GRUPO TELEVISA ANNOUNCES THE PREPAYMENT OF OUTSTANDING
CABLEVISION LOAN
Mexico City, March 9, 2011 - Grupo Televisa, S.A.B. ("Televisa"; NYSE:TV; BMV:TLEVISA CPO) announced today that its subsidiary Empresas Cablevisión, S.A.B. de C.V. ("Cablevisión"; BMV:CABLE CPO), fully prepaid yesterday the outstanding balance of a loan granted by J.P. Morgan Chase Bank, N.A. in the amount of US$225 million on December 19, 2007.
Grupo Televisa, S.A.B., is the largest media company in the Spanish-speaking world based on its market capitalization 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 distribution, radio production and broadcasting, professional sports and live entertainment, feature-film production and distribution, the operation of a horizontal internet portal, and gaming. Grupo Televisa also owns an unconsolidated equity stake in La Sexta, a free-to-air television venture in Spain.
This press release contains forward-looking statements regarding Grupo Televisa's results and prospects. Actual results could differ materially from these statements. The forward-looking statements in this press release should be read in conjunction with the factors described in "Item 3. Key Information – Forward- Looking Statements" in Televisa's annual report on Form 20-F, which, among others, could cause actual results to differ materially from those contained in forward-looking statements made in this press release and in oral statements made by authorized officers of Televisa. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Neither Grupo Televisa S.A.B. nor Empresas Cablevisión S.A.B. de C.V. undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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