SHARE REPURCHASE 01.10.2008

Teleste Corporation          ANNOUNCEMENT          01.10.2008                   



SHARE REPURCHASE 01.10.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         01.10.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             2 400        shares          
Total cost                                         9 353.57     EUR             
Average price / share                              3.8973       EUR             
Highest price / share                              3.96         EUR             
Lowest price / share                               3.85         EUR             


Teleste Corporation now holds 528 271 shares                                    
including the shares repurchased on 01.10.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi