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

The Mexico Equity and Income Fund, Inc. MXE (the "Fund") today announced that its offer to purchase up to 1,723,866 shares of the Fund at 99% of the net asset value ("NAV") per share as determined at the close of the regular trading session of the New York Stock Exchange on February 15, 2019 expired at 5:00 p.m., Eastern Time on February 15, 2019. Based on information provided by Broadridge, Inc., the depository for the offer, a total of 4,892,653 shares or approximately 70.95% of the Fund's outstanding shares were validly tendered. As the total number of shares tendered exceeds the number of shares the Fund offered to purchase, approximately 35.23% of the shares tendered by each tendering shareholder were accepted for payment at a price of $11.58 per share (99% of the NAV of $11.70).

For information, please contact: U.S. Bancorp Fund Services, LLC (1-877-785-0376).

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