TV Azteca Announces Revenue of Ps.2,432 Million and EBITDA of Ps.1,003 Million i

"We were able to match the sales level from the prior year, despite theabsence this quarter of revenue related to the final stage of the Soccer WorldCup 2006, and Unefon sales," said Mario San Roman, Chief Executive Officer ofTV Azteca. "On the strategic front, we further strengthened the popularity ofour programming grid, which generates superior audience levels and places usin an outstanding position for the upcoming months, which have high seasonaladvertising demand."

Third Quarter Results

Net sales were Ps.2,432 million, compared with Ps.2,430 million for thesame quarter of 2006. Total costs and expenses added up to Ps.1,428 million,from Ps.1,372 million in the same period last year. As a result, TV Aztecareported EBITDA of Ps.1,003 million, compared with Ps.1,058 million for thethird quarter of 2006. The company reported net majority income of Ps.440million, from Ps.506 million in the same period of 2006.

                            3Q 2006        3Q 2007             Change                                                            Ps.        %    Net Sales             Ps. 2,430      Ps. 2,432         Ps. 2      0%    EBITDA                Ps. 1,058      Ps. 1,003       Ps. (55)    -5%    Net Majority Income     Ps. 506        Ps. 440       Ps. (66)   -13%    Net Income per CPO     Ps. 0.17       Ps. 0.15      Ps.(0.02)   -13%    Millions of pesos of constant purchasing power as of September 30, 2007.    EBITDA is Operating Profit Before Depreciation and Amortization.    The number of CPOs outstanding as of September 30, 2007 was 2,992      million.

Net Sales

"We overcame a difficult sales benchmark in the quarter, thanks to thegeneration of optimal advertising solutions for our clients, withinprogramming alternatives focused on the target markets of many of ouradvertisers," added Mr. San Roman. "Our programming grids reached 40% share ofthe commercial audience in the full day this quarter, and generated soliddemand to develop successful advertising campaigns. This compensated the salesrelated to four of the 2006 Soccer World Cup games and advertising fromUnefon, present a year ago."

Third quarter revenue includes net sales from Azteca America -- thecompany's wholly owned broadcasting network focused on the U.S. Hispanicmarket -- of Ps.137 million, 7% higher than Ps.129 million from the sameperiod a year ago. This period's figure represents the seventh quarter ofgrowth in the network's sales in a row.

TV Azteca also reported programming sales to other countries ofPs.26 million, compared with Ps.13 million recorded in the previous year.This quarter's programming exports were driven by the company's novelasMientras Haya Vida, in Latin America and Europe, and the program La Vida esuna Cancion, in Central and South America.

Barter sales were Ps.84 million, compared with Ps.82 million in the prioryear. Inflation adjustment of advertising advances was Ps.15 million,compared with Ps.68 million in the third quarter of 2006.

During the period, the company did not register ad sales to Unefon, unlikethe prior year in which the advertising contract with the client was still inforce. As already detailed, during the third quarter of 2006, TV Azteca'sboard of directors approved the cancellation of the advertising contract withUnefon, which began in 1998.

Costs and Expenses

Costs and expenses grew 4% as a result of an increase of the sameproportion in the programming, production and transmission costs toPs.1,138 million, from Ps.1,092 million in the same period of the prior year,and a 4% increase in administrative and selling expenses to Ps.290 million,compared with Ps.280 million in the same quarter of 2006.

The cost increase results from production initiatives in Mexico thatposition the company in a superior level for the seasonal demand increaseexpected for the upcoming months; as well as from higher costs related to thegeneration of successful content for U.S. Hispanic viewerships.

The increase in administrative and selling expenses results form higheroperating expenses as well as disbursements related to the growing volume ofbusinesses in the U.S.

EBITDA and Net Income

The stability in net sales during the quarter, combined with the increasein costs and expenses, generated EBITDA of Ps.1,003 million, compared withPs.1,058 million in the same quarter of the prior year.

Below EBITDA, the company recorded depreciation and amortization ofPs.97 million, practically unchanged from Ps.96 million a year ago.

The company recorded other expenses of Ps.202 million, compared withPs.155 million a year ago. Other expenses this period were primarilycomprised of charitable donations, legal fees, the recognition of theparticipation through the equity method of subsidiaries results, and otheramortizations.

Net comprehensive financing cost during the quarter was Ps.162 millioncompared with Ps.244 million in the same period of 2006. Interest expensedecreased Ps.8 million as a result of a lower financial cost of debt duringthis period. Other financial expenses decreased Ps.34 million due to paymentson interest rate and foreign exchange hedging a year ago. Interest incomedecreased Ps.7 million due to a lower yield of the company's cash and cashequivalents. Foreign exchange loss decreased Ps.35 million, as a result ofhigher leveling of the average balance of assets and liabilities in dollarsduring the quarter. Gain on monetary position grew Ps.12 million, derived froman increase of the net liability monetary position this period.

Tax provision was Ps.134 million, compared with Ps.43 million a year ago,in line with the applicable tax rate on the company's results.

Net loss of minority stockholders was Ps.32 million, compared with anincome of Ps.15 million in the same quarter of the previous year. The loss ofminority stockholders represents 50% of Azteca Web's results, which TV Aztecaconsolidates, and that belongs to CNCI, owner of half of that company.

Net income of majority stockholders in the quarter was Ps.440 million,compared with Ps.506 million in the same period of 2006.

Outstanding Debt

As of September 30, 2007, the company's total outstanding debt wasPs.7,598 million. TV Azteca's cash balance was Ps.1,636 million, resulting innet debt of Ps.5,962 million. The total debt to last twelve months EBITDA(LTM EBITDA) ratio was 2 times, and net debt to EBITDA was 1.6 times. LTMEBITDA to net interest expense ratio was 5.5 times.

Excluding -- for analytical purposes -- Ps.1,308 million debt due 2069,total debt was Ps.6,290 million, and total debt to EBITDA ratio was 1.6 times.

Nine Month Results

Net sales in the first nine months of the year were Ps.6,507 million,compared with Ps.7,132 million in the same period of 2006. Total costs andexpenses were P.4,040 million from Ps. 4,158 million in the same period a yearago. As a result, TV Azteca reported EBITDA of Ps.2,468 million, comparedwith Ps.2,974 million of the first nine months of the previous year. Netmajority income was Ps.843 million, from Ps. 1,510 million in the same periodof 2006.

                         9M 2006        9M 2007              Change                                                     Ps.               %    Net Sales            Ps. 7,132    Ps. 6,507    Ps. (625)          -9%    EBITDA               Ps. 2,974    Ps. 2,468    Ps. (506)         -17%    Net Majority Income  Ps. 1,510      Ps. 843    Ps. (667)         -44%    Net Income per CPO    Ps. 0.50     Ps. 0.28   Ps. (0.22)         -44%    Millions of pesos of constant purchasing power as of September 30, 2007.    EBITDA is Operating Profit Before Depreciation and Amortization.    The number of CPOs outstanding as of September 30, 2007 was 2,992 million.

Company Profile

TV Azteca is one of the two largest producers of Spanish-languagetelevision programming in the world, operating two national televisionnetworks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned andoperated stations across the country. TV Azteca affiliates include AztecaAmerica Network, a new broadcast television network focused on the rapidlygrowing U.S. Hispanic market, and Azteca Web, an Internet company for NorthAmerican Spanish speakers.

TV Azteca is a Grupo Salinas company (), a group ofdynamic, fast growing, and technologically advanced companies focused oncreating shareholder value, and improving society through excellence. Createdby Mexican entrepreneur Ricardo B. Salinas, Grupo Salinas operates as amanagement development and decision forum for the top leaders of membercompanies.

Except for historical information, the matters discussed in this pressrelease are forward-looking statements and are subject to certain risks anduncertainties that could cause actual results to differ materially from thoseprojected. Other risks that may affect TV Azteca and its subsidiaries areidentified in documents sent to securities authorities.

                             Investor Relations:    Bruno Rangel                                   Marcia San Roman    + 52 (55) 1720 9167                            + 52 (55) 1720 0041                                                          Press Relations:    Tristan Canales                                Daniel McCosh    + 52 (55) 1720 1441                            + 52 (55) 1720 0059