SHARE REPURCHASE 23.09.2008


Teleste Corporation          ANNOUNCEMENT          23.09.2008                   



SHARE REPURCHASE 23.09.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         23.09.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             2 700        shares          
Total cost                                         10 981.00    EUR             
Average price / share                              4.0670       EUR             
Highest price / share                              4.14         EUR             
Lowest price / share                               4.02         EUR             


Teleste Corporation now holds 510 871 shares                                    
including the shares repurchased on 23.09.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi