Methonex (MEOH)

[GreyGoose_69]

Methanex has a strong balance sheet with $300 million of cash on hand and an undrawn credit
facility. We believe Methanex is well positioned to continue investing in order to expand the company.
Methanex should be in a stronger position to build an excellent track record of returning excess cash
to shareholders. It also increased its dividend six times since implementing it in 2002, and has
reduced the number of shares outstanding from 173 million in 2000 to the current level of 93 million.