<SEC-DOCUMENT>0000895345-23-000421.txt : 20230727
<SEC-HEADER>0000895345-23-000421.hdr.sgml : 20230727
<ACCEPTANCE-DATETIME>20230726214008
ACCESSION NUMBER:		0000895345-23-000421
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230725
FILED AS OF DATE:		20230727
DATE AS OF CHANGE:		20230726

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRUPO TELEVISA, S.A.B.
		CENTRAL INDEX KEY:			0000912892
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEVISION BROADCASTING STATIONS [4833]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12610
		FILM NUMBER:		231115088

	BUSINESS ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210
		BUSINESS PHONE:		(5255) 52612000

	MAIL ADDRESS:	
		STREET 1:		AV VASCO DE QUIROGA 2000
		STREET 2:		COLONIA SANTA FE
		CITY:			MEXICO, D.F.
		STATE:			O5
		ZIP:			01210

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A
		DATE OF NAME CHANGE:	19931202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRUPO TELEVISA S A DE CV
		DATE OF NAME CHANGE:	19931001
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ff2321473_6k-grupo.htm
<TEXT>
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         Document created using Broadridge PROfile 23.5.1.5152
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    <div style="text-align: center; margin-top: 4pt; font-family: 'Times New Roman',Times,serif; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"> </div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-size: 18pt; font-weight: bold;">FORM 6-K</div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-size: 18pt; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"> </div>
    <div style="text-align: center; margin-top: 12pt; font-size: 12pt; font-weight: bold;">
      <div style="margin-bottom: 2pt;">&#160;</div>
      REPORT OF FOREIGN ISSUER</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">PURSUANT TO RULES 13a-16 OR 15d-16</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-weight: bold;">For the month of July, 2023</div>
    <div style="text-align: center; margin-top: 12pt; margin-bottom: 10pt; font-weight: bold;">Commission File Number: 001-12610</div>
    <div>
      <div style="text-align: center; margin-bottom: 2pt; font-size: 12pt;">&#160;</div>
      <div>
        <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
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    <div style="text-align: center; margin-top: 12pt; font-size: 24pt; font-weight: bold;">GRUPO TELEVISA, S.A.B.</div>
    <div style="text-align: center; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
    <div>
      <div style="text-align: center; margin-bottom: 2pt; font-size: 12pt;">&#160;</div>
      <div>
        <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
    </div>
    <div style="text-align: center; margin-top: 12pt; font-weight: bold;">Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico City, Mexico</div>
    <div style="text-align: center; font-weight: bold;">(Address of principal executive offices)</div>
    <div>
      <div style="text-align: center; margin-bottom: 2pt; font-size: 12pt;">&#160;</div>
    </div>
    <div style="margin-top: 12pt; text-align: center;">(Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.)</div>
    <div style="text-align: center; margin-top: 12pt;">Form 20-F &#9746; Form 40-F&#160; &#9744;</div>
    <div style="text-align: center; margin-top: 12pt;"> <br>
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    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="margin-top: 12pt;">
      <div>
        <div style="text-align: justify; text-indent: 36pt;">On July 26, 2023, Grupo Televisa, S.A.B. (&#8220;Televisa&#8221;) issued a press release announcing that it had commenced tender offers to purchase for cash (the &#8220;Tender Offers&#8221;)&#160; (i) any and all of its
          outstanding 4.625% Senior Notes due 2026 (the &#8220;Any and All Notes&#8221;, and, in reference to the offer to purchase the Any and All Notes, the &#8220;Any and All Tender Offer&#8221;) and (ii) its outstanding 5.000% Senior Notes due 2045, 5.250% Senior Notes due
          2049, 6.625% Senior Notes due 2025 and 6.125% Senior Notes due 2046 (collectively, the &#8220;Waterfall Notes&#8221;), for an aggregate principal amount not to exceed US$300,000,000 less the aggregate principal amount of Any and All Notes validly tendered
          and accepted for purchase pursuant to the Any and All Tender Offer. The Tender Offers are being made exclusively pursuant to an offer to purchase dated July 26, 2023, and in the case of the Any and All Notes, the related notice of guaranteed
          delivery, which set forth the terms and conditions of the Tender Offers.</div>
      </div>
      <div>
        <div><br>
        </div>
        <div style="text-indent: 36pt;">A copy of the press release is attached hereto as Exhibit 99.1.</div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt;">The information contained in this Form 6-K shall not constitute an offer to sell, a solicitation of an offer to buy or an offer to purchase or sell any securities.&#160; The Tender Offers are being
          made only pursuant to the above-referenced offer to purchase and notice of guaranteed delivery only in such jurisdictions as is permitted under applicable law.</div>
      </div>
      <div>
        <div><br>
        </div>
        <div><br>
        </div>
      </div>
      <div style="margin-bottom: 10pt; font-weight: bold;">Exhibits</div>
    </div>
    <div style="margin-bottom: 10pt;">
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            <td style="width: 5%; text-align: left; vertical-align: top;">
              <div><a href="ff2321473_6k-ex991.htm">&#160;99.1</a></div>
            </td>
            <td style="width: 95%; text-align: left; vertical-align: top;">
              <div><a href="ff2321473_6k-ex991.htm">Press Release of Grupo Televisa, S.A.B. dated July 26, 2023</a> </div>
            </td>
          </tr>

      </table>
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    <div style="margin-bottom: 10pt;"><br>
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      <div style="text-align: center; margin-bottom: 10pt;">SIGNATURE</div>
      <div style="margin-top: 12pt; margin-bottom: 10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
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    <div>
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            <td style="width: 34%; vertical-align: middle;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 3.75%; vertical-align: middle;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 6%; vertical-align: middle;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 37%; vertical-align: middle;">&#160;</td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td colspan="3" style="vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;"><u><font style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-style: normal; font-variant: normal; text-transform: none;">GRUPO TELEVISA, S.A.B</font></u>.</div>
            </td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 34%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
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            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td colspan="3" style="vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;">(Registrant)</div>
            </td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 34%; vertical-align: middle;">&#160;</td>
            <td colspan="2" style="vertical-align: middle;">&#160;</td>
            <td colspan="2" style="vertical-align: middle;">&#160;</td>
            <td colspan="2" style="vertical-align: middle;">&#160;</td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
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            <td style="width: 34%; vertical-align: middle;" rowspan="1">&#160;</td>
            <td colspan="2" style="vertical-align: middle;" rowspan="1">&#160;</td>
            <td colspan="2" style="vertical-align: middle;" rowspan="1">&#160;</td>
            <td colspan="2" style="vertical-align: middle;" rowspan="1">&#160;</td>
            <td style="width: 15%; vertical-align: top;" rowspan="1">&#160;</td>
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            <td style="width: 34%; vertical-align: top; padding-bottom: 1px;">
              <div style="font-family: 'Times New Roman', serif;">Dated: July 26, 2023<br>
              </div>
            </td>
            <td style="width: 1%; vertical-align: bottom; padding-bottom: 1px;">&#160;</td>
            <td style="width: 3.75%; vertical-align: top; padding-bottom: 1px;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom; padding-bottom: 1px;">&#160;</td>
            <td style="width: 6%; vertical-align: top; padding-bottom: 1px;">
              <div style="font-family: 'Times New Roman', serif;">By</div>
            </td>
            <td style="width: 1%; vertical-align: bottom; padding-bottom: 1px;">&#160;</td>
            <td style="width: 37%; vertical-align: top; border-bottom: 1px solid rgb(0, 0, 0);">
              <div style="font-family: 'Times New Roman', serif;">/s/ Luis Alejandro Bustos Olivares</div>
            </td>
            <td style="width: 15%; vertical-align: top; padding-bottom: 1px;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 6%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td style="width: 37%; vertical-align: top;">&#160;</td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 6%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;">Name:</div>
            </td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 37%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;">Luis Alejandro Bustos Olivares</div>
            </td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 34%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" style="width: 6%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 1%; vertical-align: bottom;">&#160;</td>
            <td rowspan="1" style="width: 37%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 3.75%; vertical-align: top;">&#160;</td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 6%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;">Title:</div>
            </td>
            <td style="width: 1%; vertical-align: bottom;">
              <div style="font-family: 'Times New Roman', serif;">&#160;</div>
            </td>
            <td style="width: 37%; vertical-align: top;">
              <div style="font-family: 'Times New Roman', serif;">Legal Vice President and General Counsel</div>
            </td>
            <td style="width: 15%; vertical-align: top;">&#160;</td>
          </tr>

      </table>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ff2321473_6k-ex991.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Fried Frank
         Document created using Broadridge PROfile 23.5.1.5152
         Copyright 1995 - 2023 Broadridge -->
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
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    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z3011143fc28b4bb3b99ab655531bc9a7">

        <tr>
          <td style="width: 50.65%; vertical-align: top;">&#160;<img src="image00001.jpg"></td>
          <td style="width: 49.35%; vertical-align: top;">
            <div style="text-align: right;">Investor Relations</div>
            <div>&#160;</div>
            <div style="text-align: right; font-weight: bold;">PRESS RELEASE</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">GRUPO TELEVISA ANNOUNCES COMMENCEMENT OF CASH TENDER OFFERS</div>
    <div><br>
    </div>
    <div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-weight: bold;">Mexico City,&#160;July 26, 2023</font>&#160; -&#160;Grupo Televisa, S.A.B. (&#8220;<font style="font-weight: bold; font-style: italic;">Televisa</font>,&#8221; the &#8220;<font style="font-weight: bold; font-style: italic;">Company</font>,&#8221; &#8220;<font style="font-weight: bold; font-style: italic;">we</font>,&#8221; &#8220;<font style="font-weight: bold; font-style: italic;">us</font>&#8221; or &#8220;<font style="font-weight: bold; font-style: italic;">our</font>&#8221;), announced today that it commenced tender offers&#160;to purchase for cash (i) any and all of its outstanding 4.625% Notes due 2026 (the &#8220;<font style="font-weight: bold; font-style: italic;">Any and All Notes</font>&#8221;) and (ii)
        its outstanding 5.000% Notes due 2045 (the &#8220;<font style="font-weight: bold; font-style: italic;">2045 Notes</font>&#8221;), 5.250% Notes due 2049 (the &#8220;<font style="font-weight: bold; font-style: italic;">2049 Notes</font>&#8221;), 6.625% Notes due 2025 (the &#8220;<font style="font-weight: bold; font-style: italic;">2025 Notes</font>&#8221;) and 6.125% Notes due 2046 (the &#8220;<font style="font-weight: bold; font-style: italic;">2046 Notes</font>&#8221; and, together with the 2045 Notes, the 2049 Notes and the 2025 Notes, the &#8220;<font style="font-weight: bold; font-style: italic;">Waterfall Notes</font>&#8221;) for an aggregate principal amount not to exceed (i) US$300,000,000 <font style="font-style: italic;">less </font>(ii) the aggregate principal amount of Any and All Notes
        validly tendered and accepted for purchase pursuant to the Any and All Tender Offer (the &#8220;<font style="font-weight: bold; font-style: italic;">Waterfall Tender Cap</font>&#8221;), in each case, upon the terms and subject to the conditions set forth in
        the offer to purchase dated July&#160;26, 2023 (as it may be amended or supplemented from time to time, the &#8220;<font style="font-weight: bold; font-style: italic;">Offer to Purchase</font>&#8221;) and, in the case of the Any and All Notes, the related notice of
        guaranteed delivery (as it may be amended or supplemented from time to time, the &#8220;<font style="font-weight: bold; font-style: italic;">Notice of Guaranteed Delivery</font>&#8221;), including (1) that the applicable Total Consideration (as defined herein)
        determined to be payable for any 2025 Notes tendered shall be less than 100.00% of the principal amount of the 2025 Notes in order for such Notes to be accepted for purchase (the <font style="font-weight: bold; font-style: italic;">&#8220;2025 Series
          Consideration Maximum&#8221;</font>) and that the applicable Total Consideration determined to be payable for any 2046 Notes tendered shall be less than 100.00% of the principal amount of the 2046 Notes in order for such Notes to be accepted for
        purchase (the &#8220;<font style="font-weight: bold; font-style: italic;">2046 Series Consideration Maximum&#8221;</font> and, together with the 2025 Series Consideration Maximum, the <font style="font-weight: bold; font-style: italic;">&#8220;Series Consideration
          Maximums&#8221;</font>), (2)&#160;the Acceptance Priority Procedures (as defined in the Offer to Purchase) and (3) proration, each as described in the Offer to Purchase. We collectively refer to the outstanding debt securities listed in the table below as
        the &#8220;<font style="font-weight: bold; font-style: italic;">Notes</font>&#8221; and to each of the listed outstanding debt securities as a &#8220;<font style="font-weight: bold; font-style: italic;">series</font>&#8221; of Notes. We refer to our offer to purchase the
        Any and All Notes as the &#8220;<font style="font-weight: bold; font-style: italic;">Any and All</font>&#160;<font style="font-weight: bold; font-style: italic;">Tender</font>&#160;<font style="font-weight: bold; font-style: italic;">Offer</font>&#8221; and our offer to
        purchase the Waterfall Notes as the &#8220;<font style="font-weight: bold; font-style: italic;">Waterfall Tender Offer</font>.&#8221;&#160; The Any and All Tender Offer and the Waterfall Tender Offer are each referred to herein as an &#8220;<font style="font-weight: bold; font-style: italic;">Offer</font>&#8221; and collectively as the &#8220;<font style="font-weight: bold; font-style: italic;">Offers</font>. Capitalized terms used in this press release but not otherwise defined have the meaning given in the Offer to
        Purchase.</div>
    </div>
    <div>
      <div style="margin-bottom: 12pt;">The following table sets forth certain information relating to the Notes and the Offers:</div>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z1d9bd90d18cf4d98b36d88d651822d99">

        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Title of Security<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)(2)</sup></div>
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          <td style="width: 9.41%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">CUSIP</div>
            </div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">ISIN</div>
            </div>
          </td>
          <td style="width: 12.83%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Principal Amount Outstanding</div>
            </div>
          </td>
          <td style="width: 10.26%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Early Tender Premium<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)(4)</sup></div>
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          </td>
          <td style="width: 18.82%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Reference U.S.<br>
                Treasury Security</div>
            </div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Fixed Spread (basis&#8209;points)</div>
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          </td>
          <td style="width: 9.41%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center; font-size: 8pt; font-weight: bold;">Acceptance Priority Level</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(226, 239, 217);">
            <div style="text-align: center; font-size: 8pt; font-style: italic; font-weight: bold;">Any and All Tender Offer</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 12.83%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 10.26%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 18.82%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 11.12%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom;">
            <div style="font-size: 8pt; margin-left: 27pt;">4.625% Notes due 2026<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">40049J BB2</div>
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          <td style="width: 11.97%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US40049JBB26</div>
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          <td style="width: 12.83%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US$300,000,000</div>
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          <td style="width: 10.26%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">N/A</div>
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          <td style="width: 18.82%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">4.500% due July 15, 2026</div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">+86bps</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: bottom; background-color: rgb(226, 239, 217);">
            <div style="text-align: center; font-size: 8pt; font-style: italic; font-weight: bold;">Waterfall Tender Offer</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 12.83%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 10.26%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 18.82%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 11.12%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom;">
            <div style="font-size: 8pt; margin-left: 27pt;">5.000% Notes due 2045<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">40049 JBA4</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US40049 JBA43</div>
          </td>
          <td style="width: 12.83%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US$889,400,000</div>
          </td>
          <td style="width: 10.26%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">US$30</div>
          </td>
          <td style="width: 18.82%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">3.875% due May 15, 2043</div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">+179bps</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom; background-color: rgb(226, 239, 217);">
            <div style="font-size: 8pt; margin-left: 27pt;">5.250% Notes due 2049<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">40049 JBE6</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US40049 JBE64</div>
          </td>
          <td style="width: 12.83%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US$702,200,000</div>
          </td>
          <td style="width: 10.26%; vertical-align: top; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US$30</div>
          </td>
          <td style="width: 18.82%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">3.625% due February 15, 2053</div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">+184bps</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom;">
            <div style="font-size: 8pt; margin-left: 27pt;">6.625% Notes due 2025</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">40049 JAV9</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US40049 JAV98</div>
          </td>
          <td style="width: 12.83%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">US$266,400,000</div>
          </td>
          <td style="width: 10.26%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">US$30</div>
          </td>
          <td style="width: 18.82%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">4.750% due July 31, 2025</div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">+85bps</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 0.79%; vertical-align: top;">&#160;</td>
          <td style="width: 16%; vertical-align: bottom; background-color: rgb(226, 239, 217);">
            <div style="font-size: 8pt; margin-left: 27pt;">6.125% Notes due 2046<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(5)</sup></div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">40049J BC0</div>
          </td>
          <td style="width: 11.97%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US40049JBC09</div>
          </td>
          <td style="width: 12.83%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US$900,000,000</div>
          </td>
          <td style="width: 10.26%; vertical-align: top; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">US$30</div>
          </td>
          <td style="width: 18.82%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">3.875% due May 15, 2043</div>
          </td>
          <td style="width: 11.12%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">+196bps</div>
          </td>
          <td style="width: 9.41%; vertical-align: bottom; background-color: #E2EFD9;">
            <div style="text-align: center; font-size: 8pt;">4</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td nowrap="nowrap" style="width: 2.77%; vertical-align: top;">
            <div style="text-align: justify; font-size: 8pt;">(1)</div>
          </td>
          <td style="width: 97.08%; vertical-align: middle;">
            <div style="text-align: justify; font-size: 8pt;">Holders who validly tender Notes and whose Notes are accepted for purchase hereunder will also receive accrued and unpaid interest (&#8220;Accrued Interest&#8221;) up to, but excluding, the applicable
              Settlement Date (as defined herein). We have agreed, subject to specified exceptions and limitations, to pay additional interest to participants in the Offers to cover Mexican withholding taxes on interest payments.</div>
          </td>
          <td style="width: 0.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 2.77%; vertical-align: top;">
            <div style="text-align: justify; font-size: 8pt;">(2)</div>
          </td>
          <td style="width: 97.08%; vertical-align: middle;">
            <div style="text-align: justify; font-size: 8pt;">The Total Consideration payable per each US$1,000 principal amount of each series of Notes validly tendered and not validly withdrawn and accepted for payment pursuant to the applicable Offer
              will be determined in accordance with standard market practice, as described in the Offer to Purchase, to result in a price that equates to a yield to the maturity date or par call date, as applicable, in accordance with the formula set forth
              in Annex A thereto. The Early Tender Premium (as defined in the Offer to Purchase and set forth in the table above) is included in the amount of Total Consideration payable for each series of Waterfall Notes validly tendered and accepted for
              payment prior to the Early Tender Date (as defined herein) pursuant to the Waterfall Tender Offer.</div>
          </td>
          <td style="width: 0.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 2.77%; vertical-align: top;">
            <div style="text-align: justify; font-size: 8pt;">(3)</div>
          </td>
          <td style="width: 97.08%; vertical-align: middle;">
            <div style="text-align: justify; font-size: 8pt;">Per each US$1,000 principal amount of Waterfall Notes.</div>
          </td>
          <td style="width: 0.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 2.77%; vertical-align: top;">
            <div style="text-align: justify; font-size: 8pt;">(4)</div>
          </td>
          <td style="width: 97.08%; vertical-align: middle;">
            <div style="text-align: justify; font-size: 8pt;">Holders who validly tender, and do not validly withdraw, Waterfall Notes on or prior to the Early Tender Date (as defined herein) will be eligible to receive the applicable Total Consideration,
              which includes the applicable Early Tender Premium. Holders who validly tender, and do not validly withdraw, Waterfall Notes after the Early Tender Date, but at or prior to the Waterfall Expiration Date (as defined herein), will be eligible
              to receive the Tender Consideration.</div>
          </td>
          <td style="width: 0.14%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 2.77%; vertical-align: top;">
            <div style="text-align: justify; font-size: 8pt;">(5)</div>
          </td>
          <td style="width: 97.08%; vertical-align: middle;">
            <div style="text-align: justify; font-size: 8pt;">The par call dates for these Notes are: October 30, 2025 for the Any and All Notes, November 13, 2044 for the 2045 Notes, November 24, 2048 for the 2049 Notes and July 31, 2045 for the 2046
              Notes.</div>
          </td>
          <td style="width: 0.14%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The &#8220;<font style="font-weight: bold; font-style: italic;">Total Consideration</font>&#8221; payable per each US$1,000 principal amount of each series of Notes validly tendered and
        not validly withdrawn and accepted for payment pursuant to the applicable Offer will be determined in accordance with standard market practice, as described in the Offer to Purchase, to result in a price that equates to a yield to the maturity date
        or par call date, as applicable, in accordance with the formula set forth in Annex A thereto (i) in the case of the Any and All Tender Offer, equal to the sum of (x) the yield corresponding to the bid side price of the Reference U.S. Treasury
        Security for the Any and All Notes at 11:00 a.m. (New York City time) on August 2, 2023, unless extended by Televisa in its sole discretion, (such time and date, as the same may be extended, the &#8220;<font style="font-weight: bold; font-style: italic;">Any


          and All Price Determination Date</font><font style="font-style: italic;">&#8221;)</font><font style="font-weight: bold; font-style: italic;">&#160;</font>quoted on the Bloomberg reference page &#8220;FIT1&#8221; <font style="font-style: italic;">plus </font>(y) the
        fixed spread specified in the table above (the &#8220;<font style="font-weight: bold; font-style: italic;">Fixed Spread</font><font style="font-style: italic;">&#8221;)</font><font style="font-weight: bold; font-style: italic;">&#160;</font>for the Any and All
        Notes and (ii) in the case of the Waterfall Tender Offer, equal to the sum of (x) the yield corresponding to the bid side price of the applicable Reference U.S. Treasury Security for each series of Waterfall Notes at 11:00 a.m. (New York City time)
        on August 9, 2023, unless extended by Televisa in its sole discretion, (such time and date, as the same may be extended, the &#8220;<font style="font-weight: bold; font-style: italic;">Waterfall Price Determination Date</font><font style="font-style: italic;">&#8221;)</font><font style="font-weight: bold; font-style: italic;">&#160;</font>quoted on the Bloomberg reference page &#8220;FIT1&#8221; <font style="font-style: italic;">plus </font>(ii) the applicable Fixed Spread for such series of Waterfall Notes. The
        Early Tender Premium is included in the amount of Total Consideration payable for each series of Waterfall Notes validly tendered and accepted for payment prior to the Early Tender Date pursuant to the Waterfall Tender Offer.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Subject to the terms and conditions of the Waterfall Tender Offer, if the purchase of all Waterfall Notes validly tendered in the Waterfall Tender Offer would cause Televisa to
        purchase an aggregate principal amount of Waterfall Notes in excess of the Waterfall Tender Cap, then only an aggregate principal amount of Waterfall Notes not in excess of the Waterfall Tender Cap will be accepted in the Waterfall Tender Offer.&#160;
        Televisa will prorate the Waterfall Notes accepted in the Waterfall Tender Offer pursuant to the Acceptance Priority Procedures described in the Offer to Purchase.&#160; Televisa may, in its sole discretion and subject to applicable law, increase the
        Waterfall Tender Cap.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The Any and All Tender Offer will expire at 5:00 p.m., New York City time, on August 2, 2023 unless extended by Televisa in its sole discretion (such date and time, as the same
        may be extended, the <font style="font-weight: bold; font-style: italic;">&#8220;Any and All Expiration Date&#8221;</font>).&#160; Holders may validly withdraw tendered Any and All Notes at any time at or prior to 5:00 p.m., New York City time, August 2, 2023,
        unless extended by Televisa in its sole discretion (such date and time, as the same may be extended, the <font style="font-weight: bold; font-style: italic;">&#8220;Any and All Withdrawal Date&#8221;</font>). Holders of Any and All Notes must validly tender
        and not validly withdraw their Notes at or before the Any and All Expiration Date to be eligible to receive the applicable Total Consideration for their Notes. For the Any and All Notes that have (i) been validly tendered (and not validly
        withdrawn) prior to the Any and All Expiration Date and that are accepted for purchase, or (ii) have been validly tendered on or prior to the &#8220;<font style="font-weight: bold; font-style: italic;">Guaranteed Delivery Date</font>&#8221; (5:00 p.m. (New
        York City time) on August 4, 2023, unless extended by Televisa in its sole discretion) pursuant to the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) and that are accepted for purchase, settlement will occur on the Any and All
        Settlement Date (as defined herein), subject to all conditions set forth in the Offer to Purchase having been satisfied or, where applicable, waived by Televisa.</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The Waterfall Tender Offer will expire at&#160;5:00 p.m.,&#160;New York City&#160;time, on&#160;August 23, 2023&#160;unless extended by Televisa in its sole discretion (such date and time, as the same
        may be extended, the <font style="font-weight: bold; font-style: italic;">&#8220;Waterfall Expiration Date&#8221;</font>). The Any and All Expiration Date and the Waterfall Expiration Date are each referred to as a &#8220;<font style="font-weight: bold; font-style: italic;">Expiration Date</font>.&#8221; Holders of the Waterfall Notes must validly tender and not validly withdraw their Waterfall Notes at or before&#160;5:00 p.m.,&#160;New York City&#160;time, on&#160;August 8, 2023, unless extended by Televisa in its sole discretion
        (such date and time, as the same may be extended, the <font style="font-weight: bold; font-style: italic;">&#8220;Early Tender Date&#8221;</font>) to be eligible to receive the applicable Total Consideration.&#160;The Early Tender Premium is included in the amount
        of Total Consideration payable for each series of Waterfall Notes validly tendered and accepted for payment prior to the Early Tender Date pursuant to the Waterfall Tender Offer.&#160; Holders of the Waterfall Notes who validly tender their Notes after
        the Early Tender Date and on or before the Waterfall Expiration Date will receive the Tender Consideration per&#160;US$1,000&#160;principal amount of Waterfall Notes tendered by such Holders that are accepted for purchase.&#160; Any Waterfall Notes may be
        withdrawn at any time at or prior to&#160;5:00 p.m.,&#160;New York City&#160;time, on&#160;August 8, 2023, unless extended by Televisa in its sole discretion (such date and time, as the same may be extended, the &#8220;<font style="font-weight: bold; font-style: italic;">Waterfall




          Withdrawal Date&#8221;</font>).</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The date of payment for the Any and All Notes accepted for purchase is referred to as the &#8220;<font style="font-weight: bold; font-style: italic;">Any and All Settlement Date</font>.&#8221;&#160;




        The date of payment for the Waterfall Notes validly tendered at or before the Early Tender Date and accepted for purchase is referred to as the &#8220;<font style="font-weight: bold; font-style: italic;">Early Settlement Date</font>.&#8221; The date of payment
        for the Waterfall Notes validly tendered after the Early Tender Date and at or before the Waterfall Expiration Date and accepted for purchase is referred to as the &#8220;<font style="font-weight: bold; font-style: italic;">Final Settlement Date</font>.&#8221;
        The Any and All Settlement Date is expected to be August 7, 2023, the Early Settlement Date is expected to be August 10, 2023 and the Final Settlement Date is expected to be August 25, 2023. The Any and All Settlement Date, the Early Settlement
        Date and the Final Settlement Date are each referred to as a &#8220;Settlement Date.&#8221;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Subject to applicable law, the Offers may be amended, extended or terminated. If Televisa determines, in its sole discretion, to extend the Offers beyond the applicable
        Expiration Date, there will be a new Settlement Date with respect to Notes validly tendered on or prior to the applicable Expiration Date. During any extension of the Offers, all Notes previously tendered and not accepted for purchase pursuant to
        the Offers will remain subject to the Offers and may, subject to the terms and conditions of the Offers, be accepted for purchase by us.</div>
      <div><br>
      </div>
    </div>
    <div>
      <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">Conditions</div>
    </div>
    <div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Televisa&#8217;s obligation to accept for purchase, and to pay for, any Notes validly tendered and not validly withdrawn pursuant to the Offers, is conditioned upon the satisfaction
        of certain conditions specified in the Offer to Purchase, including that, with respect to the offer to purchase the 2025 Notes, the applicable Total Consideration determined to be payable for the 2025 Notes does not exceed the 2025 Series
        Consideration Maximum and, with respect to the offer to purchase the 2046 Notes, the applicable Total Consideration determined to be payable for the 2046 Notes does not exceed the 2046 Series Consideration Maximum. Based on the current trading
        prices for the 2025 Notes and 2046 Notes, this condition would not be met as of the date of the Offer to Purchase. There is no assurance that this condition will be satisfied on or prior to the Early Tender Date or the Waterfall Expiration Date, as
        applicable. Subject to applicable law, Televisa reserves the right, in its sole discretion, to (i) waive any and all conditions of the Offers at or prior to the Any and All Expiration Date, the Early Tender Date or the Waterfall Expiration Date, as
        applicable, (ii) extend, terminate or withdraw the Offers, or (iii) otherwise amend the terms of the Offers in any respect.</div>
    </div>
    <div>
      <div style="text-align: justify; margin-bottom: 12pt; font-weight: bold;">The Dealer Managers</div>
    </div>
    <div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Televisa has retained HSBC Securities (USA) Inc. and Santander US Capital Markets LLC to act as dealer managers in connection with the Offers (the &#8220;<font style="font-weight: bold; font-style: italic;">Dealer Managers</font>&#8221;). Any questions or requests for assistance regarding the Offers may be directed to the Dealer Managers at their contact information set forth below.</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z8a2ac528e2af483ea7d285601a61d212">

        <tr>
          <td nowrap="nowrap" style="width: 1.41%; vertical-align: top;">&#160;</td>
          <td nowrap="nowrap" style="width: 46.97%; vertical-align: top;">
            <div style="text-align: center;"><u>HSBC Securities (USA) Inc.&#160;</u><br>
              452 Fifth Avenue</div>
            <div style="text-align: center;">New York, NY 10018</div>
            <div style="text-align: center;">Attn: Global Liability Management Group</div>
            <div style="text-align: center;">Toll-Free: +1 (888) HSBC-4LM</div>
            <div style="text-align: center;">Call Collect: +1 (212) 525-5552</div>
            <div style="text-align: center;">E-mail: lmamericas@us.hsbc.com</div>
          </td>
          <td style="width: 0.27%; vertical-align: top;">&#160;</td>
          <td style="width: 0.27%; vertical-align: top;">&#160;</td>
          <td nowrap="nowrap" style="width: 51.08%; vertical-align: top; text-align: center;">
            <div><u>Santander US Capital Markets LLC</u><br>
              437 Madison Avenue, 7th Floor,<br>
              New York, New York 10022<br>
              United States of America<br>
              Attn: Liability Management<br>
              Toll-Free: +1 855-404-3636<br>
              Collect: +1 212-940-1442</div>
            <div>
              <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">E-mail: Usdcmlm@santander.us</div>
            </div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
      <div style="margin-top: 12pt; margin-bottom: 12pt; font-weight: bold;">The Tender Agent and the Information Agent</div>
    </div>
    <div>
      <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Copies of the Offer to Purchase and the Notice of Guaranteed Delivery may be obtained from D.F. King &amp; Co., Inc., the tender agent and the information agent for the Offers,
        at www.dfking.com/televisa or toll-free at +1 800-967-5019, collect at +1 212-269-5550 and email at televisa@dfking.com.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
    </div>
    <div>
      <div style="text-align: justify; margin-bottom: 12pt; font-style: italic; font-weight: bold;">Disclaimer</div>
    </div>
    <div style="text-align: justify; text-indent: 31.5pt; margin-bottom: 12pt; font-style: italic;">This press release is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these
      securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.</div>
    <div style="text-align: justify; text-indent: 31.5pt; margin-bottom: 12pt; font-style: italic;">The Offers are not being made to holders of Notes in any jurisdiction in which Televisa is aware that the making of the Offers would not be in compliance
      with the laws of such jurisdiction.&#160; In any jurisdiction in which the securities laws or blue sky laws require the Offers to be made by a licensed broker or dealer, the respective Tender Offers will be deemed to be made on Televisa&#8217;s behalf by the
      dealer managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt; font-style: italic;">Documents related to the Offers have not been filed with, and have not been approved or reviewed by any federal or state securities commission or regulatory
      authority of any country.&#160; No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any documents related to the Offers, and it is unlawful and may be a criminal offense to make any representation to the contrary.</div>
    <div style="text-align: justify; font-style: italic; font-weight: bold;">Forward-looking statements</div>
    <div><br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-style: italic;">This&#160;press&#160;release&#160;contains forward-looking statements. The forward-looking statements in this&#160;press&#160;release&#160;should be read in conjunction with the factors described in &#8220;Item 3.
      Key Information &#8211; Forward-Looking Statements&#8221; in the Company&#8217;s Annual Report on Form 20-F. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. The Company undertakes no obligation
      to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</div>
    <div>
      <div style="margin-bottom: 12pt;"><br>
      </div>
    </div>
    <div>
      <div style="text-align: justify; margin-bottom: 12pt; font-style: italic; font-weight: bold;">About Grupo Televisa</div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt; font-style: italic;">Televisa is a major telecommunications corporation which owns and operates one of the most significant cable companies as well as a leading direct-to-home
      satellite pay television system in Mexico. Televisa&#8217;s cable business offers integrated services, including video, high-speed data, voice and mobile to residential and commercial customers as well as managed services to domestic and international
      carriers. Televisa owns a majority interest in Sky, a leading direct-to-home satellite pay television system and broadband provider in Mexico, operating also in the Dominican Republic and Central America. Televisa holds a number of concessions by the
      Mexican government that authorizes it to broadcast programming over television stations for the signals of TelevisaUnivision, Inc. (&#8220;<font style="font-weight: bold;">TelevisaUnivision</font>&#8221;), and Televisa&#8217;s cable and DTH systems. In addition,
      Televisa is the largest shareholder of TelevisaUnivision, a leading media company producing, creating, and distributing Spanish-speaking content through several broadcast channels in Mexico, the United States and over 50 countries through television
      networks, cable operators and over-the-top or &#8220;OTT&#8221; services. Televisa also has interests in magazine publishing and distribution, professional sports and live entertainment, and gaming.</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt; font-style: italic;"> <br>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt; font-style: italic;"> <br>
    </div>
    <div>
      <div style="text-align: center; font-size: 12pt; font-weight: bold;">Contact Information</div>
    </div>
    <div>
      <div><br>
      </div>
    </div>
    <div>
      <div style="text-align: center; font-weight: bold;">Investor Relations</div>
      <div style="text-align: center;"><u>www.televisair.com.mx</u></div>
      <div style="text-align: center;">Tel: (52 55) 5261 2445</div>
    </div>
    <div>
      <div><br>
      </div>
    </div>
    <div>
      <div style="text-align: center;">Rodrigo Villanueva, VP, Head of Investor Relations /&#160;<u>rvillanuevab@televisa.com.mx</u></div>
      <div style="text-align: center;">Andr&#233;s Audiffred, Investor Relations Director /&#160;<u>aaudiffreda@televisa.com.mx</u></div>
    </div>
    <div>
      <div style="text-align: center; font-weight: bold;">Media Relations</div>
    </div>
    <div>
      <div><br>
      </div>
    </div>
    <div>
      <div style="text-align: center;">Rub&#233;n Acosta / Tel: (52 55) 5224 6420 /&#160;<u>racostamo@televisa.com.mx</u></div>
      <div style="text-align: center;">
        <div style="color: rgb(0, 0, 0); font-family: 'Times New Roman';">Alejandra Garc&#237;a / Tel: (52 55) 4438 1205 / <u>agarcial@televisa.com.mx</u> <br>
          <div style="text-align: left; color: #000000;"><br>
          </div>
        </div>
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