Teleste Corporation ANNOUNCEMENT 16.07.2008 SHARE REPURCHASE 16.07.2008 Helsinki Stock Exchange Trade date 16.07.2008 Bourse trade PURCHASE Share TLT1V Amount 3 400 shares Total cost 14 279.00 EUR Average price / share 4.1997 EUR Highest price / share 4.30 EUR Lowest price / share 4.13 EUR Teleste Corporation now holds 387 721 shares including the shares repurchased on 16.07.2008. On behalf of Teleste Corporation HANDELSBANKEN CAPITAL MARKETS Juha Kolehmainen Antti Kässi