<Page>

                        HISPANIC TELEVISION NETWORK, INC.
                          COMPUTATION OF PER SHARE LOSS
                    THREE AND SIX MONTHS ENDED JUNE 30, 2001

<Table>
<Caption>

                                                                    6/30/2001
                                  -----------------------------------------------------------------------------
                                           NO. OF SHARES              DAYS         PERCENTAGE       WEIGHTED
                                  -------------------------------
                                     ISSUED        OUTSTANDING     OUTSTANDING       OF TIME         AVERAGE
                                  ----------------------------------------------------------------------------
<S>                              <C>               <C>                  <C>           <C>          <C>
Shares Outstanding 12/31/00                         90,822,587           11             6.1%         5,519,605

Shares Issued:
                     1/11/01       1,000,000        91,822,587            5             2.8%         2,536,536
                     1/16/01       2,559,000        94,381,587            6             3.3%         3,128,671
                     1/22/01          40,777        94,422,364            2             1.1%         1,043,341
                     1/24/01       1,004,000        95,426,364           12             6.6%         6,326,610
                      2/5/01          54,522        95,480,886            4             2.2%         2,110,075
                      2/9/01       1,000,000        96,480,886           19            10.5%        10,127,828
                     2/28/01       6,000,000       102,480,886            5             2.8%         2,830,964
                      3/5/01       4,807,500       107,288,386           10             5.5%         5,927,535
                     3/15/01          65,303       107,353,689           17             9.4%        10,082,943
                      4/1/01           7,500       107,361,189           16             8.8%         9,490,492
                     4/17/01         132,621       107,493,810           10             5.5%         5,938,885
                     4/27/01         430,000       107,923,810            3             1.7%         1,788,792
                     4/30/01         550,000       108,473,810            1             0.6%           599,303
                      5/1/01         400,000       108,873,810            1             0.6%           601,513
                      5/2/01         400,000       109,273,810            6             3.3%         3,622,336
                      5/8/01         690,000       109,963,810            7             3.9%         4,252,744
                     5/15/01         300,000       110,263,810            1             0.6%           609,192
                     5/16/01       8,066,667       118,330,477            7             3.9%         4,576,317
                     5/23/01         196,315       118,526,792            9             5.0%         5,893,597
                      6/1/01         200,000       118,726,792            6             3.3%         3,935,695
                      6/7/01       1,450,000       120,176,792            4             2.2%         2,655,841
                     6/11/01           8,179       120,184,971            1             0.6%           664,005
                     6/12/01         800,000       120,984,971            6             3.3%         4,010,552
                     6/18/01       1,078,000       122,062,971            4             2.2%         2,697,524
                     6/22/01         996,000       123,058,971            4             2.2%         2,719,535
                     6/26/01       1,200,000       124,258,971            2             1.1%         1,373,027
                     6/28/01         280,000       124,538,971            2             1.1%         1,376,121
                                --------------                  ----------------------------------------------
                                  33,716,384                            181           100.0%       106,439,579
                                ==============                  ==============================================


                                                  NET LOSS                                         (13,263,503)
                                                  Weighted Avg No. of Outstanding Shares           106,439,579
                                                                                           --------------------
                                                                                                         (0.12)
</Table>

<Table>
<Caption>

                                                           6/30/01
                    --------------------------------------------------------------------------
                             NO. OF SHARES              DAYS         PERCENTAGE       WEIGHTED
                    -------------------------------
                       ISSUED        OUTSTANDING     OUTSTANDING       OF TIME         AVERAGE
                    --------------------------------------------------------------------------

<S>                  <C>             <C>                 <C>         <C>           <C>
Shares Outstanding   3/31/01         107,353,689          1            1.1%          1,179,711

Shares Issued:
          1/11/01                                                      0.0%                  0
          1/16/01                                                      0.0%                  0
          1/22/01                                                      0.0%                  0
          1/24/01                                                      0.0%                  0
           2/5/01                                                      0.0%                  0
           2/9/01                                                      0.0%                  0
          2/28/01                                                      0.0%                  0
           3/5/01                                                      0.0%                  0
          3/15/01                                                      0.0%                  0
           4/1/01        7,500       107,361,189         16           17.6%         18,876,693
          4/17/01      132,621       107,493,810         10           11.0%         11,812,507
          4/27/01      430,000       107,923,810          3            3.3%          3,557,928
          4/30/01      550,000       108,473,810          1            1.1%          1,192,020
           5/1/01      400,000       108,873,810          1            1.1%          1,196,415
           5/2/01      400,000       109,273,810          6            6.6%          7,204,867
           5/8/01      690,000       109,963,810          7            7.7%          8,458,755
          5/15/01      300,000       110,263,810          1            1.1%          1,211,690
          5/16/01    8,066,667       118,330,477          7            7.7%          9,102,344
          5/23/01      196,315       118,526,792          9            9.9%         11,722,430
           6/1/01      200,000       118,726,792          6            6.6%          7,828,140
           6/7/01    1,450,000       120,176,792          4            4.4%          5,282,496
          6/11/01        8,179       120,184,971          1            1.1%          1,320,714
          6/12/01      800,000       120,984,971          6            6.6%          7,977,031
          6/18/01    1,078,000       122,062,971          4            4.4%          5,365,405
          6/22/01      996,000       123,058,971          4            4.4%          5,409,186
          6/26/01    1,200,000       124,258,971          2            2.2%          2,730,966
          6/28/01      280,000       124,538,971          2            2.2%          2,737,120
                  --------------                 ---------------------------------------------
                    17,185,282                           91          100.0%        114,166,418
                  ==============                 =============================================


                                     NET LOSS                                       (7,278,036)
                                     Weighted Avg No. of Outstanding Shares        114,166,418
                                                                                 --------------
                                                                                         (0.06)

</Table>

Potentially dilutive securities totaling 22,605,823 additional shares of common
stock resulting from the conversion or exercise of preferred stock, stock
options and warrants are not included in the calculation as the effect is
antidilutive. This computation calculates Goff Moore warrants at 10% of the
fully diluted shares.