Carolina Rice/Univision Radio Scholarship Program Celebrates Its 15th Year and Announces 2004 Award Winners.

Business Editors

NEW YORK--(BUSINESS WIRE)--June 15, 2004

Univision Radio and Riviana Foods Inc. of Houston, Texas, today announced the completion of their fifteenth year as partners in the Carolina Rice/Univision Radio Scholarship Program and the 2004 award winners. This program, begun in 1989, has awarded five $2000 scholarships to college bound high school seniors in each of the fifteen years of its existence. This year's winners were: Morayma Cruz (Miss Carolina Rice), Irina Ikonsky, Jasmine Bruno, Sharon Paradis, Emily Caraballo and Khandice Stewart.

Rob Corr, National Sales Manager for Univision Radio New York's Latino Mix Radio said, "We're thrilled to be a part of the Carolina Rice/Univision Radio Scholarship Program. Year after year, the kids we meet during the selection process are inspiring. They give us a sense of hope for the future."

"This program is designed to help families with the incidental college expenses such as clothing, travel, books and scores of other things that can drain a family budget but aren't covered by the traditional financial aid packages," said Alfredo J. Gomez, senior product manager for Riviana Foods. "But more importantly, the money is a well-deserved reward for a student who has excelled. Each of our winners is proud of this accomplishment, and encouraged to continue to strive for excellence."

The awards were presented on May 13, 2004, at a traditional Hispanic restaurant in Manhattan, where students were joined by corporate executives, educators, family and friends.

The 2005 program begins October 1, 2004, and ends May 30, 2005. The selection process includes an essay contest and personal interviews. All high school seniors in the New York-New Jersey Metro Area are eligible to enter. Students may obtain entry forms from their high school college office or online at carolinarice.com/scholarship. The cash awards are paid directly to each winning student.

Univision Communications Inc. (NYSE: UVN) 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.

For more information, please visit www.univision.net