SHARE REPURCHASE 29.09.2008

Teleste Corporation          ANNOUNCEMENT          29.09.2008                   



SHARE REPURCHASE 29.09.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         29.09.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             2 100        shares          
Total cost                                         8 362.50     EUR             
Average price / share                              3.9821       EUR             
Highest price / share                              4.00         EUR             
Lowest price / share                               3.97         EUR             


Teleste Corporation now holds 521 371 shares                                    
including the shares repurchased on 29.09.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi