Univision Communications Announces Commencement of Consent Solicitation

“Univision Communications Inc., the leading Spanish-language media company in the U.S., today announced that it is soliciting consents for amendments to the indenture and other applicable documents governing the series of notes specified below to conform to the reporting obligations contained in the company’s Senior Notes Indenture, dated March 29, 2007, governing its 9.75%/10.50% Senior Notes due 2015.

The consents are being solicited from holders of the following series of notes:

3.500% Senior Notes due 2007;
3.875% Senior Notes due 2008; and
7.85% Senior Notes due 2011.

The company is offering a consent fee of $2.50 for each $1,000 in principal amount of notes as to which the holder provides a consent. Approval of the proposed amendments requires the consent of the holders of not less than a majority in principal amount of the outstanding notes of each series. Consents will be solicited from holders of record of each series of notes as of April 23, 2007, the record date.

The consent solicitations will expire at 5:00 p.m., New York City time, on May 2, 2007, unless extended. Holders may deliver their consents to the Tabulation Agent as described in the consent solicitation statement at any time before the expiration date.

The company has retained Credit Suisse Securities USA LLC to serve as Solicitation Agent for the solicitation, and D.F. King & Co., Inc. to serve as the Information and Tabulation Agent. Copies of the consent solicitation statement, consent form and related documents may be obtained at no charge by contacting the Information Agent by telephone at 800 829-6551 toll free or, for banks and brokers, 212 269-5550 call collect. Questions regarding the solicitation may be directed to: Credit Suisse Securities USA LLC, Eleven Madison Avenue, New York, New York, 10010, Call Collect: 212 325-7596, Attn: Liability Management Group.

The solicitation presents certain risks for holders who consent, as set forth more fully in the consent solicitation statement. That document contains important information, and holders should read it carefully before making any decision.”

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