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Univision.com Launches Improved Services to Help Increase Hispanic Home Ownership

LOS ANGELES--(BUSINESS WIRE)--June 21, 2004--Univision Online Inc., the Internet division of Univision Communications Inc. (NYSE:UVN) which operates the leading Spanish-language website in the United States, Univision.com (www.univision.com), today announced that it is taking an even greater role in helping U.S. Hispanics achieve the lifelong dream of home ownership by launching expanded services and a new design for its "Casa" (Home) channel. Working with industry leaders such as Fannie Mae, CENTURY 21 Real Estate Corporation and Countrywide, Univision.com is bringing the Hispanic community an unprecedented suite of high quality Spanish-language resources including comprehensive guides and interactive tools covering the stages of the home buying process, searchable real estate listings, financial calculators, and the ability to start loan applications online. Never before has such a wide array of home buying information and services been available in the Spanish language.
"Homeownership is one of the fastest growing and most important empowerment topics in the Hispanic community," said Javier Saralegui, President, Univision Online. "As Univision.com pursues its mission of using technology to improve the lives of Hispanics, it is our responsibility to build on Casa's momentum and to continue to make it the leading Spanish-language meeting place for service providers and Hispanic housing consumers."

Bill Consolidation Loan Univision.com's expanded resources come at a time when Hispanic home ownership is rising dramatically. Spanish-speakers are a strategic segment of potential homeowners because they have been largely underserved by traditional real estate and financial service companies and may benefit by building relationships with trusted brands.

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Bad Credit Debt Consolidation By launching such a comprehensive suite of online resources, Univision.com, Countrywide, and CENTURY 21 are making great strides in demystifying the home buying process for Spanish-speaking Hispanics. Their efforts are supported by an extensive cross-promotional media campaign on Univision.com and other Univision properties.

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Debt Consolidation Mortgage "We are pleased to have recently renewed our relationship with Univision.com," said Bruce Cornelius, SVP, Internet Development System, Countrywide Home Loans, Inc. "Being part of Casa is an effective way for Countrywide to gain qualified leads among hard to reach Hispanics."

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Government Student Loan 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 98% of U.S. Hispanic Households; TeleFutura Network, a general-interest Spanish-language broadcast television network, which was launched in 2002 and now reaches 79% of U.S. Hispanic Households; Univision Television Group, which owns and operates 24 Univision Network television stations and 1 non-Univision television station; TeleFutura Television Group, which owns and operates 31 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 68 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 also has a 50% interest in TuTv, a joint venture formed to broadcast Televisa's pay television channels in the U.S., and a non-voting 27% interest in Entravision Communications Corporation, a public Spanish-language media company. 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.

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