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GM and Univision Name Scholarship Recipient

FOR RELEASE: February 20, 2002

Univision.com And General Motors Announce Scholarship Winner

NEW YORK - Univision Online, Inc., a subsidiary of Univision Communications Inc. and General Motors Corporation today announced that Luis Antonio Franco is the first winner of "El Camino Hacia el Exito" (The Road to Success), a scholarship program acknowledging Hispanic high school students and college undergraduates nationwide for their outstanding academic achievement and community service.

Javier Saralegui, President of Univision Online, said, "We are excited to co-sponsor scholarships for exceptional U.S. Hispanic students, helping them to achieve success through education. Univision.com is committed to our community and encourages academic excellence."

Univision.com and GM jointly selected Mr. Franco, a pre-med student at Texas A&M University, as the winner. His academic accomplishments include the National Spanish Honor Society, Tri Beta National Honor Society and a class ranking of 93rd percentile. These achievements, along with his work experience, extracurricular activities, awards and statement of goals, made him an excellent choice for the scholarship. The "El Camino Hacia el Exito" (The Road to Success) scholarship program will continue through June 2002, offering three more scholarships worth $5,000 each.

Students will have the opportunity to apply for scholarships by accessing a questionnaire posted on the Aventuras del Camino minisite on Univision.com. The check was awarded at the Fernandez GMC-Pontiac-Buick dealership, in Dallas, Texas.

About Univision Online
Univision Online (www.univision.com) is the most popular Spanish-language internet destination in the United States. It caters to Hispanic Americans by offering them culturally relevant entertainment, news, sports and services. Univision Online provides an unparalleled experience that entertains, educates, and empowers the nation's online Hispanics by leveraging the power of America's leading Spanish-language broadcaster, the Univision TV Network. Univision Online is a wholly owned subsidiary of Univision Communications Inc. .

About e-GM
e-GM, established in August 1999, is a business unit of General Motors focused on leveraging the power of the internet to enhance experiences and relationships with customers worldwide. GM has formed a number of strategic internet alliances in addition to partnering with Univision.com, to build relationships with important groups of customers and to generate exposure for GM's websites. GM currently has alliances with AOL, Netzero, Kelly Blue Book, Edmunds, iCan, CollegeClub, ClubMom and Black Voices.