AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 7, 2003. REGISTRATION NO.: 333-102256 =========================================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------- POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ------------- GRUPO TELEVISA, S.A. (Exact name of Registrant as specified in its charter) UNITED MEXICAN STATES NONE (State or other (I.R.S. Employer jurisdiction Identification No.) of incorporation or organization) ------------------------ AV. VASCO DE QUIROGA, NO. 2000 DONALD J. PUGLISI COLONIA SANTA FE PUGLISI & ASSOCIATES 01210 MEXICO, D.F. 850 LIBRARY STREET, SUITE 204 MEXICO P.O. BOX 885 (52) (555) 261-2000 NEWARK, DELAWARE 19715 (Address and telephone number of (302) 738-6680 Registrant's principal (Name, address and telephone executive offices) (Zip Code) number of agent for service ------------------------ GRUPO TELEVISA, S.A. STOCK OPTION PLAN (Full Title of the Plan) ------------------------ COPIES TO: JOSEPH A. STERN, ESQ. JUAN SEBASTIAN MIJARES ORTEGA KENNETH ROSH, ESQ. GRUPO TELEVISA, S.A. FRIED, FRANK, HARRIS, SHRIVER & JACOBSON AVENIDA VASCO DE QUIROGA, NO. 2000 ONE NEW YORK PLAZA 01210 MEXICO, D.F. NEW YORK, NEW YORK 10004 MEXICO (212) 859-8000 (52) (555) 261-2000 ------------------------ CALCULATION OF REGISTRATION FEE =========================================================================================== AMOUNT PROPOSED PROPOSED MAXIMUM AMOUNT TO BE MAXIMUM AGGREGATE OF TITLE OF EACH CLASS OF REGISTERED OFFERING PRICE OFFERING PRICE REGISTRATION SECURITIES TO BE REGISTERED (1) PER UNIT (1)(2) (1)(2) FEE ------------------------------------------------------------------------------------------- Series A Shares, without par value (3)(4)................ 1,850,000 $29.04 $53,724,000.00 $4,943.00 Series L Shares, without par value (3)(4)................ 1,450,000 $29.04 $42,108,000.00 $3,874.00 Series D Shares, without par value (3)(4) ............... 1,450,000 $29.04 $42,108,000.00 $3,874.00 ------------------------------------------------------------------------------------------- Total....................... 4,750,000 $12,691.00 =========================================================================================== (1) This represents (i) the maximum aggregate projected amount of securities issuable under the Grupo Televisa, S.A. Stock Option Plan through December 31, 2008 and (ii) such indeterminate amount of securities that may be issued pursuant to the Grupo Televisa, S.A. Stock Option Plan in the event of a stock dividend, stock split, recapitalization or other similar event. (2) Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act, based on the average of the high and low prices of the Registrant's Global Depositary Shares ("GDSs") on the New York Stock Exchange on December 23, 2002. (3) Ordinary Participation Certificates ("CPOs"), each representing financial interests in, and limited voting rights with respect to, one Series A Share, one Series L Share and one Series D Share issuable upon deposit of the Series A Shares, Series L Shares and Series D Shares registered hereby have been registered under a separate registration statement on Form F-6 (Registration No. 33-71810). GDSs evidenced by Global Depositary Receipts issuable upon deposit of such CPOs have also been registered under the same registration statement on Form F-6. Each GDS represents twenty CPOs. (4) All of the Series A Shares, Series L Shares and Series D Shares registered pursuant to this registration statement on Form S-8 have been or will be issued in the form of CPOs. =========================================================================== TABLE OF CONTENTS PAGE ---- PART II Item 8. Exhibits............................................................3 PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT ITEM 8. EXHIBITS. EXHIBIT NUMBER DESCRIPTION OF EXHIBITS -------------- ----------------------- 4.1 -- Amended and Restated Bylaws (Estatutos Sociales) of the Registrant, dated as of April 30, 2002, including a translation into English (previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant's Annual Report on Form 20-F for the year ended December 31, 2001 and incorporated herein by reference). 5.1 -- Opinion of Mijares, Angoitia, Cortes y Fuentes, S.C. as to the legality of the CPOs and the Series A Shares, the Series L Shares and the Series D Shares underlying such CPOs.* 23.1 -- Consents of PricewaterhouseCoopers.** 23.2 -- Consent of Mijares, Angoitia, Cortes y Fuentes, S.C. (included in Exhibit 5.1).* 24.1 -- Power of Attorney is included in the signature pages to the Registration Statement, dated December 30, 2002.** * This supersedes and replaces the original opinion and consent of Mijares, Angoitia, Cortes y Fuentes, S.C. which were filed in connection with the Registration Statement, dated December 30, 2002. ** Filed previously. SIGNATURES The Registrant. Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in Mexico City, Mexico on January 7, 2003. GRUPO TELEVISA, S.A. By: /s/Rafael Carabias Principe --------------------------------------- Name: Rafael Carabias Principe Title: Vice President of Administration By: /s/Jorge Lutteroth Echegoyen --------------------------------------- Name: Jorge Lutteroth Echegoyen Title: Controller and Vice President Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to the Registration Statement has been signed by the following persons in the capacities and on the date first above indicated: SIGNATURE TITLE /s/Emilio Azcarraga Jean Director, Chairman of the Board, --------------------------------- President and Chief Executive Officer Emilio Azcarraga Jean /s/Maria Asuncion Aramburuzabala Larregui --------------------------------- Director and Vice Chairwoman of the Board Maria Asuncion Aramburuzabala Larregui /s/ Juan Abello Gallo --------------------------------- Director Juan Abello Gallo /s/Alfonso de Angoitia Noriega --------------------------------- Director, Executive Vice President and Alfonso de Angoitia Noriega Chief Financial Officer /s/Julio Barba Hurtado --------------------------------- Director Julio Barba Hurtado /s/Jose Antonio Baston Patino --------------------------------- Director Jose Antonio Baston Patino /s/Ana Patricia Botin O'Shea --------------------------------- Director Ana Patricia Botin O'Shea /s/Manuel Jorge Cutillas Covani --------------------------------- Director Manuel Jorge Cutillas Covani /s/Jaime Davila Urcullu --------------------------------- Director Jaime Davila Urcullu /s/Carlos Fernandez Gonzalez --------------------------------- Director Carlos Fernandez Gonzalez /s/Bernardo Gomez Martinez --------------------------------- Director Bernardo Gomez Martinez /s/Claudio X. Gonzalez Laporte --------------------------------- Director Claudio X. Gonzalez Laporte /s/Roberto Hernandez Ramirez --------------------------------- Director Roberto Hernandez Ramirez /s/Enrique Krauze Kleinbort --------------------------------- Director Enrique Krauze Kleinbort --------------------------------- Director German Larrea Mota Velasco /s/Jorge Lutteroth Echegoyen --------------------------------- Controller Jorge Lutteroth Echegoyen /s/Gilberto Perezalonso Cifuentes --------------------------------- Director Gilberto Perezalonso Cifuentes /s/Alejandro Quintero Iniguez --------------------------------- Director Alejandro Quintero Iniguez --------------------------------- Director Fernando Senderos Mestre /s/Enrique F. Senior Hernandez --------------------------------- Director Enrique F. Senior Hernandez /s/Lorenzo H. Zambrano Trevino --------------------------------- Director Lorenzo H. Zambrano Trevino SIGNATURE OF AUTHORIZED REPRESENTATIVE Pursuant to the requirements of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of Grupo Televisa, S.A., has signed this Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 in the City of Newark, State of Delaware on January 7, 2003. SIGNATURE TITLE /s/Donald J. Puglisi --------------------------------- Authorized Representative in the United Donald J. Puglisi States