FOR: The Mexico Fund, Inc. CONTACT: Eduardo Solano

The Mexico Fund, Inc.

011-52-55-5282-8900

CONTACT: Patricia Baronowski Pristine Advisers, LLC (631) 756-2486

FOR IMMEDIATE RELEASE

THE MEXICO FUND, INC. ANNOUNCES 2012 ANNUAL MEETING OF STOCKHOLDERS

Washington, D.C., January 12, 2012 -- The Mexico Fund, Inc. (NYSE: MXF)

announced today that it will conduct its Annual Meeting of Stockholders on March 7,

2012, for stockholders of record as of the close of business on February 1, 2012. The meeting will be held at 9:30 am CST at the Boardroom of The St. Regis Houston Hotel, on the Mezzanine Level, located at 1919 Briar Oaks Lane, Houston, Texas, 77027.

For further information, contact Eduardo Solano, the Fund's Investor Relations Vice President, at 011-52-55-5282-8900, or by email at investor- relations@themexicofund.com.

The Mexico Fund, Inc. is a non-diversified closed-end management investment company with the investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The Fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon the Fund's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward- looking statements including, in particular, the risks and uncertainties described in the Fund's filings with the Securities and Exchange Commission. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Fund undertakes no obligation to release publicly any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by The Mexico Fund or any other person that the events or circumstances described in such statement are material.

END OF PRESS RELEASE

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