Teleste - Changes in company's own shares

SHARE REPURCHASE 23.07.2008

Teleste Corporation          ANNOUNCEMENT          23.07.2008



SHARE REPURCHASE 23.07.2008

Helsinki Stock Exchange

Trade date                                         23.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             1 700        shares
Total cost                                         7 160.00     EUR
Average price / share                              4.2118       EUR
Highest price / share                              4.24         EUR
Lowest price / share                               4.20         EUR


Teleste Corporation now holds 407 521 shares
including the shares repurchased on 23.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi