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SHARE REPURCHASE 22.07.2008

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Teleste Corporation          ANNOUNCEMENT          22.07.2008



SHARE REPURCHASE 22.07.2008

Helsinki Stock Exchange

Trade date                                         22.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             4 000        shares
Total cost                                         16 324.00    EUR
Average price / share                              4.0810       EUR
Highest price / share                              4.17         EUR
Lowest price / share                               4.03         EUR


Teleste Corporation now holds 405 821 shares
including the shares repurchased on 22.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi

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