The Mexico Equity and Income Fund, Inc. Announces Results of Tender Offer

NEW YORK–(BUSINESS WIRE)–The Mexico Equity and Income Fund, Inc. (NYSE: MXE) (the “Fund”) today
announced that its offer to purchase up to 1,723,866 shares of the Fund
at 99% of the net asset value (“NAV”) per share as determined at the
close of the regular trading session of the New York Stock Exchange on
February 15, 2019 expired at 5:00 p.m., Eastern Time on February 15,
2019. Based on information provided by Broadridge, Inc., the depository
for the offer, a total of 4,892,653 shares or approximately 70.95% of
the Fund’s outstanding shares were validly tendered. As the total number
of shares tendered exceeds the number of shares the Fund offered to
purchase, approximately 35.23% of the shares tendered by each tendering
shareholder were accepted for payment at a price of $11.58 per share
(99% of the NAV of $11.70).

For information, please contact: U.S. Bancorp Fund Services, LLC
(1-877-785-0376).

Contacts

U.S. Bancorp Fund Services, LLC
John Buckel, 414-765-4255

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