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Methanex Corporation-Notice of Cash Dividend

November 29, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 29, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announced today that its Board of Directors has declared a quarterly dividend of US $0.11 per share that will be payable on December 31, 2005 to holders of common shares of record on December 19, 2005.

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". Methanex can be visited online at


Methanex Corporation
Wendy Bach
Director, Investor Relations
(604) 661-2600 or Toll Free: 1-800-661-8851