Grupo Televisa Announces Filing of an Amended Form 13-D With Respect to Univision

Grupo Televisa Announces Filing of an Amended Form 13-D With Respect to Univision

NEW YORK and MEXICO CITY, May 12 /PRNewswire-FirstCall/ -- Grupo Televisa, S.A. ("Televisa"; NYSE: TV; BMV: TLEVISA CPO) announced today that it has filed an amendment to its Form 13-D with the U.S. Securities and Exchange Commission with respect to its holding in Univision Communications Inc. ("the Issuer"; NYSE: UVN). The filing states, among other things, that:

"The board of directors of Televisa held a meeting on April 27, 2006 and authorized Emilio Azcarraga, Chairman of the Board, President and Chief Executive Officer of Televisa, and Alfonso de Angoitia, Executive Vice President of Televisa, in their judgment to enter into a group with others and to make a plan or proposal for a transaction with the Issuer which, if successful, would involve an increase in Televisa's minority shareholding of the Issuer. By announcing this action by the Televisa board, it should not be understood that Televisa is undertaking an obligation to report on each step of a potential transaction.

Televisa, pursuant to such authority, and Bain Capital Partners, LLC, Blackstone Management Associates V, LLC, Carlyle Investment Management, L.L.C., Cascade Investment, L.L.C., and Kohlberg Kravis Roberts & Co. L.P. have decided to work together for the purpose of making such a plan or proposal."

Grupo Televisa, S.A., is the largest media company in the Spanish-speaking world and a major participant in the international entertainment business. It has interests in television production and broadcasting, production of pay television networks, international distribution of television programming, direct-to-home satellite services, publishing and publishing distribution, cable television, radio production and broadcasting, professional sports and live entertainment, feature film production and distribution, and the operation of a horizontal internet portal. Grupo Televisa also owns an unconsolidated equity stake in Univision, the leading Spanish-language media company in the United States, and in La Sexta, a free-to-air television venture in Spain.

Televisa Investor Relations Contacts: Media Relations Contacts:
Michel Boyance / Alejandro Eguiluz Lin Wu/Jeremy Fielding/Scott Hynes
Tel: +52 (55) 5261-2445 Kekst and Company
Fax: +52 (55) 5261-2494 Tel: +1 (212) 521-4800
ir@televisa.com.mx

Source: Grupo Televisa, S.A.

CONTACT: Televisa Investor Relations - Michel Boyance, or Alejandro
Eguiluz, +52-55-5261-2445, Fax: +52-55-5261-2494, ir@televisa.com.mx; Media
Relations - Lin Wu, Jeremy Fielding, or Scott Hynes, all of Kekst and Company,
+1-212-521-4800

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