Leading Hispanic Organizations Support Univision Communications-Hispanic Broadcasting Merger

Leading Hispanic Organizations Support Univision Communications-Hispanic Broadcasting Merger

Many National and Local Hispanic Groups Urge Approval Of Transaction, Citing Benefits To Latino Community


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LOS ANGELES, CA, AND DALLAS, TX,–(HISPANIC PR WIRE – BUSINESS WIRE)–August 7, 2003–Univision Communications Inc. (NYSE: UVN) and Hispanic Broadcasting Corporation (NYSE: HBC) today announced that many leading Hispanic community groups, including the League of United Latin American Citizens (LULAC), National Council of La Raza, National Hispanic Media Coalition and National Puerto Rican Coalition, have written in support of the proposed Univision-Hispanic Broadcasting merger. In addition, the Association of Hispanic Advertising Agencies (AHAA) and a broad spectrum of prominent national and regional Hispanic organizations have also declared their support. A list of some of these organizations follows.

“We are gratified to have received such broad support from a wide range of respected organizations within the Hispanic community,” said A. Jerrold Perenchio, Chairman and Chief Executive Officer, Univision Communications. “Combining the resources of Univision and HBC will allow us to build on the existing efforts of both companies to provide the highest quality service, information and entertainment to Hispanic America.”

Mac Tichenor, Jr., Chairman and Chief Executive Officer, Hispanic Broadcasting said: “This pro-competitive merger is an important milestone that will level the playing field and usher in a new era in which Spanish-language media companies will be able to compete for audiences and advertising dollars on a more equal footing against the large English-language conglomerates.”

Univision Communications Inc. (NYSE: UVN) is a leading Spanish-language media company in the United States. Its operations include: Univision Network, the most-watched Spanish-language broadcast television network in the U.S. reaching 97% of U.S. Hispanic households; TeleFutura Network, the new 24-hour general-interest Spanish-language broadcast television network reaching 75% of U.S. Hispanic Households; Univision Television Group, which owns and operates 23 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 29 TeleFutura Network television stations; Galavisión, a leading Spanish-language cable network; Univision Music Group, which includes the Univision Music label, Fonovisa Records label, and a 50% interest in Mexican based Disa Records label as well as Fonomusic and America Musical Publishing companies; and Univision Online, a leading internet destination for the U.S. Hispanic community located at http://www.univision.com.

Hispanic Broadcasting Corporation (NYSE: HSP), a leading Spanish-language radio broadcaster in the United States, currently owns and/or operates 69 radio stations in 17 of the top 25 Hispanic markets as well as in Puerto Rico. The Company also owns and operates a network of Hispanic community-focused bilingual web sites found at http://www.netmio.com.

ASPIRA

Association Amigos de Colombia

Association de Musicos Latino Americanos

Association for the Advancement of Mexican Americans

Association of Hispanic Advertising Agencies (AHAA)

Association Puertoriquena de Diabetes

Association Puertoriquena del Pulmon

Association Tepeyac de Nueva York

Avance-Dallas

Bilingual Foundation of the Arts

California Latino Medical Association, Kern County Chapter

Camara de Empresarios Latinos de Houston

Central American Resource Center

Centro Cultural Cubano of San Antonio, Texas

Charros Unidos de Madera

Chicano Studies Dept., California State University, Fresno

Club Columbia USA, Inc.

Club Latinoamericano del Valle Central

Comite Patriotico Mexicano de Houston

Conference on Dominican Affairs

Council of Spanish Speaking Organizations of Philadelphia, Inc (CONCILIO)

Cuban American National Council, Inc.

Dallas Concilio of Hispanic Service Organizations

Dia de la Mujer Latina, Inc.

Frente Indigena Oaxaqueno Binacionel

Fresno County Hispanic Commission on Alcohol & Drug Abuse Services, Inc.

Guadalupe Community Center

Guadalupe Cultural Arts Center

Gulfton Area Neigborhood Organization and Central American Refugee Center

Hispanic Chamber of Commerce, Central California

Hispanic Chamber of Commerce, City of Visalia

Hispanic Chamber of Commerce, Greater Dallas

Hispanic Chamber of Commerce, Kern County

Hispanic Chamber of Commerce, Sacramento

Hispanic Chamber of Commerce, Stanislaus County

Hispanic Chamber of Commerce, State of Georgia

Hispanic Chamber of Commerce, State of North Carolina

Hispanic Chamber of Commerce, Tulare Kings

Hispanic Directors Association of New Jersey

Hispanic Federation

Hispanic National Bar Association

Hispanic Parade Committee

Hispanic Women’s Network of Texas, Dallas Chapter

Hispanics Organized for Political Education

Hispanos Pro Educacion

Latin American Community Center

Latin American Kiwanis of Mid-Hudson

Latin Business Association (LBA)

Latino Commission on AIDS

Latino Organization for Liver Awareness

League of United Latin American Citizens (LULAC)

Mexican American Business and Professional Women’s Club of San Antonio, Inc.

Mexican American Community Services Agency, Inc. (MACSA)

Mexican American Grocers Association

Mexican American Physicians Association of South Texas

Mexican Fine Arts Center Museum

Mexican Institute of Greater Houston, Inc.

Mexican-American Association of Southern New Jersey

Miami Hispanic Ballet/International Ballet Festival of Miami

Movimiento de Arte y Cultura Latino Americana (MACLA)

National Council of La Raza

National Hispanic Corporate Council

National Hispanic Employee Association

National Hispanic Foundation for the Arts

National Hispanic Media Coalition

National Hispanic Women’s Corporation

National Latino Children’s Institute

National Latino Peace Officers Association

National Puerto Rican Coalition

NOSOTROS

NY State Federation of Hispanic Chambers of Commerce

Puerto Rican Arts Alliance

Puerto Rican Professionals Association

Puerto Rico Community Foundation

Puerto Rico Lung Association

Puerto Rico Youth at Risk, Inc.

Repertorio Espanol

Save Latin America, Inc.

Spanish Coalition for Jobs, Inc.

Taller Puertorriqueno, Inc.

Teatro Avante

The Mexican Museum

Unidad Hondurena/Honduran Unity

United States Hispanic Leadership Institute (USHLI)

Universidad Nacional Autonoma de Mexico. S.A. Branch

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CONTACT:

Stephanie Pillersdorf/Brooke Morganstein

Citigate Sard Verbinnen

212-687-8080

Leading Hispanic Organizations Support Univision Communications-Hispanic Broadcasting Merger