TV Azteca Distributes US$59 Million in Cash to Shareholders

TV Azteca Distributes US$59 Million in Cash to Shareholders

Accumulated Distributions of US$384 Million Since June 2003

Aggregate Amount Equivalent to a 25% Yield

MEXICO CITY, June 9 /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 today a US$59 million cash distribution to shareholders, equivalent to US$0.019 per CPO or US$0.309 per ADR.

On April 29, TV Azteca's Annual Ordinary Shareholders' Meeting approved distributions for an aggregate amount of approximately US$80 million to be paid during 2005, which includes the payment of US$59 million made today, and another payment of approximately US$21 million to be made on December 1.

The company noted today's cash distribution is part of its ongoing plan to allocate a substantial portion of TV Azteca's cash generation to make 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 in June 2003.

The distributions under the cash usage plan made to date represent an aggregate amount of US$384 million, equivalent to a 25% yield on the June 8, 2005 ADR 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; and US$130 million on December 14, 2004.

"TV Azteca's ongoing distributions reflect strong financial results and robust cash generation," said Mario San Roman, Chief Executive Officer of TV Azteca. "Growing operations domestically and in the U.S. Hispanic market provide us with solid perspectives for cash creation going forward, allowing for strict adherence to our cash plan as scheduled."

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, +011-52-55-1720-9167, or jrangelk@tvazteca.com.mx, or Rolando Villarreal, +011-52-55-1720-0041, or rvillarreal@gruposalinas.com.mx; or Media, 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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