One Communications Ltd., One-time Repurchase Notification

Hamilton, Bermuda – 5 October 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 4 October 2018 the company repurchased 10,900 of its common shares at an average price of $3.00 for immediate cancellation.