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Global Asset Management Company Selects Zayo for Wavelength Solution

Project expands long-standing relationship

BOULDER, Colo. –
A global investment management company has selected Zayo Group Holdings,
Inc. (NYSE: ZAYO) for a wavelength solution to connect the company’s
data centers in the eastern U.S. The project, part of an infrastructure
transformation initiative, expands a long-standing relationship with
Zayo, dating back nearly a decade.

Zayo will provide two fully diverse wavelengths rings for the customer.
The rings will connect the company’s new data centers in the Washington
D.C.-area with its headquarters. Zayo worked closely with the customer
to design a solution that utilizes Zayo’s network, with buildout
required for just one of several data centers.

Increasingly, firms in finance, healthcare and other sectors that rely
on real-time technology require fully diverse networks to ensure
availability for mission-critical data.

“We are excited to expand our relationship with this long-standing
customer and help them achieve their objectives for this project,” said
Andrew Crouch, president and COO at Zayo. “Our team is relentlessly
focused on providing on high quality solutions and responsive, flexible
service — the reasons we were selected for this project.”

For more information, please visit zayo.com.

About Zayo Group

Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications
infrastructure services, including fiber and bandwidth connectivity,
colocation and cloud infrastructure to the world’s leading businesses.
Customers include wireless and wireline carriers, media and content
companies and finance, healthcare and other large enterprises. Zayo’s
122,000-mile network in North America and Europe includes extensive
metro connectivity to thousands of buildings and data centers. In
addition to high-capacity dark fiber, wavelength, Ethernet and other
connectivity solutions, Zayo offers colocation and cloud infrastructure
in its carrier-neutral data centers. Zayo provides clients with
flexible, customized solutions and self-service through Tranzact, an
innovative online platform for managing and purchasing bandwidth and
services. For more information, visit zayo.com.

Forward Looking Statements

This press release contains a number of forward-looking statements.
Words, and variations of words such as “believe,” “expect,” “plan,”
“continue,” “will,” “should,” and similar expressions are intended to
identify our forward-looking statements. No assurance can be given that
future results expressed or implied by the forward-looking statements
will be achieved and actual results may differ materially from those
contemplated by the forward-looking statements. These forward-looking
statements involve risks and uncertainties, many of which are beyond our
control. For additional information on these and other factors that
could affect our forward-looking statements, see our risk factors, as
they may be amended from time to time, set forth in our filings with the
SEC, including our 10-K dated August 25, 2016. We disclaim and do not
undertake any obligation to update or revise any forward-looking
statement in this press release, except as required by applicable law or
regulation.

Zayo Group Holdings, Inc.
Media:
Shannon Paulk, 303-577-5897
Corporate
Communications
press@zayo.com
or
Investors:
Brad
Korch, 720-306-7556
Investor Relations
IR@zayo.com