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Methanex Corporation-Notice of Cash Dividend

July 14, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2011) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) announced today that its Board of Directors has declared a quarterly dividend of US$0.17 per share that will be payable on September 30, 2011 to holders of common shares of record on September 16, 2011.

Methanex is a Vancouver-based, publicly traded company and is the world's largest supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX"; on the NASDAQ Global Market in the United States under the trading symbol "MEOH"; and on the Foreign Securities Market of the Santiago Stock Exchange in Chile under the trading symbol "Methanex". Methanex can be visited online at www.methanex.com.



FOR FURTHER INFORMATION PLEASE CONTACT:

Methanex Corporation
Jason Chesko
Director, Investor Relations
604-661-2600 or Toll-Free: 1-800-661-8851

Methanex Corporation
Investor Relations
604-661-2600 or Toll-Free: 1-800-661-8851
www.methanex.com