Juan Villalonga Joins Univision Board.

Univision Communications Inc. announced that Juan Villalonga has been elected to the Company’s Board of Directors, effective immediately. With the addition of Villalonga, Univision’s Board of Directors will increase to eight members.

“Juan is a seasoned global strategist with an exemplary track record of building successful businesses and is a tremendous addition to our Board of Directors,” said A. Jerrold Perenchio, Chairman and Chief Executive Officer of Univision. “He has also been a visionary for the advancement of Hispanic communities. Through his leadership of the Spanish Internet portal Terra Lycos, and his broad business experience, he will serve as an excellent base as we continue to grow the Company. We are delighted that he has agreed to join our Board and look forward to his counsel and guidance in the years ahead.”

“I am pleased to have the opportunity to be part of a Company with such an unparalleled reputation in the media industry,” said Villalonga. “I have long been an admirer of Univision and its management team, and I look forward to contributing to the future growth of the Network, Station Group, Galavision and Univision Online.”

Most recently, Villalonga, 47, served as Chairman and Chief Executive Officer of Telefonica Group. During his four-year tenure at Telefonica, from 1996 to 2000, Villalonga was instrumental in the Company’s transformation into one of Europe’s four largest telecommunications companies, as well as the leading telecommunications company in Latin America. While at Telefonica, Villalonga also created the Internet portal Terra Networks, and lead its $12.5 billion acquisition of U.S. portal Lycos. Previously, he headed the activities of Bankers Trust Company in Spain and Portugal, where he was responsible for its European investments in various companies. Prior to Bankers Trust, Villalonga was Chief Executive Officer of Credit Suisse First Boston in Spain. Before working at Credit Suisse First Boston, he was a Partner at the international consulting firm, McKinsey & Co., where he worked for nine years throughout the United States, Portugal, Spain and Italy, where he headed the company’s Rome office.