TV Azteca Press Release

TV Azteca Press Release

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 that today it furnished to the US Securities and Exchange Commission (SEC) on Form 6-K an English translation of its Spanish-language, Mexican Annual Report for the fiscal year ended December 31, 2004.

As was previously announced, on June 30, 2005, the company filed its Mexican Annual Report for 2004 with the Mexican National Securities and Banking Commission as required by Mexican law. That report includes TV Azteca's audited consolidated financial statements for the three fiscal years ended December 31, 2004, which were prepared in accordance with Mexican GAAP and certified by the company's independent auditors Salles, Sainz-Grant Thornton, S.C.

On July 1, 2005, the company announced that, pursuant to Rule 12b-25, it had filed with the SEC a notice of late filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2004. The company noted today that the preparation of its 2004 Form 20-F continues to be delayed and that it cannot reasonably estimate when it will be in a position to file its Form 20-F with the SEC.

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 http://www.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, or 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

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

------- Profile: Ent