Azteca Announces Sales of Ps.2,417 Million and EBITDA of Ps.614 Million for the First Quarter of 2013

Azteca Announces Sales of Ps.2,417 Million and EBITDA of Ps.614 Million for
the First Quarter of 2013

MEXICO CITY, April 23, 2013 (GLOBE NEWSWIRE) -- TV Azteca, S.A.B. de C.V.
(BMV:AZTECA) (Latibex:XTZA), one of the two largest producers of
Spanish-language television programming in the world, announced today
financial results for the first quarter of 2013.

First quarter results

Net sales for the quarter were Ps.2,417 million, from Ps.2,751 million for the
same quarter of 2012. The decrease in sales was caused mainly by the change in
administrations of the Mexican government, which tends to redefine marketing
projects; the company expects advertising investment levels to recover during
2013.

Total costs and expenses were Ps.1,803 million, 5% below Ps.1,901 million in
the same period of the previous year. As a result, Azteca reported EBITDA of
Ps.614 million, compared to Ps.850 million from last year. The EBITDA margin
was 25%.

The company registered net income of Ps.152 million, from Ps.438 million for
the same quarter of 2012.


                      1Q 2012        1Q 2013        Change
                                                  Ps.             %
                                                                 
Net sales              $2,751       $2,417       $(334)        -12%
                                                                 
EBITDA                 $850         $614         $(237)        -28%
                                                                 
Net income             $438         $152         $(286)        -65%
                                                                 
Net income per CPO     $0.15        $0.05        $(0.10)       -65%

Figures in millions of pesos.
EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization.
The number of CPOs outstanding as of March 31, 2012 was 2,983 million and as
of March 31, 2013 was 2,984 million.

Net sales

Domestic ad sales were Ps.2,135 million in the period, compared to Ps.2,463
million for the same period of the previous year. Sales were complemented by
revenue from Azteca America—the company's wholly-owned broadcast television
network focused on the U.S. Hispanic market—of Ps.250 million, compared to
Ps.251 million a year ago.

Programming sales to other countries were Ps.32 million in the period, from
Ps.37 million from the previous year. The revenue resulted from the export of
programs such as La Otra Cara del Alma, in Central and South America, and Los
Rey in Europe.

Costs and expenses

Costs and expenses decreased 5% during the period, as the result of a 9%
reduction in production, programming and transmission costs—to Ps.1,423
million, from Ps.1,555 million in the same period a year ago— and a 10%
increase in selling and administrative expenses—to Ps.380 million, compared to
Ps.345 million in the same quarter of 2012.

The reduction in costs results from higher efficiency in the production of
successful content, derived from solid strategies that control disbursements
effectively; while the performance of sales and administrative expenses is
mainly related to operations and personnel expenses in the period.

EBITDA and net income

EBITDA was Ps.614 million, compared to Ps.850 million in the same period of
last year. The most significant change below EBITDA was a Ps.23 million
deterioration in equity in income from affiliates, resulting from losses from
which we recognize results under the participation method, compared to profit
from last year.

Net income for the quarter was Ps.152 million, from Ps.438 million last year.

Debt

As of March 31, 2013, Azteca's outstanding debt—excluding Ps.1,480 million
debt due in 2069—was Ps.8,658 million, 9% below the Ps.9,466 million from the
previous year.

The cash balance of the company was Ps.7,264 million, compared to Ps.8,239
million a year ago. As a result, net debt was Ps.1,394 million, from Ps.1,227
million from the prior year.Debt to last twelve months (LTM) EBITDA ratio was
2 times, and net debt to LTM EBITDA was 0.3 times.

Company Profile

Azteca is one of the two largest producers of Spanish-language television
programming in the world, operating two national television networks in
Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated
stations across the country.Azteca affiliates include Azteca America Network,
a broadcast television network focused on the rapidly growing U.S. Hispanic
market, and Azteca Web, an Internet company for North American Spanish
speakers.

Azteca is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic,
fast-growing, and technologically advanced companies focused on creating
shareholder value, contributing to build the middle class of the countries in
which they operate, and improving society through excellence.Created by
Mexican entrepreneur Ricardo B. Salinas (www.ricardosalinas.com), Grupo
Salinas operates a as a management development and decision forum for the top
leaders of member companies. The companies include: Azteca
(www.irtvazteca.com), Azteca America (www.aztecaamerica.com), Grupo Elektra
(www.grupoelektra.com.mx), Banco Azteca (www.bancoazteca.com.mx), Advance
America (www.advanceamerica.net), Afore Azteca (www.aforeazteca.com.mx),
Seguros Azteca (www.segurosazteca.com.mx) and Grupo Iusacell
(www.iusacell.com).Each of the Grupo Salinas companies operates
independently, with its own management, board of directors and
shareholders.Grupo Salinas has no equity holdings.However, member companies
share a common vision, values and strategies for achieving rapid growth,
superior results and world-class performance.

Except for historical information, the matters discussed in this press release
are forward-looking statements and are subject to certain risks and
uncertainties that could cause actual results to differ materially from those
projected.Other risks that may affect Azteca and its subsidiaries are
identified in documents sent to securities authorities.

TV AZTECA, S.A.B. DE C.V.ANDSUBSIDIARIES
CONSOLIDATED RESULTS OF OPERATIONS
(Millions of Mexican pesos of March 31 of2012 and2013)
                                                                    
                                                                    
                               First Quarterof :                      
                               2012          2013                     
                                                          Change
                                                                    
Net revenue                     Ps 2,751 100% Ps 2,417 100% Ps (334) -12%
                                                                    
Programming, production and     1,555    57%  1,423     59%  (132)     -9%
transmission costs
Selling and administrative      345      13%  380       16%  35        10%
expenses
Total costs and expenses        1,901    69%  1,803     75%  (98)      -5%
                                                                    
EBITDA                          850      31%  614       25%  (237)     -28%
                                                                    
Depreciation and amortization   129          149           19        
Other expense -Net              58           59            1         
                                                                    
Operating profit                663      24%  406       17%  (257)     -39%
                                                                    
Equity in income from           13           (10)          (23)      
affiliates
                                                                    
Comprehensive financing result:                                      
Interest expense                (244)        (240)         3         
Other financing expense         (13)         (12)          1         
Interest income                 54           41            (13)      
Exchange loss-Net              201          207           6         
                               (1)          (4)           (2)       
                                                                    
Income before the following     675      25%  392       16%  (283)     -42%
provision
                                                                    
Provision for income tax        (241)        (244)         (4)       
                                                                    
Net income                      Ps 434      Ps 148       Ps (286) 
                                                                    
Non-controlling share in net    Ps (3)      Ps (4)       Ps (0)   
profit
                                                                    
Controlling share in net        Ps 438  16%  Ps 152   6%   Ps (286) -65%
profit


TV AZTECA, S.A.B.DE C.V. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Millions of Mexican pesos of March31 of 2012 and 2013)
                                                                      
                                                                      
                                    At March 31                         
                                    2012        2013                    
                                                          Change
Current assets:                                                        
Cash and cash equivalents            Ps 8,239  Ps 7,264  Ps (975)   
Accounts receivable                  8,548      7,114      (1,434)     
Other current assets                 2,280      2,409      129         
                                                                      
Total current assets                 19,067     16,787     (2,280)     -12%
                                                                      
Exhibition rights                    1,274      1,589      315         
Property, plant and equipment-Net    3,343      3,451      108         
Television concessions-Net           7,721      7,721      --         
Other assets                         1,054      1,585      531         
Deferred income tax asset            4,286      4,286      --         
Total long term assets               17,678     18,632     954         5%
                                                                      
Total assets                         Ps 36,745 Ps 35,419 Ps (1,326) -4%
                                                                      
                                                                      
Current liabilities:                                                   
Short-term debt                      Ps 667    Ps 667    Ps --     
Other current liabilities            2,180      2,435      255         
                                                                      
Total current liabilities            2,847      3,102      255         9%
                                                                      
Long-term debt:                                                        
Structured Securities Certificates   5,020      4,358      (662)       
Long-term debt                       3,779      3,633      (146)       
Total long-term debt                 8,799      7,991      (808)       
Other long term liabilities:                                           
Advertising advances                 9,350      7,851      (1,499)     
American Tower Corporation (due      1,539      1,480      (59)        
2069)
Deferred income tax asset            3,106      3,112      6           
                                                                      
Total other long-term liabilities    13,995    12,443    (1,552)    -11%
                                                                      
Total liabilities                    25,641     23,536     (2,105)     -8%
                                                                      
Total stockholders' equity           11,104     11,883     779         7%
                                                                      
Total liabilities and equity         Ps 36,745 Ps 35,419 Ps (1,326) -4%

CONTACT: Investor Relations:
         Bruno Rangel
         + 52 (55) 1720 9167
         jrangelk@tvazteca.com.mx
        
         Carlos Casillas
         +52 (55) 17 20 91 67
         cjcasillas@tvazteca.com.mx
        
         Press Relations:
         Jaime Ramos
         +52 (55) 17 20 14 16
         jramosr@tvazteca.com.mx
        
         Daniel McCosh
         +52 (55) 17 20 00 59
         dmccosh@tvazteca.com.mx