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Methanex Corporation to Present at the Lehman Brothers Small Cap Conference

November 12, 2004

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 12, 2004) - Methanex Corporation (TSX:MX)(Nasdaq:MEOH) will be presenting at the upcoming Lehman Brothers Small Cap Conference being held November 17 through November 19, 2004 in Scottsdale, Arizona. Mr. Ian Cameron, Methanex's Senior Vice President, Finance and Chief Financial Officer, will speak to investors on Friday, November 19th at approximately 1:20 p.m. Eastern Time.

Interested participants can access a live audio webcast of the presentation and slide materials through the Company's website at www.methanex.com/investor/events.html. The webcast will last for approximately 30 minutes.

Methanex is the world's largest producer and marketer of methanol. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the Nasdaq National Market in the United States under the trading symbol "MEOH."



FOR FURTHER INFORMATION PLEASE CONTACT:

Methanex Corporation
Chris Cook
Director, Investor Relations
(604) 661-2600 or Toll-Free: 1-800-661-8851
Website: www.methanex.com