Azteca Announces Sales of Ps.2,820 Million and EBITDA Of Ps.847 Million for the Second Quarter of 2013

Azteca Announces Sales of Ps.2,820 Million and EBITDA Of Ps.847 Million for
the Second Quarter of 2013

Solid Progress in the Construction of the Largest Fiber Optic Network in Latin
America

MEXICO CITY, July 18, 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 second quarter and first half of 2013.

Second quarter results

Net sales for the quarter were Ps.2,820 million, from Ps. 2,994 million for
the same quarter of 2012. The decrease in sales continues to be caused largely
by the change in government that redefines communication projects; the company
expects such projects to recover during the second half of 2013.

Total costs and expenses were Ps.1,973 million, 3% below Ps.2,028 million the
same period of the previous year. As a result, Azteca reported EBITDA of
Ps.847 million, compared to Ps.966 million from last year; EBITDA margin for
the quarter was 30%.

The company registered a net loss of Ps.85 million, compared to net income of
Ps.40 million for the same quarter of 2012.


                     2Q 2012        2Q 2013         Change
                                                  Ps.             %
                                                                 
Net sales             $ 2,994        $ 2,820         $(174)        -6%
                                                                 
EBITDA                $ 966          $ 847           $(119)        -12%
                                                                 
Net result            $ 40           $(85)         $(125)        ---
                                                                 
Net result per CPO    $ 0.01         $(0.03)       $(0.04)       ---

Figures in millions of pesos.
EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization.
The number of CPOs outstanding as of June 30, 2012 was 2,985 million and as of
June 30, 2013 was 2,984 million.

Net sales

Domestic ad sales were Ps.2,601 million in the period, compared to Ps.2,706
million for the same period of the previous year.

Additionally, the company registered sales from Azteca America—the company's
wholly-owned broadcast television network focused on the U.S. Hispanic
market—of Ps.173 million, compared to Ps.229 million a year ago.

Content sales to other countries were Ps.46 million in the period, from Ps.59
million in the previous year; revenue for the quarter resulted from the
exports of programs such as Vivir a Destiempo in Central and South America,
Destino in Europe and Asia, and La Otra Cara del Alma in Europe, Asia and
Central America.

Costs and expenses

Costs and expenses decreased 3% during the period, as a result of a 3%
reduction in production, programming and transmission costs—to Ps.1,599
million from Ps.1,650 million in the same period a year ago—and a 1% decrease
in selling and administrative expenses—to Ps.374 million, compared to Ps.379
million in the same quarter of 2012.

The reduction in costs results from growing 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 lesser operations and travelling expenses in the period.

EBITDA and net result

EBITDA was Ps.847 million, compared to Ps.966 million in the same period of
last year; the most significant change below EBITDA was a Ps.44 million
improvement in the comprehensive financing result, derived from a reduction in
other financing expenses.

Net loss for the quarter was Ps.85 million, from a net income of Ps.40 million
last year.

Debt

As of June 30, 2013, Azteca´s outstanding debt—excluding Ps.1,560 million debt
due in 2069—was Ps.8,781 million, 9% below the Ps.9,621 million from the
previous year.

The cash balance of the company was Ps.6,877 million, compared to Ps.7,764
million a year ago. As a result, net debt was Ps.1,904 million, from Ps.1,857
million from the prior year.Debt to last twelve months (LTM) EBITDA ratio was
2.1 times, and net debt to LTM EBITDA was 0.5 times.

Fiber optic network

At the end of the quarter, Azteca installed 12,000 kilometers of fiber optic
cable in Colombia, as part of a telecommunications project that will include a
19,000 kilometer network. Current coverage includes 452 municipalities, with
the final goal of 753 where the network will be deployed.

As previously announced, Azteca is building in Colombia the largest fiber
optic network in Latin America. The network represents a significant increase
in the telecommunications service infrastructure; according to estimates by
the Colombian government, the number of municipalities covered with fiber
optic will increase from 27% to 96%, which facilitates the development of
Colombia.

The commercialization of telecommunications services will diversify and
strengthen Azteca revenue sources, adding to existing solid results in the
media business. The Colombian government is contributing about US$235 million
for the network construction.

Six months results

Net sales in the semester were Ps.5,236 million, compared to the Ps.5,745
million of the previous year. Total costs and expenses were Ps.3,776 million,
4% below the Ps.3,929 million for the same period of 2012, derived mainly from
strict budgeting and effective control in disbursements for content
production.

Azteca reported EBITDA of Ps.1,460 million, compared to Ps.1,816 million from
the prior year; EBITDA margin was 28% for the period. The company recorded net
income of Ps.67 million, compared to Ps.478 million for the same period of
2012.


                     6M 2012        6M 2013        Change
                                                 Ps.             %
                                                                
Net sales             $5,745       $5,236       $(508)        -9%
                                                                
EBITDA                $1,816       $1,460       $(356)        -20%
                                                                
Net income            $478         $67          $(411)        -86%
                                                                
Net income per CPO    $0.16        $0.02        $(0.14)       -86%

Figures in millions of pesos.
EBITDA: Operating Profit Before Depreciation and Amortization.
The number of CPOs outstanding as of June 30, 2012 was 2,985 million and as of
June 30, 2013 was 2,984 million.

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 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 June 31 of2012 and2013 )
                                                                   
                                                                   
                             Second Quarterof :                      
                             2012           2013                     
                                                         Change
                                                                   
Net revenue                   Ps 2,994 100% Ps 2,820 100% Ps (174) -6%
                                                                   
Programming, production and   1,650     55%  1,599     57%  (50)      -3%
transmission costs
Selling and administrative    379       13%  374       13%  (5)       -1%
expenses
Total costs and expenses      2,028     68%  1,973     70%  (55)      -3%
                                                                   
EBITDA                        966       32%  847       30%  (119)     -12%
                                                                   
Depreciation and amortization 140           144           3         
Other expense -Net            94            150           56        
                                                                   
Operating profit              732       24%  553       20%  (179)     -24%
                                                                   
Equity in income from         (13)          1             14        
affiliates
                                                                   
Comprehensive financing                                             
result:
Interest expense              (245)         (224)         21        
Other financing expense       (109)         (49)          61        
Interest income               66            45            (21)      
Exchange loss-Net            (210)         (227)         (18)      
                             (499)         (455)         44        
                                                                   
Income before the following   221       7%   99        4%   (121)     -55%
provision
                                                                   
Provision for income tax      (184)         (188)         (4)       
                                                                   
Net income                    Ps 37        Ps (89)      Ps (125) 
                                                                   
Non-controlling share in net  Ps (4)       Ps (4)       Ps 0     
profit
                                                                   
Controlling share in net      Ps 40    1%   Ps (85)  -3%  Ps (125) -311%
profit


TV AZTECA, S.A.B. DE C.V.ANDSUBSIDIARIES
CONSOLIDATED RESULTS OF OPERATIONS
(Millions of Mexican pesos of June 31 of2012 and2013 )
                                                                    
                                                                    
                                 Period ended June 30,                 
                                 2012          2013                   
                                                           Change
                                                                    
Net revenue                       Ps 5,745 100% Ps 5,236 100% Ps (508) -9%
                                                                    
Programming, production and       3,205    56%  3,022    58%  (183)    -6%
transmission costs
Selling and administrative        724      13%  754      14%  30       4%
expenses
Total costs and expenses          3,929    68%  3,776    72%  (153)    -4%
                                                                    
EBITDA                            1,816    32%  1,460    28%  (356)    -20%
                                                                    
Depreciation and amortization     270          292          23       
Other expense -Net                152          209          57       
                                                                    
Operating profit                  1,395    24%  959      18%  (436)    -31%
                                                                    
Equity in income from affiliates  1            (9)          (9)      
                                                                    
Comprehensive financing result:                                      
Interest expense                  (489)        (464)        24       
Other financing expense           (122)        (60)         62       
Interest income                   120          87           (33)     
Exchange loss-Net                (9)          (20)         (12)     
                                 (500)        (459)        41       
                                                                    
Income before the following       895      16%  491      9%   (404)    -45%
provision
                                                                    
Provision for income tax          (425)        (432)        (7)      
                                                                    
Net income                        Ps 471       Ps 59        Ps (411) 
                                                                    
Non-controlling share in net      Ps (7)       Ps (7)       Ps (0)   
profit
                                                                    
Controlling share in net profit  Ps 478   8%   Ps 67    1%   Ps (411) -86%


TV AZTECA, S.A.B.DE C.V. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Millions of Mexican pesos of June30 of 2012 and 2013)
                                                                 
                                                                 
                                     At June 30                    
                                     2012       2013               
                                                        Change
Current assets:                                                   
Cash and cash equivalents             Ps 7,764  Ps 6,877 Ps (887) 
Accounts receivable                   7,270     6,347    (923)    
Other current assets                  2,381     2,660    279      
                                                                 
Total current assets                  17,415    15,884   (1,531)  -9%
                                                                 
Exhibition rights                     1,367     1,792    425      
Property, plant and equipment-Net     3,480     3,411    (69)     
Television concessions-Net            7,721     7,721    --      
Other assets                          1,280     1,885    605      
Deferred income tax asset             4,286     4,672    386      
Total long term assets                18,134    19,481   1,347    7%
                                                                 
Total assets                          Ps 35,549 Ps 35,365 Ps(184)  -1%
                                                                 
                                                                 
Current liabilities:                                              
Short-term debt                       Ps 667    Ps667    Ps --     
Other current liabilities             2,672     2,639    (33)     
                                                                 
Total current liabilities             3,339     3,306    (33)     -1%
                                                                 
Long-term debt:                                                   
Structured Securities Certificates    4,944     4,278    (666)    
Long-term debt                        4,010     3,836    (174)    
Total long-term debt                  8,954     8,114    (840)    
Other long term liabilities:                                      
Advertising advances                  7,664     6,951    (713)    
American Tower Corporation (due 2069) 1,635     1,560    (75)     
Deferred income tax asset             3,106     3,463    357      
                                                                 
Total other long-term liabilities     12,405    11,974   (431)    -3%
                                                                 
Total liabilities                     24,698    23,394   (1,304)  -5%
                                                                 
Total stockholders' equity            10,851    11,971   1,120    10%
                                                                 
Total liabilities and equity          Ps 35,549 Ps35,365 Ps (184) -1%

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
 
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