TV Azteca Distributes US$21 Million in Cash to Shareholders

TV Azteca Distributes US$21 Million in Cash to Shareholders

- Accumulated Distributions of US$405 Million Since June 2003 -

- Aggregate Amount Equivalent to a 21% Yield -

MEXICO CITY, Dec. 1 /PRNewswire-FirstCall/ -- TV Azteca, S.A. de C.V. (NYSE:TZA) (BMV: TVAZTCA) (Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world, announced that it made a US$21 million cash distribution today to shareholders, equivalent to US$0.007 (Ps. 0.078) per CPO.

On April 29, TV Azteca's Annual Ordinary Shareholders' Meeting approved distributions for an aggregate amount of US$80 million to be paid during 2005, which include the payment made today, and a payment of US$59 million made on June 9, as was previously announced.

The company noted that today's cash disbursement is part of its ongoing plan to allocate a substantial portion of TV Azteca's cash generation to distributions to shareholders of over US$500 million, and to reduce the company's debt by approximately US$250 million within a six-year period that started June 2003.

The distributions under the cash-usage plan made to date represent an aggregate amount of US$405 million, equivalent to a 21% yield on the November 30, 2005, CPO closing price. Prior distributions include: US$125 million on June 30, 2003; US$15 million on December 5, 2003; US$33 million on May 13, 2004; US$22 million on November 11, 2004; US$130 million on December 14, 2004; and US$59 million on June 9, 2005.

Company Profile

TV Azteca is one of the two largest producers of Spanish-language television programming in the world, operating two national television networks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated stations across the country. TV Azteca affiliates include Azteca America Network, a broadcast television network focused on the rapidly growing U.S. Hispanic market, and Todito.com, an Internet portal for North American Spanish speakers.

Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Risks that may affect TV Azteca are identified in filings with the U.S. Securities and Exchange Commission.

Investor Relations:
Bruno Rangel
+011-52-55-1720-9167
jrangelk@tvazteca.com.mx

Rolando Villarreal
+011-52-55-1720-0041
rvillarreal@gruposalinas.com.mx

Press Relations:
Tristan Canales
+011-52-55-1720-1441
tcanales@gruposalinas.com.mx

Daniel McCosh
+011-52-55-1720-0059
dmccosh@tvazteca.com.mx

Source: TV Azteca, S.A. de C.V.

CONTACT: Investors, Bruno Rangel, +011-52-55-1720-9167, or
jrangelk@tvazteca.com.mx, or Rolando Villarreal, +011-52-55-1720-0041, or
rvillarreal@gruposalinas.com.mx; or Press, Tristan Canales,
+011-52-55-1720-1441, or tcanales@gruposalinas.com.mx, or Daniel McCosh,
+011-52-55-1720-0059, or dmccosh@tvazteca.com.mx, all of TV Azteca

Web site: http://www.tvazteca.com.mx/

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