TV Azteca Press Release

TV Azteca Press Release

MEXICO CITY, April 28 /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 today that the Mexican Banking and Securities Commission (CNBV) notified TV Azteca, Ricardo B. Salinas, Chairman of the Board, and Pedro Padilla L., Board Member of the Company concerning financial penalties being imposed in connection with administrative procedures that were brought by the CNBV in late January 2005 arising from alleged violations of the Mexican Securities Law as a result of transactions that occurred in 2003 among Unefon, Nortel and Codisco.

TV Azteca notes that the sanctions are subject to appeal and takes the position that they are not based upon a proper interpretation of the Law, and TV Azteca plans to take appropriate measures to appeal these sanctions. The aggregated amount of the financial penalties equals approximately US$2.3 million, of which the CNBV intends to impose upon TV Azteca a penalty equivalent to approximately US$50,000.

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 new 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 its Form 20-F and other filings with the US Securities and Exchange Commission.

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

CONTACT: Investors, Bruno Rangel, +011-52-55-3099-9167, or jrangelk@tvazteca.com.mx, or Media, Tristan Canales, +011-52-55-1720-5786, or tcanales@tvazteca.com.mx, or Daniel McCosh, +011-52-55-1720-0059, or dmccosh@tvazteca.com.mx

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

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