September 27, 2003

Univision Communications Inc. issued the following statement in response to the National Hispanic Policy Institute's filing of a notice of appeal of the Federal Communications Commission's order allowing Univision's merger with Hispanic Broadcasting Corporation, which closed on September 22, 2003:

"Both the Department of Justice and the Federal Communications Commission scrutinized this pro-competitive transaction in depth and at great length, and each of those expert agencies concluded that it should be allowed to go forward. We are confident that the Court will reach the same conclusion and uphold the FCC's order.

"Given NHPI's prior scorched earth approach to those regulatory proceedings, where it had every opportunity to make its arguments, the filing of NHPI's appeal is a hardly surprising, although disappointing effort to once again rehash its tired arguments in yet another forum."

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