One Communications Ltd.,- October 2018 Share Repurchase

Hamilton, Bermuda –: 9 November 2018 — In a filing with the Bermuda Stock Exchange (the “BSX”), One Communications Ltd., (the "Company"; Ticker: ONE.BH), advised that pursuant to its share repurchase programme, during the month of October the company repurchased 25,987 of its common shares at an average price of $3.04 for immediate cancellation.

In addition pursuant to BSX Regulation Section IIA 6.14 (2)(i) the company also repurchased 10,900 of its common shares at an average price of $3.04 for immediate cancellation.

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Established in 1971 the Bermuda Stock Exchange (BSX) is the leading fully electronic offshore securities market. The BSX specializes in listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and Insurance Linked Securities. The BSX is a full member of the World Federation of Exchanges (WFE) and is in an O.E.C.D. member nation and an affiliate member of IOSCO. The BSX is recognised by the US SEC as a Designated Offshore Securities Market. In addition, the BSX is recognized by the U.S. Securities & Exchange Commission (SEC) as a Designated Offshore Securities Market under Regulation S; The Financial Services Authority in the UK as a Designated Investment Exchange; HM Revenue & Customs in the UK as a Recognized Stock Exchange; The Bermuda Monetary Authority as a Recognised Investment Exchange; and as an Approved Stock Exchange under Australia’s Foreign Investment Funds (FIF) taxation rules; and Designated Exchange status under Canada’s Income Tax Act and is a member of America’s Central Securities Depository Association.