UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULES 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2003 GRUPO TELEVISA, S.A. ------------------------------------------- (Translation of registrant's name into English) Av. Vasco de Quiroga No. 2000, Colonia Sante Fe 01210 Mexico, D.F. ---------------------------------------------------------------------------- (Address of principal executive offices) (Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.) Form 20-F X Form 40-F ------ ------ (Indicate by check mark whether the registrant by furnishing the information contained in this Form is also furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes No X ------ ------ (If "Yes" is marked indicate below the file number assigned to the registrant in connection with Rule 12g-3-2(b): 82 .) ------------------------------------------------------------------------------ [COMPANY LOGO] PRESS RELEASE FOR IMMEDIATE RELEASE GRUPO TELEVISA ELECTS BOARD OF DIRECTORS, APPROVES THE PAYMENT OF A DIVIDEND AND ADOPTS BY-LAW AMENDMENTS Mexico City, April 30, 2003-- Grupo Televisa, S.A. (NYSE:TV; BMV: TLEVISA CPO) today announced that its shareholders elected the Company's Board of Directors, Executive Committee and Audit Committee at today's annual shareholders meeting, as follows: Directors Emilio Azcarraga Jean Chairman of the Board, President and Chief Executive Officer and President of the Executive Committee Ma. Asuncion Aramburuzabala Larregui Vice Chairwoman of the Board and Member of the Executive Committee of Grupo Modelo In alphabetical order: Pedro Aspe Armella Chairman of the Board and Chief Executive Officer of of Protego Asesores Financieros Julio Barba Hurtado Director of Grupo Televicentro and Legal Advisor to the President Jose Antonio Baston Patino Corporate Vice President of Television Ana Patricia Botin O'Shea Private Investor Manuel Jorge Cutillas Covani Director of Bacardi Limited Alfonso de Angoitia Noriega Executive Vice President and Chief Financial Officer Carlos Fernandez Gonzalez Chief Executive Officer and Vice President of the Board of Grupo Modelo Bernardo Gomez Martinez Deputy to the President Claudio X. Gonzalez Laporte Chairman of the Board and Chief Executive Officer of Kimberly-Clark de Mexico, S.A. de C.V. Roberto Hernandez Ramirez Chairman of the Board of Banco Nacional de Mexico Enrique Krauze Kleinbort Chief Executive Officer of Editorial Clio German Larrea Mota Velasco Chairman of the Board and Chief Executive Officer of Grupo Mexico Gilberto Perezalonso Cifuentes Private Advisor and President of the Audit Committee Alejandro Quintero Iniguez Corporate Vice President of Sales and Marketing Fernando Senderos Mestre Chairman of the Board and Chief Executive Officer of Grupo Desc Enrique F. Senior Hernandez Executive Vice President and Managing Director of Allen & Company Inc. Lorenzo H. Zambrano Trevino Chairman of the Board and Chief Executive Officer of Cemex Members of the Executive Committee Emilio Azcarraga Jean Chairman of the Board, President and Chief Executive Officer and President of the Executive Committee In alphabetical order: Juan Pablo Andrade Frich Asset Manager of Tresalia Capital, S.A. de C.V. Alfonso de Angoitia Noriega Executive Vice President and Chief Financial Officer Ma. Asuncion Aramburuzabala Larregui Vice Chairwoman of the Board and Member of the Executive Committee of Grupo Modelo Julio Barba Hurtado Director of Grupo Televicentro and Legal Advisor to the President Jose Antonio Baston Patino Corporate Vice President of Television Bernardo Gomez Martinez Deputy to the President Alejandro Quintero Iniguez Corporate Vice President of Sales and Marketing Members of the Audit Committee Gilberto Perezalonso Cifuentes Private Advisor and President of the Audit Committee In alphabetical order: Juan Pablo Andrade Frich Asset Manager of Tresalia Capital, S.A. de C.V. Juan Fernando Calvillo Armendariz Vice President of Internal Auditing Francisco Chevez Robelo Retired Partner of Chevez, Ruiz, Zamarripa y Cia, S.C. Alberto Montiel Castellanos Director of Montiel Font y Asociados, S.C. Jorge Lutteroth Echegoyen Controller and Vice President of Grupo Televisa The shareholders meeting approved, among other things, the 2002 financial results and the payment of a dividend in the amount of Ps.550 million pesos, or the equivalent of 0.18936541 pesos per CPO, which includes dividends corresponding to the Series A and L shares and the cumulative preferred dividend corresponding to Series D shares. Grupo Televisa S.A., is the largest media company in the Spanish-speaking world, and a major player in the international entertainment business. It has interests in television production and broadcasting, programming for pay television, international distribution of television programming, direct-to-home satellite services, publishing and publishing distribution, cable television, radio production and broadcasting, professional sports and show business promotions, paging services, feature film production and distribution, dubbing, and the operation of a horizontal Internet portal. Grupo Televisa also has an unconsolidated equity stake in Univision, the leading Spanish-language television company in the United States. ### Contacts: In Mexico: In U.S. & Europe: Michel Boyance / Alejandro Eguiluz Adam Miller / Robert Malin Grupo Televisa, S.A. The Abernathy MacGregor Group Av. Vasco de Quiroga No. 2000 501 Madison Avenue Colonia Santa Fe New York, NY 10022 01210 Mexico, D.F. (212) 371-5999 (5255) 5261-2000 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GRUPO TELEVISA, S.A. -------------------------------- (Registrant) Dated: May 1, 2003 By /s/ Jorge Lutteroth Echegoyen ------------------------------ Name: Jorge Lutteroth Echegoyen Title: Controller, Vice-President