TELESTE CORPORATION’S ANNUAL REPORT 2008 PUBLISHED

TELESTE CORPORATION  STOCK EXCHANGE ANNOUNCEMENT  13.3.2009  AT 11:30           


TELESTE CORPORATION'S ANNUAL REPORT 2008 PUBLISHED                              

Teleste Corporation has today published its printed Annual Report for the year  
2008. Annual Report is available both in English and Finnish, and it            
can also be read in pdf-form on the company's website at                        
www.staging.staging.staging.staging.teleste.com.                                                                

The Annual Report will be mailed to the shareholders to the addresses in the    
Shareholder Register kept by Euroclear Finland Ltd. The reports can be ordered  
by e-mail at investor.relations@staging.staging.staging.staging.teleste.com.                                    

Teleste is an international technology group founded in 1954, which is          
specialized in broadband data communication systems and solutions. The group is 
divided into two Strategic Business Units: Broadband Cable Networks and Video   
Networks. Broadband Cable Networks serves cable operators and a major part of   
its business activities are handled through direct customer contact. Video      
Networks supplies solutions for optical signal transmission and video network   
management software solutions for video surveillance and a major part of its    
business is handled through system integrators. Both Business Units are among   
the leading providers in their market areas and are globally recognized for     
their know-how and ability to produce technically cutting edge solutions year   
after year. In 2008 the group's net sales totalled EUR 109 million and the group
employed 677 persons at the year-end. The company has approximately 30 offices  
world-wide and over 90% of Teleste's net sales are generated outside Finland.   
The company is listed on the NASDAQ OMX Helsinki Ltd.                           
Visit www.staging.staging.staging.staging.teleste.com for more information.                                     


TELESTE CORPORATION                                                             

Jukka Rinnevaara                                                                
CEO                                                                             



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NASDAQ OMX Helsinki                                                             
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