UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2003
GRUPO TELEVISA, S.A.
-------------------------------------------
(Translation of registrant's name into English)
Av. Vasco de Quiroga No. 2000, Colonia Sante Fe 01210 Mexico, D.F.
----------------------------------------------------------------------------
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
------ ------
(Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
Yes No X
------ ------
(If "Yes" is marked indicate below the file number assigned to
the registrant in connection with Rule 12g-3-2(b): 82 .)
------------------------------------------------------------------------------
[COMPANY LOGO] PRESS RELEASE
FOR IMMEDIATE RELEASE
GRUPO TELEVISA ELECTS BOARD OF DIRECTORS, APPROVES THE PAYMENT OF A DIVIDEND
AND ADOPTS BY-LAW AMENDMENTS
Mexico City, April 30, 2003-- Grupo Televisa, S.A. (NYSE:TV; BMV: TLEVISA
CPO) today announced that its shareholders elected the Company's Board of
Directors, Executive Committee and Audit Committee at today's annual
shareholders meeting, as follows:
Directors
Emilio Azcarraga Jean Chairman of the Board, President and
Chief Executive Officer and President of
the Executive Committee
Ma. Asuncion Aramburuzabala Larregui Vice Chairwoman of the Board and Member
of the Executive Committee of Grupo
Modelo
In alphabetical order:
Pedro Aspe Armella Chairman of the Board and Chief
Executive Officer of of Protego Asesores
Financieros
Julio Barba Hurtado Director of Grupo Televicentro and Legal
Advisor to the President
Jose Antonio Baston Patino Corporate Vice President of Television
Ana Patricia Botin O'Shea Private Investor
Manuel Jorge Cutillas Covani Director of Bacardi Limited
Alfonso de Angoitia Noriega Executive Vice President and Chief
Financial Officer
Carlos Fernandez Gonzalez Chief Executive Officer and Vice
President of the Board of Grupo Modelo
Bernardo Gomez Martinez Deputy to the President
Claudio X. Gonzalez Laporte Chairman of the Board and Chief
Executive Officer of Kimberly-Clark de
Mexico, S.A. de C.V.
Roberto Hernandez Ramirez Chairman of the Board of Banco Nacional
de Mexico
Enrique Krauze Kleinbort Chief Executive Officer of Editorial Clio
German Larrea Mota Velasco Chairman of the Board and Chief
Executive Officer of Grupo Mexico
Gilberto Perezalonso Cifuentes Private Advisor and President of the
Audit Committee
Alejandro Quintero Iniguez Corporate Vice President of Sales and
Marketing
Fernando Senderos Mestre Chairman of the Board and Chief
Executive Officer of Grupo Desc
Enrique F. Senior Hernandez Executive Vice President and Managing
Director of Allen & Company Inc.
Lorenzo H. Zambrano Trevino Chairman of the Board and Chief
Executive Officer of Cemex
Members of the Executive Committee
Emilio Azcarraga Jean Chairman of the Board, President and
Chief Executive Officer and President of
the Executive Committee
In alphabetical order:
Juan Pablo Andrade Frich Asset Manager of Tresalia Capital, S.A.
de C.V.
Alfonso de Angoitia Noriega Executive Vice President and Chief
Financial Officer
Ma. Asuncion Aramburuzabala Larregui Vice Chairwoman of the Board and Member
of the Executive Committee of Grupo
Modelo
Julio Barba Hurtado Director of Grupo Televicentro and Legal
Advisor to the President
Jose Antonio Baston Patino Corporate Vice President of Television
Bernardo Gomez Martinez Deputy to the President
Alejandro Quintero Iniguez Corporate Vice President of Sales and
Marketing
Members of the Audit Committee
Gilberto Perezalonso Cifuentes Private Advisor and President of the
Audit Committee
In alphabetical order:
Juan Pablo Andrade Frich Asset Manager of Tresalia Capital, S.A.
de C.V.
Juan Fernando Calvillo Armendariz Vice President of Internal Auditing
Francisco Chevez Robelo Retired Partner of Chevez, Ruiz,
Zamarripa y Cia, S.C.
Alberto Montiel Castellanos Director of Montiel Font y Asociados,
S.C.
Jorge Lutteroth Echegoyen Controller and Vice President of Grupo
Televisa
The shareholders meeting approved, among other things, the 2002 financial
results and the payment of a dividend in the amount of Ps.550 million
pesos, or the equivalent of 0.18936541 pesos per CPO, which includes
dividends corresponding to the Series A and L shares and the cumulative
preferred dividend corresponding to Series D shares.
Grupo Televisa S.A., is the largest media company in the Spanish-speaking
world, and a major player in the international entertainment business. It
has interests in television production and broadcasting, programming for
pay television, international distribution of television programming,
direct-to-home satellite services, publishing and publishing distribution,
cable television, radio production and broadcasting, professional sports
and show business promotions, paging services, feature film production and
distribution, dubbing, and the operation of a horizontal Internet portal.
Grupo Televisa also has an unconsolidated equity stake in Univision, the
leading Spanish-language television company in the United States.
###
Contacts:
In Mexico: In U.S. & Europe:
Michel Boyance / Alejandro Eguiluz Adam Miller / Robert Malin
Grupo Televisa, S.A. The Abernathy MacGregor Group
Av. Vasco de Quiroga No. 2000 501 Madison Avenue
Colonia Santa Fe New York, NY 10022
01210 Mexico, D.F. (212) 371-5999
(5255) 5261-2000
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
GRUPO TELEVISA, S.A.
--------------------------------
(Registrant)
Dated: May 1, 2003 By /s/ Jorge Lutteroth Echegoyen
------------------------------
Name: Jorge Lutteroth Echegoyen
Title: Controller, Vice-President