Teleste - Changes in company's own shares

SHARE REPURCHASE 28.07.2008

Teleste Corporation          ANNOUNCEMENT          28.07.2008                   



SHARE REPURCHASE 28.07.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         28.07.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             1 500        shares          
Total cost                                         6 460.00     EUR             
Average price / share                              4.3067       EUR             
Highest price / share                              4.35         EUR             
Lowest price / share                               4.30         EUR             


Teleste Corporation now holds 410 121 shares                                    
including the shares repurchased on 28.07.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi