Teleste - Changes in company's own shares

SHARE REPURCHASE 21.07.2008

Teleste Corporation          ANNOUNCEMENT          21.07.2008



SHARE REPURCHASE 21.07.2008

Helsinki Stock Exchange

Trade date                                         21.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             5 800        shares
Total cost                                         23 478.00    EUR
Average price / share                              4.0479       EUR
Highest price / share                              4.22         EUR
Lowest price / share                               3.99         EUR


Teleste Corporation now holds 401 821 shares
including the shares repurchased on 21.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi