Entravision Communications Corporation Completes Sale of Dallas, Texas Radio Stations

Entravision Communications Corporation Completes Sale of Dallas, Texas Radio Stations

SANTA MONICA, Calif., Nov. 6 /PRNewswire-FirstCall/ -- Entravision Communications Corporation (NYSE:EVC) today announced that the Company has completed the previously announced sale of its Dallas radio stations to Liberman Broadcasting of Dallas, Inc. for an adjusted purchase price of $92.5 million. The stations include KTCY-FM, KZZA-FM, KZMP-FM, KZMP-AM and KBOC-FM. As a result of the completed sale, the Company no longer has operations in the Dallas market.

Walter Ulloa, Chairman and Chief Executive Officer of Entravision, commented, "The sale of our Dallas radio stations reflects our commitment to creating and maximizing the value of our assets to the benefit of our shareholders. The proceeds from this highly accretive transaction will bolster our balance sheet and improve our financial flexibility. Further, a portion of the proceeds from the sale may be used to repurchase shares in accordance with our $100 million share repurchase program."

On November 1, 2006, the Company's Board of Directors approved the repurchase of up to $100 million of its outstanding common stock. The share repurchases will be made in the open market or negotiated transactions as market and business conditions warrant, in compliance with securities laws and other legal requirements.

Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television, radio and outdoor operations to reach approximately 70% of Hispanic consumers across the United States, as well as the border markets of Mexico. Entravision is the largest affiliate group of both the top-ranked Univision television network and Univision's TeleFutura network, with television stations in 20 of the nation's top 50 Hispanic markets. The company also operates one of the nation's largest groups of primarily Spanish-language radio stations, consisting of 47 owned and operated radio stations. The company's outdoor operations consist of approximately 10,700 advertising faces concentrated primarily in Los Angeles and New York. Entravision shares of Class A Common Stock are traded on The New York Stock Exchange under the symbol: EVC.

Source: Entravision Communications Corporation

CONTACT: John DeLorenzo, Chief Financial Officer of Entravision
Communications Corporation, +1-310-447-3870; or Mike Smargiassi or Jonathan
Lesko, both of Brainerd Communicators, Inc., +1-212-986-6667, for Entravision
Communications Corporation

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