DECISIONS OF THE ANNUAL GENERAL MEETING OF TELESTE CORPORATION

TELESTE CORPORATION STOCK EXCHANGE RELEASE 7.4.2009 AT 17:00

DECISIONS OF THE ANNUAL GENERAL MEETING OF TELESTE CORPORATION

The Annual General Meeting of Teleste Corporation held on 7 April 2009 resolved
in accordance with the proposal of the Board of Directors to distribute a
dividend of EUR 0.12 per share for 2008 for shares other than those held by the
Company. The record date for the dividend is 14 April 2009 and the dividend will
be paid on 21 April 2009.

The Annual General Meeting adopted the financial statements and the members of
the Board of Directors as well as the CEO were discharged from liability for the
financial year 2008.

The Annual General Meeting decided the number of members of the Board of
Directors to be six. Mrs. Marjo Raitavuo was elected as the Chairman of the
Board of Directors and Mr. Pertti Ervi, Mr. Tero Laaksonen, Mr. Pertti
Raatikainen, Mr. Kai Telanne and Mr. Petteri Walldén were elected as members of
the Board of Directors.

The annual remunerations to be paid to the members of the Board of Directors
were decided to remain unchanged so that EUR 40,000 is paid to the chairman of
the Board of Directors and EUR 25,000 is paid to other members of the Board of
Directors. In addition, a meeting fee of EUR 250 per meeting will be paid to
each member of the Board of Directors. The annual remuneration will be paid so
that that 40 per cent of the annual remuneration will be used for purchasing the
Company's shares for the members of the Board of Directors and the rest will be
paid in cash.

KPMG Oy Ab was elected as the auditor of Teleste Corporation with Mr. Esa
Kailiala (APA) as the principally responsible auditor.

PROPOSAL OF THE BOARD OF DIRECTORS TO GRANT SHARE REPURCHASE AUTHORIZATION TO
THE BOARD OF DIRECTORS

The Annual General Meeting decided to authorize the Board of Directors to
repurchase the Company's own shares in accordance with the proposal of the Board
of Directors. Based on the authorization, the Board of Directors may repurchase
a maximum of 900,000 own shares of the Company otherwise than in proportion to
the holdings of the shareholders by using the non-restricted equity.

The repurchase authorization is valid until the Annual General Meeting of
Shareholders for year 2010.

PROPOSAL OF THE BOARD OF DIRECTORS TO GRANT SHARE ISSUE AUTHORIZATION AND
AUTOHORIZATION TO GRANT SPECIAL RIGHTS TO THE BOARD OF DIRECTORS

The Annual General Meeting decided in compliance with the proposal of the Board
of Directors to authorize the Board of Directors to decide on issuing new shares
and/or conveying the Company's own shares held by the Company and/or granting
special rights referred to in Chapter 10, Section 1 of the Finnish Companies
Act.

Based on the authorization, a maximum of 10,000,000 new shares may be issued and
a maximum of 1,744,721 of own shares held by the Company may be conveyed. The
maximum number of new shares that may be subscribed and own shares held by the
Company that may be conveyed by virtue of the special rights granted by the
Company is 5,000,000 shares in total which number shall be included in the above
maximum numbers of new shares and own shares held by the Company.

The authorizations are valid until the Annual General Meeting of Shareholders
for year 2010.

Teleste Corporation

Jukka Rinnevaara
CEO

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

DISTRIBUTION:
NASDAQ OMX Helsinki
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www.teleste.com