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SHARE REPURCHASE 28.10.2008

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Teleste Corporation          ANNOUNCEMENT          28.10.2008                   



SHARE REPURCHASE 28.10.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         28.10.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             8 000        shares          
Total cost                                         18 350.00    EUR             
Average price / share                              2.2938       EUR             
Highest price / share                              2.30         EUR             
Lowest price / share                               2.28         EUR             


Teleste Corporation now holds 574 071 shares                                    
including the shares repurchased on 28.10.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi

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