SHARE REPURCHASE 02.10.2008

Teleste Corporation          ANNOUNCEMENT          02.10.2008                   



SHARE REPURCHASE 02.10.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         02.10.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             3 100        shares          
Total cost                                         12 148.00    EUR             
Average price / share                              3.9187       EUR             
Highest price / share                              3.97         EUR             
Lowest price / share                               3.87         EUR             


Teleste Corporation now holds 531 371 shares                                    
including the shares repurchased on 02.10.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi