0001047469-04-000621 Sample Contracts

Underwriting Agreement
Univision Communications Inc • January 12th, 2004 • Television broadcasting stations • New York

Banc of America Securities LLC as Representative (the "Representative") of the several Underwriters named in Schedule I hereto,

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STOCK PURCHASE AGREEMENT Between UNIVISION COMMUNICATIONS INC. And CLEAR CHANNEL INVESTMENTS, INC.
Stock Purchase Agreement • January 12th, 2004 • Univision Communications Inc • Television broadcasting stations • New York

STOCK PURCHASE AGREEMENT (this "Agreement") dated as of January 7, 2004 between Univision Communications Inc., a Delaware corporation ("Company"), and Clear Channel Investments, Inc., a Nevada corporation ("Holder").

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