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THE MEXICO FUND, INC., DECLARES DIVIDEND

 MEXICO CITY, Dec. 2 /PRNewswire/ -- The Mexico Fund, Inc. (NYSE: MXF), a closed-end investment company investing in Mexican securities, announced that its Board of Directors yesterday declared a cash dividend of 27.6 cents per share payable on Jan. 31, 1994 to shareholders of record on Dec. 29, 1993. The dividend is comprised of approximately 12.27 cents of net investment income and approximately 15.33 cents of long term capital gain.
 Shareholders enrolled in the Dividend Reinvestment Plan will receive their distribution in shares of common stock of the Fund.
 Shareholders whose dividend distributions are subject to withholding of U.S. or Mexican taxes by the Fund will receive cash or shares, as the case may be, net of the amounts withheld.
 The full amount of the dividend, whether received in cash or in additional shares of the Fund pursuant to the Fund's Dividend Reinvestment Plan, will be reportable by U.S. taxpayers on their Federal income tax returns and may be subject to applicable state and local taxes.
 -0- 12/2/93
 /CONTACT: Jose Luis Gomez Pimienta, President of The Mexico Fund, Inc. (in Mexico), 011-52-5-280-1636/


CO: The Mexico Fund, Inc. ST: IN: FIN SU: DIV

SH-TW -- NY028 -- 9728 12/02/93 10:45 EST
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Publication:PR Newswire
Date:Dec 2, 1993
Words:207
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