SHARE REPURCHASE AGREEMENT
This Share Repurchase Agreement (this “ Agreement ”) is entered into as of February 27, 2006, by and between
Entravision Communications Corporation, a Delaware corporation (“ Entravision ”), and Univision Communications Inc., a
Delaware corporation (“ Univision ”).
WHEREAS, Univision is the holder of 24,352,729 shares of Entravision’s Class U common stock, par value $0.0001 per
share, which shares represent one hundred percent (100%) of the issued and outstanding shares of such Class U common stock
(the “ Class U Common ”).
WHEREAS, Entravision desires to repurchase the Repurchased Shares (as defined below), on the terms and conditions set
NOW THEREFORE, in consideration of the foregoing and of the mutual covenants, agreements, and conditions hereafter
set forth, and for other good, valuable, and binding consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto, intending to be legally bound hereby agree as follows:
(a) Repurchase; Repurchase Price . On the Closing Date (as defined below), Entravision will repurchase 7,000,000 shares of
Class U Common (the “ Repurchased Shares ”) from Univision and Univision will sell the Repurchased Shares to Entravision
free and clear of all liens, security interests, pledges, claims and encumbrances of any kind, nature or description other than
restrictions under applicable securities laws, and on the terms and conditions set forth herein (the “ Share Repurchase ”). The
total repurchase price to be paid by Entravision to Univision for the Repurchased Shares is Fifty-One Million One Hundred
Thousand Dollars ($51,100,000) (the “ Repurchase Price ”).
(b) Closing . Entravision will deliver the Repurchase Price to Univision by wire transfer in immediately available U.S. funds
on March 2, 2006 (the “ Closing Date ”) to an account specified in writing by Univision, and on the Closing Date Univision will
surrender any stock certificate or c