Teleste - Changes in company's own shares

SHARE REPURCHASE 28.08.2008

SHARE REPURCHASE 28.08.2008 
Teleste Corporation          ANNOUNCEMENT          28.08.2008                   



SHARE REPURCHASE 28.08.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         28.08.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             4 500       shares           
Total cost                                         20 573.06    EUR             
Average price / share                              4.5718       EUR             
Highest price / share                              4.60         EUR             
Lowest price / share                               4.54         EUR             


Teleste Corporation now holds 447 621 shares                                    
including the shares repurchased on 28.08.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi