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Strategic Alliance Between Televisa and Genomma Lab

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Grupo Televisa, S.A.B. ("Televisa"; NYSE:
TV; BMV: TLEVISA CPO) and Genomma Lab Internacional, S.A.B. de C.V. ("Genomma
Lab"; BMV: LAB B) announced today that they have signed a strategic alliance
agreement to sell and distribute personal care and over the counter
pharmaceuticals in the United States and Puerto Rico. 

The strategic alliance will operate through Televisa Consumer Products USA
("TCP") a company owned 51% by Televisa and 49% by Genomma Lab. The sale and
distribution of Genomma Lab's products will be an integral part of the
activities of TCP.

As part of this alliance, TCP will enter into, among others, a product supply
agreement with Genomma Lab. Televisa will make available its different media
platforms in the United States and Puerto Rico to TCP, which will provide
Genomma Lab's brands with significant advertising in the targeted markets in
line with Genomma Lab's business model.

This will enable Genomma Lab to expand the extensive success of its brands
beyond Mexico and Latin America by accessing a Hispanic market of
approximately 50 million consumers with a purchasing power of over $870
billion annually while leveraging off of Televisa's reach and name recognition
in the Hispanic market. 

Subject to certain conditions, the parties contemplate closing the transaction
in the following months and launching operations by year end.

About Grupo Televisa, S.A.B

Grupo Televisa, S.A.B., is the largest media company in the Spanish-speaking
world and a major participant in the international entertainment business. It
has interests in television production and broadcasting, production of
pay-television networks, international distribution of television programming,
direct to home satellite services, cable television and telecommunication
services, magazine publishing and publishing distribution, radio production
and broadcasting, professional sports and live entertainment, feature-film
production and distribution, the operation of an internet portal, and gaming.
Grupo Televisa also owns an unconsolidated equity stake in La Sexta, a
free-to-air television venture in Spain.

About Genomma Lab Internacional, S.A.B. de C.V.

Genomma Lab Internacional, S.A.B. de C.V. is one of the fastest growing
pharmaceutical and personal care products companies in Mexico and has an
increasing presence in the international markets. Genomma Lab develops, sells
and markets a broad range of premium branded products, many of which are
leaders in the categories in which they compete in terms of sales and market
share. The Company has significantly grown its revenue and profitability
through a combination of a successful new product development process,
consumer-oriented marketing, a broad retail distribution network and a
low-cost, highly flexible operating model.

SOURCE  Genomma Lab Internacional, S.A.B. de C.V.

Grupo Televisa S.A.B., Carlos Madrazo, or Maria Jose Cevallos, +(5255)
5261-2445, fax, +(5255)5261-2494, ir@televisa.com.mx, Manuel Compean,  +(5255)
5728 3815, fax, +(5255) 5728 3632,  mcompean@televisa.com.mx, Genomma Lab
Internacional S.A.B. de C.V., Oscar Villalobos, +(5255) 5081-0000 ext.4250,
ovillalobos@genommalab.com

Posted on: September 3rd, 2009
Curation from Tomás
Filed Under: Business, Business News, Media, Press Releases
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