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MEXICO FUND INC Director's Dealing 2010

Jun 8, 2010

33386_dirs_2010-06-08_8bee81e9-4231-4b41-b1ee-de8a3122a275.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXICO FUND INC (MXF)
CIK: 0000065433
Period of Report: 2009-10-05

Reporting Person: Gomez Pimienta Jose Luis (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-10-05 Common Stock S 71260 $22.49 Disposed 93059 Indirect

Footnotes

F1: The shares listed under Item 4 of Table 1 were disposed of through participation in the issuer's in-kind tender offer, which commenced September 3, 2009 and expired October 5, 2009. Based on the applicable guidance, the shares tendered by Impulsora del Fondo Mexico, S.C. are treated as having been disposed of on October 5, 2009, the date on which withdrawal rights terminated with respect to the in-kind tender offer.

      This Form 4 is filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended ("Exchange Act"), to report the disposition of 71,260 shares by Impulsora del Fondo Mexico, S.C. ("Impulsora"), the Issuer's Investment Adviser, which may be attributable to Mr. Gomez Pimienta, as a result of Exchange Act Rule 16a-1(a)(2)(iii).  Mr. Gomez Pimienta is the President and Chief Executive Officer of Impulsora and owns almost 25% of its capital. Nevertheless, pursuant to Exchange Act Rule 16a-1(a)(4), Mr. Gomez Pimienta disclaims beneficial ownership