3rd Annual ''Premios Juventu'' Awards on Univision: a Wet and Wonderful Star-Filled Night

With a dazzling set featuring underwater portholes, aquariums, anda giant on-stage slide, the third edition of Univision's "PremiosJuventud" youth awards show presented a virtual tidal wave of thebiggest stars of Latin entertainment LIVE on Thursday, July 13 fromthe University of Miami at 8:00 p.m. ET/PT (7:00 p.m. CT).

The first awards show on Spanish-language television thatcelebrates the preferences of this country's young Hispanics, "PremiosJuventud 2006" gave awards in 28 unconventional categories. Among thenight's biggest winners were international pop mega-sensation RBD,with 12 statuettes including "I Hear Them Everywhere," "CatchiestTune," "CD to Die For," "My Favorite Concert," "Best Ballad,""Favorite Pop Artist," "My Idol Is...," "Paparazzi's Favorite Target,"and individual awards for members Alfonso Herrera ("He's Got Style"and "What a Hottie!") and Dulce Maria ("She's Got Style"). Otherwinners included Colombian singer/songwriter Shakira, who received twoawards ("Best Moves," and "Favorite Rock Artist"), popular groupIntocable ("Favorite Regional Mexican Artist") and Puerto Ricanreggaeton superstar Daddy Yankee ("Favorite Urban Artist"). In Sports,famous baseball shortstop Alex Rodriguez ("Most Electrifying MaleAthlete") and Mexican track and field phenom Ana Guevara ("MostElectrifying Female Athlete") each received statuettes.

In keeping with tradition, the show's opening was a majorproduction that culminated in revealing the identities of the show'shosts, a closely guarded secret right up until showtime. When theluxury yacht of reggaeton impresarios Luny Tunes runs out of gas, theshow's top secret musical CD they are delivering must be picked up bya helicopter piloted by co-host Chilean actor Cristian de la Fuente.Unfortunately, the case falls into the ocean and two scuba diversdescend to retrieve it. Swimming through shark infested waters, theyarrive to the event and enter the stage through an airlock and deliverthe CD as they reveal themselves as popular Mexican televisionpersonalities Alessandra Rosaldo and Jan. They are later joined byco-hosts de la Fuente and actress/singer Ninel Conde.

The show then kicked off with an elaborate production numberfeaturing the Kumbia Kings performing their hit "Pachuco" with anexplosive display of pyrotechnics and lights that brought the sold-outarena crowd to their feet. Later, in a nod to the often elaborateentrances staged by other artists, the lead singer of Puerto Ricanurban group Calle 13 descended onto the stage from the rafters ridinga bicycle while throwing newspapers to the appreciative fans belowwhile performing their hit "Atrevete-te." Other musical highlightsincluded a duet of Mexican superstar Thalia and Aventura lead singerAnthony that featured a chorus line of Thalia look-alikes on stage, arare live performance by super-group Mana debuting their newest single"Labios Compartidos" (and who later received the coveted "Supernova"award), an emotionally-charged performance by reggaeton artist DonOmar of his AIDS-awareness themed "Angelito," and a much anticipatedmedley of hits by Miami rockers Bacilos.

In what was unquestionably the biggest surprise of the evening,both to the audience as well as the artist, Puerto Rican reggaetonstar Ivy Queen was honored with a video montage of her meteoric careerand presented the first ever "Diva Award."

Following another "Premios Juventud" tradition, three scholarshipswere presented to deserving Hispanic youths by Univision news anchorJorge Ramos (Academics), Univision personality Giselle Blondet(Music), and racecar driver Milka Duno (Sports).

Preceding the event, a star-studded "ocean blue carpet" arrivalshow was kicked-off by chart-topping Puerto Rican recording artistChelo performing his current catchy hit "Cha Cha." Among the manyHispanic stars arriving to walk down the "Premios Juventud" bluecarpet were: RBD, Marlene Favela, Lili Estefan, Wisin y Yandel, AnaMaria Canseco, La Secta Allstar, Raul de Molina, Sherlyn, CarmenDominicci, Adrian Alonso, Felipe Viel, Luny Tunes, Ana Layevska,Fernando Arau, Eduardo Cruz, Raul Gonzalez, Adriana Fonseca, Veronicadel Castillo, Alexis y Fido, Marisa del Portillo, and Ana Carolinaamong others. The "Blue Carpet" portion of the show aired one hourbefore the awards ceremony as a special titled "Noche de Estrellas"(Night of Stars).

All of the night's winners were chosen by enthusiastic fans votingon Univision.com, the exclusive home of "Premios Juventud" online.Fans logged onto Univision.com to follow the action and get the insidescoop. Univision.com post coverage will include winner profiles,behind-the-scenes photos, celebrity gossip, and an up-close look atwho ruled the "blue carpet."

To download photographs of the event, please visitftp://ftp.univision.net ID: press Password: premiosjuventud

Following is the complete list of "Premios Juventud 2006" winners:
FILM CATEGORIES

Que Actorzazo! (Can He Act or What?)
Antonio Banderas

Actriz Que Se Roba La Pantalla (She Steals the Show)
Jessica Alba

Pelicula Mas Padre (Favorite Flick)
The Legend of Zorro

MUSIC CATEGORIES

La Combinacion Perfecta (Perfect Combination)
Baby Ranks, Daddy Yankee, Hector el Father, Tonny Tun Tun, Wisin y
Yandel ("Mayor Que Yo")

Que Rico Que Se Mueve (Best Moves)
Shakira

Voz Del Momento (I Hear Them Everywhere)
RBD

La Mas Pegajosa (Catchiest Tune)
"Aun Hay Algo" - RBD

Me Muero Sin Ese CD (CD to Die For)
"Nuestro Amor" - RBD

Mi Concierto Favorito (My Favorite Concert)
RBD

Cancion Corta-venas (Best Ballad)
"Este Corazon" - RBD

Mi Artista Regional Mexicano Favorito Es... (Favorite Regional
Mexican Artist)
Intocable

Mi Artista Rock Favorito Es... (Favorite Rock Star)
Shakira

Mi Artista Pop Favorito Es... (Favorite Pop Artist)
RBD

Mi Artista Tropical Favorito Es... (Favorite Tropical Artist)
Aventura

Mi Artista Urbano Favorito Es... (Favorite Urban Artist)
Daddy Yankee

SPORTS CATEGORIES

El Deportista De Alto Voltaje (Most Electrifying Male Athlete)
Alex Rodriguez

La Deportista De Alta Tension (Most Electrifying Female Athlete)
Ana Guevara

Me Pongo La Camiseta De... (I'm a Die Hard Fan of...)
Los Yankees de Nueva York

La Nueva Promesa (Rookie of the Year)
Omar Bravo (Las Chivas del Guadalajara)

Encontronazos Clasicos (Most Explosive Rivals)
Aguilas del America vs Chivas del Guadalajara

POP CULTURE CATEGORIES

Mi Idolo Es... (My Idol Is...)
RBD

Torridos Romances (Hottest Romance)
Luis Fonsi y Adamaris Lopez

En La Mira Del Paparazzi (Paparazzi's Favorite Target)
RBD

FASHION AND IMAGE CATEGORIES

Quiero Vestir Como Ella (She's Got Style)
Dulce Maria

El De Mejor Estilo (He's Got Style)
Alfonso Herrera

Esta Buenisimo! (What a Hottie!)
Alfonso Herrera

Supermodelo (Super Model)
Dayanara Torres

Chica Que Me Quita El Sueno (Girl of my Dreams)
Barbara Mori

INTERNET SPECIAL AWARD

Mas Buscado (Most Searched)
RBD

Univision Communications Inc. is the premier Spanish-languagemedia company in the United States. Its operations include UnivisionNetwork, the most-watched Spanish-language broadcast televisionnetwork in the U.S. reaching 98% of U.S. Hispanic Households;TeleFutura Network, a general-interest Spanish-language broadcasttelevision network, which was launched in 2002 and now reaches 86% ofU.S. Hispanic Households; Galavision, the country's leadingSpanish-language cable network; Univision Television Group, which ownsand operates 62 television stations in major U.S. Hispanic markets andPuerto Rico; Univision Radio, the leading Spanish-language radio groupwhich owns and/or operates 69 radio stations in 16 of the top 25 U.S.Hispanic markets and 4 stations in Puerto Rico; Univision Music Group,which includes Univision Records, Fonovisa Records, La Calle Recordsand a 50% interest in Mexico-based Disa Records labels as well asFonomusic and America Musical Publishing companies; and UnivisionOnline, 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 paytelevision channels in the U.S., and a non-voting 14.9% interest inEntravision Communications Corporation, a public Spanish-languagemedia company. Univision Communications is headquartered in LosAngeles with television network operations in Miami and television andradio stations and sales offices in major cities throughout the UnitedStates.

For more information, please visit www.univision.net.

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Univision Communications Inc. (the "Company") will file a proxystatement and other documents regarding the proposed acquisition ofthe Company by Umbrella Acquisition Inc. ("Umbrella") with theSecurities and Exchange Commission. INVESTORS AND SECURITY HOLDERS AREURGED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE, BECAUSEIT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THEPROPOSED MERGER. A definitive proxy statement will be sent to securityholders of the Company seeking their approval of the transaction.Investors and security holders may obtain a free copy of thedefinitive proxy statement (when available) and other documents filedby the Company with the SEC at the SEC's website at www.sec.gov. Thedefinitive proxy statement and other relevant documents may also beobtained free of charge on the Company's website at www.univision.netor by directing a request to Univision Communications Inc., 1999Avenue of the Stars, Suite 3050, Los Angeles, CA 90067, Attention:Investor Relations.

The Company and its directors and executive officers may be deemedto be participants in the solicitation of proxies from theshareholders of the Company in connection with the acquisition.Information about the Company and its directors and executive officerscan be found in the Company's Proxy Statements and Annual Reports onForm 10-K filed with the SEC. Additional information regarding theinterests of those persons may be obtained by reading the proxystatement when it becomes available.