Teleste - Changes in company's own shares

SHARE REPURCHASE 17.07.2008

Teleste Corporation          ANNOUNCEMENT          17.07.2008



SHARE REPURCHASE 17.07.2008

Helsinki Stock Exchange

Trade date                                         17.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             3 100        shares
Total cost                                         12 934.00    EUR
Average price / share                              4.1723       EUR
Highest price / share                              4.20         EUR
Lowest price / share                               4.13         EUR


Teleste Corporation now holds 390 821 shares
including the shares repurchased on 17.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi