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2005 News Releases
November 29, 2005

Methanex Corporation-Notice of Cash Dividend
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...

November 16, 2005

Methanex Announces Significant Milestone for Egyptian Methanol Project
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 16, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announces that the first formal shareholder and board meetings of Egyptian Methanex Methanol Company S.A.E. ("EMethanex"), an Egyptian Free Zone company which is a joint venture between Methanex and Egyptian Petrochemicals Holding Company ("EChem"), were held today in...

October 31, 2005

Methanex to Webcast Investor Conference on November 7, 2005
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 31, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) will be hosting an Investor Conference on November 7, 2005. The event will be webcast and will commence at 12:55 PM EST and will end at approximately 4:00 PM EST. The live or archived webcast can be accessed through the Company's website at www.methanex.com. Methanex...

October 27, 2005

Methanex Reports Third Quarter Earnings
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 26, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) recorded income before unusual items (after-tax) of US$24.2 million (US$0.21 diluted per share) for the third quarter of 2005. After unusual items related to costs to permanently shut down its Kitimat site and a one-time charge in connection with new retroactive tax...

September 29, 2005

Methanex to Advance the Shut Down of Two High Cost Methanol Plants
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 29, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announced today that it plans to permanently cease production of methanol and ammonia at its Kitimat site on November 1, 2005, approximately two months earlier than the previously announced closure date of early January 2006. This is as a result of an agreement reached...

September 20, 2005

Methanex Kitimat to Provide Terminalling Services to EnCana
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 20, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) has entered into an agreement to provide terminalling services to EnCana at Methanex's Kitimat, British Columbia site. EnCana advises that it plans to import diluent through this terminal for use in its oilsands projects in Alberta. In addition, the agreement...

August 30, 2005

Methanex Announces Plans to Close Kitimat Plant
VANCOUVER, BRITISH COLMBIA--(CCNMatthews - Aug. 30, 2005) - Methanex (TSX:MX)(NASDAQ:MEOH) President and CEO Bruce Aitken announced today that Methanex plans to close its Kitimat facilities in early January 2006. During an employee briefing in Kitimat today, Mr. Aitken informed employees that it was no longer economically viable to continue to operate the methanol...

July 28, 2005

Methanex Announces Sale of US$150 Million of 10 Year Notes
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 28, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announced today that it has entered into an underwriting agreement with ABN AMRO Incorporated, BNP Paribas Securities Corp., CIBC World Markets Corp. and RBC Capital Markets Corporation for the issue and sale of 6.00% senior notes due August 15, 2015 in an aggregate...

July 21, 2005

Methanex Corporation-Notice of Cash Dividend
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 21, 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 September 30, 2005 to holders of common shares of record on September 16, 2005. Methanex is the world's largest producer and marketer of...

July 21, 2005

Methanex Announces US$150 Million Debt Issue
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 21, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) has filed with the British Columbia Securities Commission a preliminary short form prospectus providing for the issuance of senior notes due 2015 in an aggregate principal amount of US$150 million. The prospectus was also filed with the U.S. Securities and Exchange...

July 20, 2005

Methanex Generates Strong Earnings and Cash Flows in Second Quarter
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 20, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) recorded net income of US$62.9 million (US$0.53 diluted net income per share) and generated EBITDA(1) of US$119.6 million for the second quarter ended June 30, 2005. This compares with net income of US$52.4 million (US$0.42 diluted net income per share) and EBITDA of...

July 04, 2005

Methanex's New Chile IV Plant Reaches 85% Production; Update on Gas Restrictions
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 4, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announces that its new 840,000 tonnes per year Chile IV methanol plant has reached its "technical production" milestone. This means that the plant produced on-specification methanol at a rate of 85% of its design capacity. Methanex's President and C.E.O., Mr. Bruce...

June 20, 2005

Methanex Advises of Gas Curtailments from Argentina
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 20, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) advises that production from its Chilean methanol plants has been disrupted by curtailments of natural gas supply from Argentina. During 2004 Methanex lost approximately 50,000 tonnes of methanol production, or less than one percent of its total 2004 global...

June 06, 2005

Methanex Improves Financial Strength and Flexibility with New Five-Year Banking Facility
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 6, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) has arranged a US$250 million five-year revolving credit facility with a syndicate of banks. This new facility replaces the Company's existing three-year US$250 million revolver, which would have expired at the end of 2006, and improves the Company's financial strength...

May 26, 2005

Methanex Corporation to Present at the Scotia Capital Materials Conference
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 26, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) will be presenting at the upcoming Scotia Capital Materials Conference being held June 1st & 2nd, 2005 in Toronto, ON. Mr. Ian Cameron, Methanex's Senior Vice President and Chief Financial Officer, will speak to investors on June 2nd at approximately 1:10 p.m. Eastern...

May 05, 2005

Methanex Announces 37.5% Increase in Quarterly Dividend and new 5% Share Buy-Back Program
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH MAY 5, 2005 - 13:15 ET Methanex Announces 37.5% Increase in Quarterly Dividend and new 5% Share Buy-Back Program VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 5, 2005) - Methanex Corporation...

April 29, 2005

Methanex to Webcast Annual General Meeting-May 5, 2005
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH APRIL 29, 2005 - 16:15 ET Methanex to Webcast Annual General Meeting-May 5, 2005 VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 29, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) will webcast its...

April 28, 2005

Methanex Delivers Higher Earnings and Cash Flows
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH APRIL 28, 2005 - 07:01 ET Methanex Delivers Higher Earnings and Cash Flows VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 28, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) recorded net income of...

February 11, 2005

Methanex Corporation to Present at the CIBC Institutional Investor Conference
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH FEBRUARY 11, 2005 - 16:15 ET Methanex Corporation to Present at the CIBC Institutional Investor Conference VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 11, 2005) - Methanex Corporation...

January 27, 2005

Methanex Corporation-Notice of Cash Dividend
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH JANUARY 27, 2005 - 16:30 ET Methanex Corporation-Notice of Cash Dividend VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 27, 2005) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH) announced today that its...

January 26, 2005

Methanex Completes Highly Profitable Year-Momentum into 2005 Remains Strong
NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: METHANEX CORPORATION TSX SYMBOL: MX NASDAQ SYMBOL: MEOH JANUARY 26, 2005 - 22:18 ET Methanex Completes Highly Profitable Year-Momentum into 2005 Remains Strong VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 26, 2005) - Methanex Corporation...

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