TV Azteca Will Distribute US$46 Million in Cash to Shareholders on June 6, 2007

TV Azteca Will Distribute US$46 Million in Cash to Shareholders on June 6, 2007

- Accumulated Distributions of US$541 Million Since June 2003-

-Aggregate Amount Equivalent to a 20% Yield-

MEXICO CITY, May 29 /PRNewswire-FirstCall/ -- 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 on June 6, the company will make a cash distribution to shareholders of US$46 million, equivalent to US$0.016 per CPO.

As previously announced, the TV Azteca Shareholders' Meeting held on December 7 approved aggregate distributions for up to US$100 million to be paid during 2007 and 2008, which include the payment announced today.

The cash disbursement of US$46 million 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, including the payment announced today, represent an aggregate amount of US$541 million, equivalent to a 20% yield, based on the May 28, 2007, 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, US$68 million on May 23, 2006; and US$22 million on November 22, 2006.

"The continuous cash distributions made by TV Azteca reflect solid financial results and robust cash generation, and the operating perspectives both in Mexico and the U.S. Hispanic market, as well as future cash generation, are encouraging," said Carlos Hesles, CFO of TV Azteca.

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 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 filings with Securities Authorities.

                            Investor Relations:           Bruno Rangel                            Marcia San Roman       + 52 (55) 1720 9167                      + 52 (55) 1720 0041     jrangelk@tvazteca.com.mx                 msromang@tvazteca.com.mx                               Press Relations:          Tristan Canales                            Daniel McCosh       + 52 (55) 1720 1441                       + 52 (55) 1720 0059     tcanales@gruposalinas.com.mx               dmccosh@tvazteca.com.mx  

First Call Analyst:
FCMN Contact:

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

CONTACT: Investors, Bruno Rangel, +011-52-55-1720-9167,
jrangelk@tvazteca.com.mx, or Marcia San Roman, +011-5255-1720-0041,
msromang@tvazteca.com.mx, both of TV Azteca, or media, Tristan Canales,
+011-5255-1720-1441, tcanales@gruposalinas.com.mx, or Daniel McCosh,
+011-5255-1720-0059, dmccosh@tvazteca.com.mx, both of Grupo Salinas

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

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Profile: International Entertainment