TV Azteca Press Release

MEXICO CITY, Oct. 3  /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, The Bank of New York (BoNY) concluded the sale -- in the Mexican Stock Market (BMV) -- of TV Azteca Certificados de Participacion Ordinaria (CPOs) underlying American Depositary Receipts (ADRs) that were not surrendered by holders within a predetermined timeframe, in the process of termination of the ADR program that the company had in the United States.

As has been detailed in prior company press releases, ADR holders had a 60 day period -- from July 18, 2005 to September 16, 2005 -- to exchange their ADRs for CPOs traded on the BMV.  On September 19, 2005, BoNY started to sell the CPOs underlying the ADRs that were not surrendered.  The selling process of such CPOs by BoNY has concluded, and there are no remaining CPOs underlying ADRs that were not surrendered within the 60 day period.

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 continuing listed 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.

   Investor Relations:
   Bruno Rangel                      Rolando Villarreal
   + 52 (55) 1720 9167               + 52 (55) 1720 0041
             

   Press Relations:
   Tristan Canales                   Daniel McCosh
   + 52 (55) 1720 1441               + 52 (55) 1720 0059
         

DATASOURCE: TV Azteca



CONTACT:  Investor Relations, Bruno Rangel of TV Azteca,

[phone], ; or Rolando Villarreal,

[phone], , for TV Azteca; or Press

Relations, Tristan Canales, [phone], ,

for TV Azteca; or Daniel McCosh of TV Azteca, [phone],





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

Copyright