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Market Overview

The Mexico Equity and Income Fund, Inc. Announces Results of Tender Offer


The Mexico Equity and Income Fund, Inc. (NYSE:MXE) (the "Fund") today
announced that its offer to purchase up to 367,170 common shares of the
Fund at 95% of the net asset value ("NAV") per common share as
determined at the close of the regular trading session of the New York
Stock Exchange on February 23, 2018 expired at 5:00 p.m., Eastern Time
on February 23, 2018. Based on information provided by U.S. Bancorp Fund
Services, LLC, the depository for the Offer, a total of 1,960,943 shares
or approximately 26.70% of the Fund's outstanding common shares were
validly tendered. As the total number of shares tendered exceeds the
number of shares the Fund offered to purchase pursuant to the Offer, on
a pro-rated basis, approximately 18.72% of the Fund's shares tendered by
each tendering shareholder were accepted for payment. All such shares
will be accepted for payment at a price of $12.15 per share (95% of the
NAV per common share of $12.79).

For information, please contact: U.S. Bancorp Fund Services, LLC

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