SHARE REPURCHASE 14.11.2008

Teleste Corporation          ANNOUNCEMENT          14.11.2008                   



SHARE REPURCHASE 14.11.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         14.11.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             2 100        shares          
Total cost                                         5 255.00     EUR             
Average price / share                              2.5024       EUR             
Highest price / share                              2.58         EUR             
Lowest price / share                               2.45         EUR             


Teleste Corporation now holds 653 571 shares                                    
including the shares repurchased on 14.11.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi