Methanex Corporation (TSX:MX)(NASDAQ:MEOH) is pleased to announce the appointment of Benita Warmbold to its Board of Directors.

Ms. Warmbold FCPA, FCA, has a wealth of senior management experience, both financial and operational. She is currently the Senior Managing Director & Chief Financial Officer of the Canada Pension Plan Investment Board ("CPPIB"). CPPIB is a professional investment management organization responsible for investing funds on behalf of the Canada Pension Plan.

Prior to joining CPPIB, Ms. Warmbold was the Managing Director and Chief Financial Officer for Northwater Capital Management Inc. and prior to that she held senior positions with Canada Development Investment Corporation and KPMG.

Ms. Warmbold, a Canadian resident, also serves as a director of the Canadian Public Accountability Board, Queen's University Board of Trustees and Women's College Hospital.

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 Market in the United States under the trading symbol "MEOH". Methanex can be visited online at www.methanex.com.