Teleste - Changes in company's own shares

SHARE REPURCHASE 12.12.2008

Teleste Corporation          ANNOUNCEMENT          12.12.2008                   



SHARE REPURCHASE 12.12.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         12.12.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             7 900        shares          
Total cost                                         15 775.00    EUR             
Average price / share                              1.9968       EUR             
Highest price / share                              2.06         EUR             
Lowest price / share                               1.90         EUR             


Teleste Corporation now holds 720 131 shares                                    
including the shares repurchased on 12.12.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi