EXHIBIT 1

            TEVECAP S.A. ANNOUNCES RESULTS OF EXCHANGE OFFER TO DATE



         SAO PAULO,  April 25, 2005 -- Tevecap S.A. (the "Company"), a major pay
television  operator in Brazil and one of the country's  primary pay  television
programming distributors,  today announced that under its current exchange offer
it has to date received exchanges from holders  representing all but $265,000 of
its 12.625%  Senior  Notes due 2004 (the  "Existing  Notes").  This  unexchanged
amount  represents  0.1% of the original  $250,000,000  principal  amount of the
Existing  Notes.  Under the  current  exchange  offer the Company is offering to
exchange an  aggregate  principal  amount of up to  US$7,273,00  of the Existing
Notes for the same  principal  amount of its 12.625%  Senior Notes due 2009. The
exchange offer for the Existing Notes expires on April 29, 2005.


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         THIS  PRESS  RELEASE  SHALL  NOT  CONSTITUTE  AN  OFFER  TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF ANY SECURITIES IN
ANY JURISDICTION.


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                This press release is dated as of April 25, 2005.