MEXICO FUND INC MXF

expiry = 2002-06-07...epurchase Up to 100% of the Fund's Issued and Outstanding Shares of Common Stock at 98% of Net Asset Value, In Exchange for Portfolio Securities of the Fund THE REPURCHASE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON FRIDAY, JUNE 7, 2002, UNLESS THE REPURCHASE OFFER IS EXTENDED. THE REPURCHASE OFFER IS BEING MADE PURSUANT TO THE REPURCHASE OFFER STATEMENT, DATED MAY 8, 2002, BY THE MEXICO FUND, INC. (THE "FUND"). THE BOARD OF DIRECTORS OF THE FUND HAS UNANIMOUSLY APPROVED...

listed = True...ed by the Fund's investment adviser and the high and low sales prices per share of the Fund as reported by the New York Stock Exchange and the amount of any income dividends and distributions of realized capital gains paid per share during each period. Shares are traded on the New York Stock Exchange under the symbol "MXF." Net Dividend Gross Dividend NAV Market Price Distribution Distributions ------------- --------------- --------------- --------------- High Low High Low Income Capital Income Capital ------ ------ ------- ------- ------- ------- ------- ------- Fiscal 2000 1st quarter $25.10 $19.71 $14.438 $14.250 $0.0154 $ -- $0.0...

mechanism = NAV_PERCENT...s associated with establishment of the Mexican Account to receive the Portfolio Securities plus fees, expenses and brokerage commissions associated with the disposal or retention of such Portfolio Securities. The fact that Fund shares are being repurchased at 98% of the net asset value per share reflects that all redemptions effected by the Fund pursuant to the Repurchase Offer will bear the administrative costs and expenses incurred in transferring Portfolio Securities from the Fund to the participating shareholder. The Fund estimates that expenses related to the Repurchase Offer will be $700,000 including legal, accounting, fi...

txn_type = TENDER_OFFER...,273,739 -------- (1) Based on the net asset value per Fund share of $20.67 on April 30, 2002. 11 On the other hand, because the proceeds of the Repurchase Offer are Portfolio Securities, the Fund will not experience the typical effects associated with a cash tender offer including the attendant risks of declining net asset value because of significant market pressure to dispose of securities, increased Fund brokerage and related transaction expenses, and the realization of capital gains by the Fund accompanying the liquidation of portfolio securities for cash. Participation in the Repurchase Offer will,...

txn_type = TENDER_OFFER...r assistance or for copies of the Repurchase Offer Statement, Letter of Transmittal, and any other Repurchase Offer documents should be directed to the Information Agent for the Repurchase Offer, Morrow & Co., Inc. at 800-607-0088. This announcement is not an offer to purchase nor a solicitation of an offer to sell shares of the Fund. The Repurchase Offer is made only by the Repurchase Offer Statement and the related Letter of Transmittal. Holders of Fund shares are urged to read these documents carefully because they contain important information. These and other filed documents are available to investors fre...