Methanex has more than $1 billion invested in its Chilean methanol production facilities, making it one of the largest corporate investors in the country. Its plant site is located in the south of Chile with sales and marketing offices in Santiago.

Methanex's extensive methanol production facilities are located at Cabo Negro, near the city of Punta Arenas in the heart of Chile's petroleum and gas producing region. The facilities give Methanex its largest low-cost production hub. Its four methanol plants have a combined annual capacity of 3.8 million tonnes, and produce approximately 10% of the world market. With a workforce (direct and indirect) of approximately 450 people, the strategically situated plant site enables Methanex to ship methanol by tanker to all its major markets in Asia, South and North America, Europe and South Africa.

As of May 3, 2007 Methanex shares are offered for trading on the Foreign Securities Market of the Santiago Stock Exchange of Chile. The shares trade in United States dollars under the trading symbol "Methanex". For more information about Methanex in Chile (en español) please visit www.methanex.cl.

For more information about Methanex in Chile, please contact:

Sales, Marketing & Customer services:

Methanex Chile Limited Agencia en Chile
Apoquindo 3200, 5° Piso
Las Condes, Santiago
Chile

T: +56 2 374 4000
F: +56 2 374 4088

Manufacturing services:

Cape Horn Site
Km 28th North
Punta Arenas
Chile

T: +56 61 202 200
F: +56 61 202 451