TV Azteca Shareholders Receive Accumulated Distributions of US$495 Million Since June 2003

TV Azteca Shareholders Receive Accumulated Distributions of US$495 Million Since June 2003

- TV Azteca Distributes Today US$22 Million in Cash -

- Aggregate Amount Equivalent to a 24% Yield -

MEXICO CITY, Nov. 23 /PRNewswire/ -- TV Azteca, S.A. de C.V. (BMV: TVAZTCA; Latibex: XTZA), one of the two largest producers of Spanish language television programming in the world, announced that it made today a US$22 million cash distribution to shareholders, equivalent to US$0.007 per CPO.

As previously announced, TV Azteca Shareholders' Meetings held on February 20 and April 28 approved distributions for a total amount of US$90 million to be paid during 2006, which includes today's payment and a previous one for US$68 million made on May 23, 2006.

Today's cash disbursement is part of the company's ongoing plan to allocate a substantial portion of TV Azteca's cash generation to shareholder distributions of over US$500 million within a six-year period that began in June 2003.

The distributions under the cash-usage plan made to date represent an aggregate amount of US$495 million, equivalent to a 24% yield based on the November 21, 2006 CPO closing price.

Previous payments 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; US$59 million on June 9, 2005; US$21 million on December 1, 2005; and US$68 million on May 23, 2006.

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 US 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 Securities Authorities.

Investor Relations:

Bruno Rangel Marcia San Roman
+ 52 (55) 1720 9167 + 52 (55) 1720 0041
jrangelk@tvazteca.com.mxmsromang@tvazteca.com.mx

Press Relations:

Tristan Canales Daniel McCosh
+ 52 (55) 1720 1441 + 52 (55) 1720 0059
tcanales@gruposalinas.com.mxdmccosh@tvazteca.com.mx

Source: TV Azteca

CONTACT: Bruno Rangel, +52-(55)-1720-9167, jrangelk@tvazteca.com.mx; or
Marcia San Roman, +52-(55)-1720-0041, msromang@tvazteca.com.mx; or Tristan
Canales, +52-(55)-1720-1441, tcanales@gruposalinas.com.mx; or Daniel McCosh,
+52-(55)-1720-0059, dmccosh@tvazteca.com.mx

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

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