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Press release from Marketwire

Methanex Extends Credit Facility

Tuesday, July 05, 2011

Methanex Extends Credit Facility17:15 EDT Tuesday, July 05, 2011VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2011) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) has extended to June 2015 its US$200 million revolving credit facility which would have expired in May 2012. RBC Capital Markets Inc. was the Arranger for the facility.Methanex is a Vancouver-based, publicly traded company and is the world's largest 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"; on the NASDAQ Global Market in the United States under the trading symbol "MEOH"; and on the Foreign Securities Market of the Santiago Stock Exchange in Chile under the trading symbol "Methanex". Methanex can be visited online at www.methanex.com.FOR FURTHER INFORMATION PLEASE CONTACT: Director, Investor RelationsJason CheskoMethanex Corporation604 661 2600 or Toll-Free: 1 800 661 8851www.methanex.com