Methanex Announces a 9% Dividend Increase

VANCOUVER, British Columbia, April 24, 2019 (GLOBE NEWSWIRE) -- Methanex Corporation (the "Company" or "Methanex") MX MEOH announced today that its Board of Directors has approved a nine percent increase in its quarterly dividend to US$0.36 per share from US$0.33 per share. The increased dividend will apply to the dividend payable on June 30, 2019 to holders of common shares of record on June 16, 2019.

Methanex is a Vancouver-based, publicly traded company and is the world's largest producer and 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" and on the NASDAQ Global Select Market in the United States under the trading symbol "MEOH".  Methanex can be visited online at www.methanex.com.

For further information, contact:

Kim Campbell

Manager, Investor Relations

Methanex Corporation

604 661-2600 or Toll Free: 1 800 661 8851

www.methanex.com