September 20, 2008

Grupo Televisa, S.A.B. and Telemundo Communications Group Inc. announced that a subsidiary of Televisa and Telemundo have entered into license agreements to distribute Telemundo's original content through digital and wireless platforms in Mexico.

The agreements complement and are part of the strategic alliance announced last March to distribute Telemundo's original content in Mexico across multiple platforms, including, broadcast TV, PayTV and emerging digital platforms. As part of the agreements, Televisa will make Telemundo's original content, including its highly popular telenovelas currently broadcast on Televisa's Channel 9, available on all of Televisa's digital platforms including:

· www.esmas.com.mx, the leading entertainment portal in Mexico with 300 million page views and 41 million visits in August 2008 according to Google Analytics;

· www.esmastv.com.mx, Televisa's online subscription-based streaming video service;

· www.tvolucion.com, Televisa's newly launched video-on-demand website and;

· Televisa will also offer images, ring tones and text messaging services based on Telemundo's content to mobile phone users in Mexico through Esmas Movil, the leading cell phone content provider in Mexico.

Alfonso de Angoitia, Executive Vice President, Grupo Televisa, said, "This strategic agreement enhances Televisa's digital media offerings by enabling audiences and advertisers in Mexico to further benefit from Telemundo's content across Televisa's broad spectrum of digital platforms."

Don Browne, President, Telemundo Communication Group, said, "This is another great step forward in our relationship with Grupo Televisa. Televisa is a world class company with a great brand. Joining our expertise and strengths will bring dynamic and quality programming to a significantly greater consumer base in Mexico."

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