TV Azteca Press Release

TV Azteca Press Release 


MEXICO CITY, Oct. 6  /PRNewswire-FirstCall/ -- TV Azteca, S.A. de C.V. (NYSE:
TZA; BMV: TVAZTCA), one of the two largest producers of Spanish language
television programming in the world, announced today that on or around August
27, 2004, the staff of the US Securities and Exchange Commission (SEC) issued
Wells Notices to TV Azteca and certain executives and directors of the company,
alleging violations of the US federal securities laws, and stating the
intention of the staff to recommend that the SEC bring a civil injunctive
action against TV Azteca.  TV Azteca's Wells Notice also states that, in
connection with the contemplated civil injunctive action, the SEC may seek
permanent injunctive relief and civil monetary penalties.

At this time, TV Azteca cannot predict the outcome of the SEC's investigation;
however, the SEC may impose fines or penalties that could have a material
adverse effect on TV Azteca's financial condition and result of operations.

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 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 Omar Avila, [phone],

, or Media Relations: Tristan Canales, [phone],

, or Daniel McCosh, [phone],

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



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

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