HispanicBusiness

MEXICO CITY, June 24 /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, effective June 17, 2005, The Bank of New York (BONY) gave notice of termination of TV Azteca's ADR program to the holders of TV Azteca's American Depositary Receipts (ADRs). Upon such notice of termination, BONY discontinued issuing new ADRs, by filing a Post-Effective Amendment to Form F-6 with the United States Securities and Exchange Commission. Additionally, the deposit agreement was amended to reduce to 60 days the period during which holders may exchange ADRs for CPOs traded on the Mexican Stock Market (BMV).

As was previously announced, 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 continued listed in the U.S. capital markets.

Pursuant to the termination of the deposit agreement, the NYSE is expected to suspend trading of the ADRs in the United States on or about July 18, 2005. ADR holders will have 60 days to exchange their ADRs for CPOs traded on the BMV. Upon the expiration of the 60-day period, BONY will be allowed to sell the CPOs underlying the ADRs that were not surrendered and distribute the proceeds of such sale to holders.

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. TV Azteca

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