14 March 2016

Goldman Sachs TMT Executive Director Joins Zegona

Zegona Communications plc ("Zegona"), an LSE Main Market company established to acquire and operate businesses in the European Telecommunications, Media and Technology sector, is pleased to announce that Menno Kremer has joined the company as an Investment Director.

Menno joins Zegona from Goldman Sachs where he was an Executive Director in the Telecommunications, Media and Technology (“TMT”) Investment Banking Group. He has more than 12 years of experience in investment banking. During this time, he worked on a broad range of M&A transactions and debt and equity financings for a number of leading European TMT companies, including Altice, Belgacom, CGI, Deutsche Telekom, eir, Get, KPN, Liberty Global, Portugal Telecom, Tele2, Telekom Austria, Telenet, Versatel, Vodafone, and Ziggo.

Eamonn O’ Hare, Chairman and Chief Executive of Zegona, commented: “We are delighted to welcome Menno to the Zegona team. We continue to see significant opportunities for additional acquisitions across the European TMT landscape, and Menno’s expertise, experience and contacts will greatly enhance our capability to pursue these new investment opportunities and drive the implementation of our Buy-Fix-Sell strategy.”

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For further information:

Tavistock (Public Relations Adviser) Matt Ridsdale / Lulu Bridges / Mike Bartlett Tel: 020 7920 3150

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’s first acquisition was the €640 million purchase of Telecable, the leading quadplay cable telecommunications operator in the Asturias region of Spain, which completed in August 2015. Zegona believes Telecable represents a compelling investment because of its market leading position in Asturias and strong cash generation, coupled with attractive dynamics in the Spanish telecommunications market and Spanish economy. In 2015, Telecable delivered revenues of €134million, EBITDA of €65 million and cash flow of €36 million.