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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of August, 2005
Commission File Number 1-12090
GRUPO RADIO CENTRO, S.A. de C.V.
(Translation of registrant's name into English)
Constituyentes 1154, Piso 7
Col. Lomas Altas, Mexico D.F. 11950
(Address of principal executive office)
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 if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):______
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):______
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby 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 12g3-2(b): 82-_______________.
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PRESS
RELEASE
IR Contacts:
In Mexico:
Pedro Beltran / Alfredo Azpeitia.
Grupo Radio Centro. S.A. de C.V.
Tel. (5255) 5728-4800 Ext. 7018
In New York:
Maria Barona
Peter Majeski
i-advize Corporate
Communications, Inc.
Tel: (212) 406-3690
Email: grc@i-advize.com
FOR IMMEDIATE RELEASE
AUGUST 11, 2005
MEXICAN CIVIL JUDGE UPHOLDS
ARBITRATION AWARD AGAINST GRUPO RADIO CENTRO
-GRUPO RADIO CENTRO TO CHALLENGE COURT DECISION-
Mexico City, August 11, 2005, Grupo Radio Centro, S.A. de C.V. (BMV: RCENTRO-A,
NYSE: RC), Mexico's leading radio broadcasting company, announced today that a
Mexican court confirmed the validity of the arbitration award issued on January
30, 2004 against Grupo Radio Centro by an arbitration panel established under
the rules of the International Chamber of Commerce. This ruling overturns the
November 11, 2004 decision by another Mexican court to set aside the award. The
new ruling is subject to further judicial review, and Grupo Radio Centro intends
to contest the ruling vigorously. Grupo Radio Centro is not obligated to pay the
award until its rights to Mexican judicial review have been exhausted.
COMPANY DESCRIPTION:
Grupo Radio Centro owns and/or operates 14 radio stations, 11 of which are
located in Mexico City. The Company's principal activities are the production
and broadcasting of musical and entertainment programs, talk shows, news and
special events programs. Revenue is primarily derived from the sale of
commercial airtime. The Company also operates a radio network, Organizacion
Impulsora de Radio, which acts as the national sales representative for, and
provides programming to, Grupo Radio Centro-affiliated radio stations.
NOTE ON FORWARD-LOOKING STATEMENTS: This release may contain projections or
other forward-looking statements related to Grupo Radio Centro that involve
risks and uncertainties. Readers are cautioned that these statements are only
predictions and may differ materially from actual future results or events.
Readers are referred to the documents filed by Grupo Radio Centro with the
United States Securities and Exchange Commission, specifically the most recent
filing on Form 20-F which identifies important risk factors that could cause
actual results to differ from those contained in the forward-looking statements.
All forward-looking statements are based on information available to Grupo Radio
Centro on the date hereof, and Grupo Radio Centro assumes no obligation to
update such statements.
SIGNATURES
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.
Date: August 11, 2005
GRUPO RADIO CENTRO, S.A. DE C.V.
By: /s/ Pedro Beltran Nasr
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Name: Pedro Beltran Nasr
Title: Chief Financial Officer