SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934 (Amendment No. )
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[_] Preliminary Proxy Statement
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COMMISSION ONLY (AS PERMITTED BY
RULE 14A-6(E)(2))
[_] Definitive Proxy Statement
[X] Definitive Additional Materials
[_] Soliciting Material Pursuant to (S) 240.14a-11(c) or (S) 240.14a-12
THE MEXICO FUND, INC.
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(Name of Registrant as Specified In Its Charter)
THE MEXICO FUND, INC.
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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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[_] Fee paid previously with preliminary materials.
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Notes:
[LOGO APPEARS HERE] THE MEXICO FUND, INC.
January 31, 2002
Dear Fellow Shareholder:
You should have recently received the proxy statement for The Mexico Fund, Inc.
annual meeting scheduled to be held on March 7, 2002. Your Board of Directors
urges you to review the proxy material and vote your white proxy today. At this
year's annual meeting you are being asked to vote on some very important issues.
Proposal One: Electing Nominees to Your Board
You are being asked to elect two directors to serve until the 2005 Annual
Meeting. We urge you to vote in favor of the Board's two director nominees.
Proposal Two: Adopting a Performance Component to Your Fund's Advisory Fee
In our continuing effort to further align the interests of the investment
manager with those of the Fund's shareholders, your Board of Directors is
seeking your approval to add a performance adjustment component to the advisory
fee of your Fund.
Proposal Three: Allowing Periodic Share Repurchases at 98% of Net Asset Value
In an effort to increase shareholder value, your Board of Directors is seeking
the adoption of a policy that would allow for periodic in-kind repurchases of
fund shares.
Your Vote Is Important
Please Vote Today
Finally, on the agenda is a proposal from a shareholder that is opposed by your
Board of Directors. Accordingly, your Board of Directors recommends that you
vote against proposal four on the enclosed white proxy card. Again, each of the
proposals is described in the proxy material previously sent to you. Your Board
of Directors urges you to read the proxy material and vote today.
Support Your Fund by voting the WHITE proxy card
FOR Proposals 1, 2 & 3 and AGAINST Proposal 4
Your Board of Directors appreciates your continued support.
Sincerely,
Juan Gallardo T.
Chairman of the Board
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If you have any questions on how to vote your shares,
please call our proxy solicitor:
MORROW & CO., INC. at (800) 654-2468
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WHITE PROXY CARD
THE MEXICO FUND, INC.
Proxy Solicited on Behalf of the Board of Directors for
Annual Meeting of Shareholders
The undersigned shareholder of The Mexico Fund, Inc., a Maryland
corporation (the "Fund"), hereby appoints Jose Luis Gomez Pimienta and Sander M.
Bieber and each of them proxies of the undersigned, with full power of
substitution, to vote and act in the name and stead of the undersigned at the
Annual Meeting of Shareholders of the Fund, to be held at 30 Rockefeller Plaza,
23rd Floor, New York, NY, 10112, on March 7, 2002 at 2:00 P.M., New York City
time, and at any and all adjournments thereof, according to the number of votes
the undersigned would be entitled to cast if personally present.
The shares represented by this proxy will be voted in accordance with
instructions given by the shareholder, but if no instructions are given, this
proxy will be voted in favor of proposals 1, 2 and 3 against proposal 4 as set
forth in this proxy.
The undersigned hereby revokes any and all proxies with respect to such
shares heretofore given by the undersigned. The undersigned acknowledges receipt
of the Proxy Statement dated January 23, 2002.
(Continued on reverse side)
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Please date, sign and mail your
proxy card back as soon as possible!
Annual Meeting of Shareholders
THE MEXICO FUND, INC.
March 7, 2002
Please Detach and Mail in the Envelope Provided
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A [X] Please mark your
votes as in this
example
This proxy/voting instruction card will be voted FOR proposals 1, 2 and 3 if no choice is specified.
The Board of Directors recommends a vote FOR proposals 1, 2 and 3.
FOR WITHHELD FOR AGAINST ABSTAIN
1. Election of the [_] [_] Nominees: 2. Approval of addition of a [_] [_] [_]
nominees listed Juan Gallardo T. performance fee component
at right to serve Emilio Carrillo Gamboa to the Fund's investment
as members of advisory fee.
the Fund's Board of Directors, as Class III
Directors, for a term expiring in 2005 and until 3. Approval of adoption of a [_] [_] [_]
their successors are elected and qualified: share repurchase policy
requiring the Fund, on a
For, except as marked to the contrary below: periodic basis, to offer
to repurchase in-kind Fund
______________________________________________ shares at no less than 98%
of net asset value.
This proxy/voting instruction card will be voted AGAINST
proposal 4 if no choice is specified.
The Board of Directors recommends a vote AGAINST proposal 4.
FOR AGAINST ABSTAIN
4. To consider a shareholder [_] [_] [_]
proposal that the shareholders
of the Fund recommend that the
Board of Directors expedite the
process to convert the Fund to
an open-end investment management
company.
5. In the discretion of the above named proxy holders, such
other business as may properly come before the Meeting
or any adjournment thereof.
SIGNATURE(s)________________________________________ DATED_________________
SIGNATURE(s)________________________________________
TITLE:__________________________________________
NOTE: Please sign, date and return promptly. Signature(s) should be exactly as
name or names appear on proxy. If shares are held jointly, each holder
should sign. If signing as attorney, executor, administrator, trustee or
guardian, please give full name.
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