TV Azteca Announcement

TV Azteca Announcement

MEXICO CITY, July 15 /PRNewswire-FirstCall/ -- TV Azteca, S.A. de C.V. (BMV: TVAZTCA; NYSE: TZA; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world announced today that, as was previously informed, on July 18, 2005, the Bank of New York (BONY), at the Company's instruction, will terminate the Company's American Depositary Receipts (ADRs) program and, as a result, the New York Stock Exchange (NYSE) will suspend trading of its ADRs. As of such date, the Company's ADRs will not trade on the NYSE.

As was previously announced, at an Extraordinary Shareholders' Meeting held on June 1, 2005, 99.85% of TV Azteca's shareholders approved the termination of the ADR program, after an analysis and discussion of the costs and benefits of continued listed in the U.S. capital markets.

As has been detailed, ADR holders will have 60 days to exchange their ADRs for CPOs traded on the Mexican Stock Market. Upon the expiration of the 60- day period, BONY will be allowed to sell the CPOs underlying the ADRs that were not surrendered and distribute the proceeds of such sale to holders.

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

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

CONTACT: Investor Relations:, Bruno Rangel, +52-55-1720-9167, jrangelk@tvazteca.com.mx, Rolando Villarreal, +52-55-1720-0041, rvillarreal@gruposalinas.com.mx; or Press Relations: Tristan Canales, +52-55-1720-1441, tcanales@gruposalinas.com.mx, or Daniel McCosh, +52-55-1720-0059, dmccosh@tvazteca.com.mx, all of TV Azteca, S.A. de C.V.

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

------- Profile: Ent