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PRESS RELEASE UNIVISION COMMUNICATIONS INC. Page 1 of 2 PRESS RELEASE UNIVISION COMMUNICATIONS INC. Page 1 of 2 Univision Communications Inc. Announces Asset Sale Offers Results New York, NY, September 5, 2017 - Univision Communications Inc. (“Univision” or the “Company”), the leading media company serving Hispanic America, today announced the results of its asset sale offers pursuant to the Offers to Purchase, dated August 3, 2017 (the “Asset Sale Offers”). Pursuant to the Asset Sale Offers, Univision offered to purchase for cash: (i) up to $57,287,000 aggregate principal amount of its 6¾% Senior Secured Notes due 2022 (the “2022 Notes”), (ii) up to $62,049,000 aggregate principal amount of its 5⅛% Senior Secured Notes due 2023 (the “2023 Notes”) and (iii) up to $80,664,000 aggregate principal amount of its 5⅛% Senior Secured Notes due 2025 (the “2025 Notes” and, collectively with the 2022 Notes and the 2023 Notes, the “Notes”). The Asset Sale Offers expired at 5:00 p.m., New York City time, on August 30, 2017 (the “Expiration Date”). According to information provided by Wilmington Trust, National Association, the Depositary for the Asset Sale Offers, the aggregate principal amount of each series of Notes that had been validly tendered and not validly withdrawn pursuant to the Asset Sale Offers as of the Expiration Date, is listed in the table below. Notes Aggregate Principal Amount Aggregate Principal Aggregate Principal Amount Outstanding as of launch of Asset Amount Tendered Accepted for Purchase Sale Offers 2022 Notes $1,107,900,000 $76,000 $76,000 2023 Notes $1,200,000,000 $2,190,000 $2,190,000 2025 Notes $1,560,000,000 $94,662,000 $80,615,000 Because the aggregate principal amount of 2025 Notes validly tendered and not validly withdrawn was in excess of the aggregate principal amount offered to purchase for such series, the Company accepted 2025 Notes for purchase pro rata based on a proration factor of approximately 85.25%, rounded downward to the nearest $1,000 principal amount in accordance with the terms of the Asset Sale Offers. Payment for all accepted Notes will be made at a purchase price of 100% of the principal amount thereof plus accrued and unpaid interest thereon to, but not including, the date of purchase (the “Purchase Date”). The Purchase Date for the Asset Sale Offers is today, September 5, 2017. This press release is neither an offer to purchase nor a solicitation to buy any of these Notes, nor is it a solicitation for acceptance of the Asset Sale Offers. About Univision Communications Inc. Univision Communications Inc. (UCI) is the leading media company serving Hispanic America. The Company, a leading content creator in the U.S., includes Univision Network, one of the leading networks in the U.S. regardless of language and the most-watched Spanish-language broadcast television network in the country available in approximately 91% of U.S. Hispanic television households; UniMás, a leading Spanish-language broadcast television network available in approximately 85% of U.S. Hispanic television households; Univision Cable Networks, including Galavisión, the most- watched U.S. Spanish-language entertainment cable network, as well as UDN (Univision Deportes Network), the most- PRESS RELEASE UNIVISION COMMUNICATIONS INC. Page 2 of 2 watched U.S. Spanish-language sports cable network, Univision tlnovelas, a 24-hour Spanish-language cable network dedicated to telenovelas, ForoTV, a 24-hour Spanish-language cable network dedicated to international news, and an additional suite of cable offerings - De Película, De Película Clásico, Bandamax, Ritmoson and Telehit; Univision Local Media, which owns and/or operates 59 television stations and 64 radio stations in major U.S. Hispanic markets and Puerto Rico; and Univision Now, a direct-to-consumer, on demand and live streaming subscription service. The Company also includes the Fusion Media Group (FMG), a division that serves young, diverse audiences. FMG includes two cable networks: news and lifestyle English-language network FUSION TV and UCI’s interest in El Rey Network, a general entertainment English-language cable network; Univision.com, the most-visited Spanish-language website among U.S. Hispanics; Uforia, a music application featuring multimedia music content; as well as a collection of leading digital brands that span a range of categories: technology (Gizmodo), sports (Deadspin), music (TrackRecord), lifestyle (Lifehacker), modern women’s interests (Jezebel), news and politics (Splinter), African American news and culture (The Root), gaming (Kotaku), and car culture (Jalopnik). FMG also includes the Company’s interest in comedy and news satire brands The Onion, Clickhole and The A.V. Club. Headquartered in New York City, UCI has content creation facilities and sales offices in major cities throughout the United States. For more information, please visit corporate.univision.com. Investor Contacts: Media Contact: Rainey Mancini 646-560-4973 Bobby Amirshahi 646-560-4902 Adam Shippee 646-560-4992 .
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