HispanicBusiness

12. Subsequent Event:

In a prior period, the Company made a commitment to fund 50% of the cost of certain exploratory hydrocarbon wells in New Zealand. As at March 31, 2013, the Company had incurred approximately $15 million of costs related to this arrangement which were recorded on the Consolidated Statement of Financial Position as oil and gas properties in Other Assets. The Company has no future commitments under these arrangements. In April 2013 the operator of the drilling program announced their intention to abandon one of the wells. At the date of this report the Company has not had the opportunity to analyze the operator's data from the drilling program. During the second quarter of 2013, the Company will evaluate whether an event has occurred which would require a re-assessment of the carrying value of the investment.

Methanex CorporationQuarterly History (unaudited)                                       Q1 2013----------------------------------------------METHANOL SALES VOLUMES(thousands of tonnes)Methanex-produced                        1,024Purchased methanol                         588Commission sales (1)                       219----------------------------------------------                                         1,831----------------------------------------------METHANOL PRODUCTION(thousands of tonnes)Chile                                       55New Zealand                                309Atlas, Trinidad (63.1%)                    248Titan, Trinidad                            181Egypt (60%)                                133Medicine Hat                               131----------------------------------------------                                         1,057----------------------------------------------AVERAGE REALIZED METHANOL PRICE (2)  ($/tonne)                                412  ($/gallon)                              1.24PER SHARE INFORMATION ($ per share) (3)Basic net income (loss)                   0.64Diluted net income (loss)                 0.63Adjusted diluted net income (4)                               0.92Methanex CorporationQuarterly History (unaudited)                               2012        Q4        Q3         Q2        Q1----------------------------------------------------------------------------METHANOL SALES VOLUMES(thousands of tonnes)Methanex-produced             4,039     1,059     1,053      1,001       926Purchased methanol            2,565       664       641        569       691Commission sales (1)            855       176       205        276       198----------------------------------------------------------------------------                              7,459     1,899     1,899      1,846     1,815----------------------------------------------------------------------------METHANOL PRODUCTION(thousands of tonnes)Chile                           313        59        59         82       113New Zealand                   1,108       378       346        210       174Atlas, Trinidad (63.1%)         826       180       255        264       127Titan, Trinidad                 786       189       186        196       215Egypt (60%)                     557       129        62        164       202Medicine Hat                    481       132       117        118       114----------------------------------------------------------------------------                              4,071     1,067     1,025      1,034       945----------------------------------------------------------------------------AVERAGE REALIZED METHANOL PRICE (2)  ($/tonne)                     382       389       373        384       382  ($/gallon)                   1.15      1.17      1.12       1.15      1.15PER SHARE INFORMATION ($ per share) (3)Basic net income (loss)       (0.73)    (1.49)    (0.03)      0.56      0.24Diluted net income (loss)     (0.73)    (1.49)    (0.03)      0.50      0.23Adjusted diluted net income (4)                    1.90      0.64      0.38       0.47      0.41Methanex CorporationQuarterly History (unaudited)                                2011        Q4        Q3        Q2        Q1----------------------------------------------------------------------------METHANOL SALES VOLUMES(thousands of tonnes)Methanex-produced              3,853     1,052       983       970       848Purchased methanol             2,815       644       672       664       835Commission sales (1)             846       208       235       231       172----------------------------------------------------------------------------                               7,514     1,904     1,890     1,865     1,855----------------------------------------------------------------------------METHANOL PRODUCTION(thousands of tonnes)Chile                            554       113       116       142       183New Zealand                      830       211       209       207       203Atlas, Trinidad (63.1%)          891       195       170       263       263Titan, Trinidad                  711       180       224       186       121Egypt (60%)                      532       132       191       178        31Medicine Hat                     329       130       125        74         -----------------------------------------------------------------------------                               3,847       961     1,035     1,050       801----------------------------------------------------------------------------AVERAGE REALIZED METHANOL PRICE (2)  ($/tonne)                      374       388       377       363       367  ($/gallon)                    1.12      1.17      1.13      1.09      1.10PER SHARE INFORMATION ($ per share) (3)Basic net income (loss)         2.16      0.69      0.67      0.44      0.37Diluted net income (loss)       2.06      0.68      0.59      0.43      0.37Adjusted diluted net income (4)                     1.93      0.69      0.43      0.41      0.39(1) Commission sales represent volumes marketed on a commission basisrelated to the 36.9% of the Atlas methanol facility and 40% of the Egyptmethanol facility that we do not own.(2) Average realized price is calculated as revenue, excluding commissionsearned and the Egypt non-controlling interest share of revenue but includingan amount representing our share of Atlas revenue, divided by the totalsales volumes of Methanex-produced (attributable to Methanex shareholders)and purchased methanol.(3) Per share information calculated using amounts attributable to Methanexshareholders.(4) This item is a non-GAAP measure that does not have any standardizedmeaning prescribed by GAAP and therefore is unlikely to be comparable tosimilar measures presented by other companies. Refer to the AdditionalInformation - Supplemental Non-GAAP Measures section for a description ofthe non-GAAP measure and reconciliation to the most comparable GAAP measure.