Teleste - Changes in company's own shares

DISPOSAL OF TELESTE CORPORATION OWN SHARES ON 4 FEBRUARY 2008

TELESTE CORPORATION   STOCK EXCHANGE RELEASE  4.2.2008  AT 16:30                


DISPOSAL OF TELESTE CORPORATION OWN SHARES ON 4 FEBRUARY 2008                   

Date: 4 February 2008                                             
Basis for Disposal: The shares are disposed to the President and CEO and members
of the Management Group in accordance with the incentive plan determined by the 
Board of Directors.                                                             

Trading Code: TLT1V                                                       
Number of Shares: 7,761 shares                                                
Price/share: Gratuitous                                                  

After the disposal on 4 February 2008, the number of own shares in Teleste's    
possession is 344,721 shares.                                                   

Teleste is an international technology group founded in 1954, which is          
specialized in broadband data communication systems and solutions. The group is 
divided into two Strategic Business Units: Broadband Cable Networks and Video   
Networks. Broadband Cable Networks serves cable operators and a major part of   
its business activities are handled through direct customer contact. Video      
Networks supplies solutions for optical signal transmission and video network   
management software solutions for video surveillance and a major part of its    
business is handled through system integrators. Both Business Units are among   
the leading providers in their market areas and are globally recognized for     
their know-how and ability to produce technically cutting edge solutions year   
after year. In 2007 the group's net sales totalled EUR 125.1 million and the    
group employed 672 persons at the year-end. The company has approximately 30    
offices world-wide and over 91% of Teleste's net sales are generated outside    
Finland. The company is listed on the OMX Nordic Exchange Helsinki.             
Visit www.teleste.com for more information.                                     


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             


ADDITIONAL INFORMATION:                                                         
Mr Jukka Rinnevaara President and CEO, tel +358 2 2605 866 or +358 400 747 488  


DISTRIBUTION:                                                                   
OMX Nordic Exchange Helsinki                                                    
Media                                                                           
www.teleste.com