One Communications Ltd., One-time Repurchase Notification

Hamilton, Bermuda – 3 December 2018 — In a filing with the Bermuda Stock Exchange (the “BSX”), One Communications Ltd., (the "Company"; Ticker: ONE.BH), advised that pursuant to BSX Regulation Section IIA 6.14 (2)(i) on 3 December 2018 the company repurchased 451,805 of its common shares at an average price of $3.00 for immediate cancellation.