TV Azteca Press Release

MEXICO CITY, Sept. 15  /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 today that, as it was previously announced, the period throughout which holders of TV Azteca American Depositary Receipts (ADRs) can exchange their ADRs for TV Azteca Certificados de Participacion Ordinaria (CPOs), which are currently traded on the Mexican Stock Market (BMV), will expire on September 16, 2005.

As has been detailed in the Company's prior press releases, ADR holders have had a 60 day period, which started on July 18, 2005, to exchange their ADRs for CPOs traded on the BMV.  On September 16, 2005, date of the expiration of such period, The Bank of New York (BoNY) will be allowed to sell the CPOs underlying the ADRs that were not surrendered and distribute the proceeds of such sale to holders of the remaining ADRs.  The Company understands from BoNY that BoNY is expected to sell the CPOs on the BMV in a strategic manner within an undefined timeframe.

The Company had previously announced that 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 a continued listing on a U.S. national securities exchange.

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. 

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



CONTACT:  Investor Relations - Bruno Rangel, [phone],

, or Rolando Villarreal, [phone],

, or Press Relations - Tristan Canales, +52-55-

1720-1441, , or Daniel McCosh, [phone],

, all for TV Azteca, S.A. de C.V.



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

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