Televisa, hi5 Enter into Commercial and Video Distribution Agreement

Agreement reaching 33 million Spanish speakers across Hispanic Latin America

Mexico City, Mexico, June 3, 2009 -- Televisa Interactive Media ("Televisa"), the online division of Grupo Televisa, S.A.B. (NYSE: TV; BMV: TLEVISA CPO), the leading Spanish-speaking media company in the World, and hi5, the leading social entertainment website across Spanish-speaking Latin America and the 12th largest website in the world by page views, today announced a unique commercial arrangement to maximize their online audiences in the region.

As part of the deal, Televisa will be the exclusive representative of hi5's online advertising inventory in Hispanic Latin America and jointly the parties will launch a co-branded premium video channel for users of hi5, the popular social entertainment website in Latin America, serving a library of full and short length videos provided by Televisa, most of which are available through Esmas.com and through Televisa's vertical video site Tvolucion.com. The video channel will not be available to users in the United States. The availability of this new video channel is scheduled for this summer with additional premium content delivered via micro-sites shortly thereafter.

Jointly, Televisa Interactive Media and hi5 sites reach more than 33 million unique users per month across Hispanic Latin America, which represent 63% of the total market. Internet usage in these countries is growing at a rapid pace of up to 16.6% last year according to Comscore, nearly triple the North American growth of 5.7% for that same year, according to the same source.

"hi5 is an ideal content and traffic extension that perfectly complements our best-in-class suite of promotional solutions for advertisers and brands in this region," said Juan Saldívar, General Manager of Televisa Interactive Media.

"This business relationship solidifies our leadership position in Latin America and delivers compelling content to our huge Spanish-language audience. Televisa's experienced sales team and deep industry relationships will help us maximize our revenue potential in the Latin American market," said Ramu Yalamanchi, Founder and Chief Product Officer at hi5.

Source: hi5 Networks