Annual Financial Report and Notice of AGM

ZEGONA COMMUNICATIONS PLC ("Zegona")

Notice of AGM

29 March 2018

Zegona, announces that its 2018 Annual General Meeting is to be held at the offices of Travers Smith LLP, 10 Snow Hill, EC1A 2AL on Wednesday 2 May 2018 at 2 p.m. and that the following documents have today been posted or made available to shareholders:

· Annual Report for the year ended 31 December 2017 including the Notice of Annual General Meeting

· Form of Proxy for the Annual General Meeting

In accordance with Listing Rule 9.6.1, the above documents will be submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available to the public for inspection at www.morningstar.co.uk/uk/NSM.

These documents are also available on the Zegona's website at www.zegona.com.

Enquiries:

Tavistock (Public Relations Adviser)

Tel: +44 (0) 20 7920 3150

Jos Simson / Lulu Bridges / Andrew Dunn

Notes to Editors:

About Zegona

Zegona was established with the objective of acquiring businesses in the European Telecommunications, Media and Technology sector with a 'Buy-Fix-Sell' strategy to deliver attractive shareholder returns. Zegona is listed on The London Stock Exchange's Main Market and is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson.

Zegona acquired Telecable, the leading quad play cable telecommunications operator in the Asturias region of Spain in August 2015. The sale of Telecable to Euskaltel was completed on 26 July 2017.