Business Editors

LOS ANGELES--(BUSINESS WIRE)--Dec. 19, 2003--Univision Communications Inc. (NYSE: UVN), the nation's leading Spanish-language media company, today announced that Andrew Hobson, Executive Vice President, and Ronald Furman, Executive Vice President Television Network Sales, will present at the Fourteenth Annual Smith Barney Citigroup Entertainment, Media and Telecommunications Conference being held January 4-7, 2004 at the Arizona Biltmore Resort and Spa in Phoenix, Arizona. Mr. Hobson and Mr. Furman are scheduled to present on Tuesday, January 6, 2004 at 3:00 p.m. Local Time. A live and archived audio webcast of the presentation will be available at http://www.veracast.com/webcasts/sbcitigroup/emt-2004/09208489.cfm for 30 days.

Univision Communications Inc. is the premier Spanish-language media company in the United States. Its operations include Univision Network, the most-watched Spanish-language broadcast television network in the U.S. reaching 97% of U.S. Hispanic Households; TeleFutura Network, a new general-interest Spanish-language broadcast television network reaching 78% of U.S. Hispanic Households; Univision Television Group, which owns and operates 23 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 30 TeleFutura Network television stations; Galavision, the country's leading Spanish-language cable network; Univision Radio, the leading Spanish-language radio group which owns and/or operates 66 radio stations in 17 of the top 25 U.S. Hispanic markets and 4 stations in Puerto Rico; Univision Music Group, which includes Univision Records, Fonovisa Records, and a 50% interest in Mexico-based Disa Records labels as well as Fonomusic and America Musical Publishing companies; and Univision Online, the premier Spanish-language Internet destination in the U.S. located at www.univision.com. Univision Communications is headquartered in Los Angeles with television network operations in Miami and television and radio stations and sales offices in major cities throughout the United States.

    CONTACT: Univision Communications Inc.
             Diana Vesga,