-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L4Q2LxbHHkcgvKyrfcb538Y2GmuA18hEXfHT+lJ1YAAmtjq90MCyXzSryed67inK L/Ercwq74l6RcLk+R0Kzkw== 0000950136-01-501046.txt : 20021127 0000950136-01-501046.hdr.sgml : 20021127 20010801171721 ACCESSION NUMBER: 0000950136-01-501046 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010801 GROUP MEMBERS: ANDREW PEGGE GROUP MEMBERS: COLIN KINGSNORTH GROUP MEMBERS: LAXEY INVESTORS LIMITED GROUP MEMBERS: THE VALUE CATALYST FUND LIMITE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEXICO FUND INC CENTRAL INDEX KEY: 0000065433 IRS NUMBER: 133069854 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-33228 FILM NUMBER: 01695471 BUSINESS ADDRESS: STREET 1: 1775 EYE STREET NW CITY: WASHINGTON STATE: DC ZIP: 20006-2401 BUSINESS PHONE: 2026263300 MAIL ADDRESS: STREET 1: 77 ARISTOTELES STREET 3RD FLOOR STREET 2: POLANCO D F 11560 CITY: MEXICO FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VALUE CATALYST FUND LTD CENTRAL INDEX KEY: 0001126078 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS MAIL ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS SC 13D 1 file001.txt SCHEDULE 13D ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0145 ------------------------------ Expires: October 31, 2002 ------------------------------ Estimated average burden hours per response. . . 14.9 ------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ______)* THE MEXICO FUND, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $1.00 Par Value - -------------------------------------------------------------------------------- (Title of Class of Securities) 592835102 - -------------------------------------------------------------------------------- (CUSIP Number) Andrew Pegge Jeffry S. Hoffman Laxey Partners Limited Swidler Berlin Shereff Friedman, LLP Stanley House The Chrysler Building 7-9 Market Hill 405 Lexington Avenue Douglas New York, NY 10174 Isle of Man IM1 2BF (212) 891-9260 011 44 1624 629365 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 31, 2001 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 SCHEDULE 13D - -------------------------------------------------------------------------------- CUSIP No. 592835102 - ---------- --------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) THE VALUE CATALYST FUND LIMITED NO I.R.S. IDENTIFICATION NO - ---------- --------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [X] (See Instructions) (b) [ ] - ---------- --------------------------------------------------------------------- 3) SEC Use Only - ---------- --------------------------------------------------------------------- 4) Source of Funds (See Instructions) 00 - ---------- --------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required [ ] Pursuant to Items 2(d) or 2(e) - ---------- --------------------------------------------------------------------- 6) Citizenship or Place of Organization CAYMAN ISLANDS - ---------- --------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- --------------------------------------------------- Shares 8) Shared Voting Power Beneficially 1,250,900 SHARES Owned by ------- --------------------------------------------------- Each 9) Sole Dispositive Power Reporting O Person ------- --------------------------------------------------- with 10) Shared Dispositive Power 1,250,900 SHARES - ---------- --------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,250,900 SHARES - ---------- --------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- --------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 2.7% - ---------- --------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - ---------- --------------------------------------------------------------------- *Not registered under the Investment Company Act of 1940. 3 - -------------------------------------------------------------------------------- CUSIP No. 592835102 - ---------- --------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) LAXEY INVESTORS LIMITED NO I.R.S. IDENTIFICATION NO - ---------- --------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [X] (See Instructions) (b) [ ] - ---------- --------------------------------------------------------------------- 3) SEC Use Only - ---------- --------------------------------------------------------------------- 4) Source of Funds (See Instructions) 00 - ---------- --------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required [ ] Pursuant to Items 2(d) or 2(e) - ---------- --------------------------------------------------------------------- 6) Citizenship or Place of Organization BRITISH VIRGIN ISLANDS - ---------- --------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- --------------------------------------------------- Shares 8) Shared Voting Power Beneficially 1,114,900 SHARES Owned by ------- --------------------------------------------------- Each 9) Sole Dispositive Power Reporting O Person ------- --------------------------------------------------- with 10) Shared Dispositive Power 1,114,900 SHARES - ---------- --------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,114,900 SHARES - ---------- --------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- --------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 2.4% - ---------- --------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - ---------- --------------------------------------------------------------------- *Not registered under the Investment Company Act of 1940. 4 - -------------------------------------------------------------------------------- CUSIP No. 592835102 - ---------- --------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) LAXEY PARTNERS LIMITED NO I.R.S. IDENTIFICATION NO - ---------- --------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [X] (See Instructions) (b) [ ] - ---------- --------------------------------------------------------------------- 3) SEC Use Only - ---------- --------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - ---------- --------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required [ ] Pursuant to Items 2(d) or 2(e) - ---------- --------------------------------------------------------------------- 6) Citizenship or Place of Organization ISLE OF MAN - ---------- --------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- --------------------------------------------------- Shares 8) Shared Voting Power Beneficially 2,365,800 SHARES Owned by ------- --------------------------------------------------- Each 9) Sole Dispositive Power Reporting O Person ------- --------------------------------------------------- with 10) Shared Dispositive Power 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- --------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.1% - ---------- --------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - ---------- --------------------------------------------------------------------- *Not registered under the Investment Company Act of 1940. 5 - -------------------------------------------------------------------------------- CUSIP No. 592835102 - ---------- --------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) COLIN KINGSNORTH - ---------- --------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [X] (See Instructions) (b) [ ] - ---------- --------------------------------------------------------------------- 3) SEC Use Only - ---------- --------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - ---------- --------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required [ ] Pursuant to Items 2(d) or 2(e) - ---------- --------------------------------------------------------------------- 6) Citizenship or Place of Organization BRITISH - ---------- --------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- --------------------------------------------------- Shares 8) Shared Voting Power Beneficially 2,365,800 SHARES Owned by ------- --------------------------------------------------- Each 9) Sole Dispositive Power Reporting O Person ------- --------------------------------------------------- with 10) Shared Dispositive Power 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- --------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.1% - ---------- --------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IN - ---------- --------------------------------------------------------------------- 6 - -------------------------------------------------------------------------------- CUSIP No. 592835102 - ---------- --------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) ANDREW PEGGE - ---------- --------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [X] (See Instructions) (b) [ ] - ---------- --------------------------------------------------------------------- 3) SEC Use Only - ---------- --------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - ---------- --------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required [ ] Pursuant to Items 2(d) or 2(e) - ---------- --------------------------------------------------------------------- 6) Citizenship or Place of Organization BRITISH - ---------- --------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- --------------------------------------------------- Shares 8) Shared Voting Power Beneficially 2,365,800 SHARES Owned by ------- --------------------------------------------------- Each 9) Sole Dispositive Power Reporting O Person ------- --------------------------------------------------- with 10) Shared Dispositive Power 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,365,800 SHARES - ---------- --------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- --------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 5.1% - ---------- --------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IN - ---------- --------------------------------------------------------------------- 7 ITEM 1. SECURITY AND ISSUER This statement relates to the shares of common stock, $1.00 par value, ("Common Stock") of THE MEXICO FUND, INC., a Maryland corporation ("Fund" or "Issuer"). The address of the principal executive office of the Fund is 1775 Eye Street, N.W., Washington, D.C., 20006-2401. ITEM 2. IDENTITY AND BACKGROUND This statement is being filed jointly by (i) The Value Catalyst Fund Limited, a Cayman Islands company ("Catalyst"); (ii) Laxey Investors Limited, a British Virgin Islands company ("LIL"); (iii) Laxey Partners Limited, an Isle of Man company ("Laxey"); (iv) Colin Kingsnorth, a British citizen ("Kingsnorth"); and (v) Andrew Pegge, a British citizen ("Pegge" and, collectively with Catalyst, LIL, Laxey, and Kingsnorth, the "Reporting Persons"). Catalyst is a private investment company formed in May 2000 and created to allow investors to take advantage of investment opportunities in closed-end funds and similar investment entities. The address of Catalyst's principal business and principal office is P.O. Box 309, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Islands, British West Indies. LIL is a private investment company formed in March 1999 and created to allow investors to take advantage of investment opportunities in closed-end funds and similar investment entities. The address of LIL's principal business and principal office is Akara Building, 24 De Castro Street, Wickams Cay I, Road Town, Tortola, British Virgin Islands. Laxey is the investment manager for each of Catalyst and LIL, subject to the overall control of the directors of each of these entities. Formed in November 1998, Laxey is a global active value fund manager specializing in arbitrage-led investment. The address of Laxey's principal business and principal office is Stanley House, 7-9 Market Hill, Douglas, Isle of Man 1M1 2BF. Each of Messrs. Kingsnorth and Pegge own one half of the outstanding equity of Laxey. Kingsnorth's principal occupation is that of portfolio manager and director of Laxey. His business address is 28 Chelsea Wharf, Lots Road, London, SW10 0QJ, United Kingdom. Pegge's principal occupation is also that of portfolio manager and director of Laxey and his business address is Stanley House, 7-9 Market Hill, Douglas, Isle of Man, IM1 2BF, United Kingdom. Pursuant to General Instruction C and the instructions to Item 2 of this statement, set forth below are the respective names, business addresses, principal present occupations and citizenships of the executive officers and directors or each of Catalyst, LIL and Laxey. The name, business address, present principal occupation and citizenship of each of the executive officers and directors of Catalyst are: 8 1. NAME: James McCarthy BUSINESS ADDRESS: 1000 Skokie Boulevard Suite 325 Wilmette, Illinois 60091 PRINCIPAL OCCUPATION: Director of Business Development, E*Hedge Holdings, LLC (a company specializing in the area of alternative investments) CITIZENSHIP: British 2. NAME: Jonathan D. Pollock BUSINESS ADDRESS: 19 Berkeley Street 7th Floor London W1X 5AE PRINCIPAL OCCUPATION: Portfolio Manager, Stonington Management Corporation (the management company for Elliot Associates, L.P. and Westgate International, L.P.) CITIZENSHIP: United States 3. NAME: Elizabeth Tansell BUSINESS ADDRESS: Samuel Harris House St. George's Street Douglas Isle of Man IM99 1EZ PRINCIPAL OCCUPATION: Managing Director of BoE International Services Limited (a fund administration company) CITIZENSHIP: British The name, business address, present principal occupation and citizenship of each of the executive officers and directors of LIL are as follows: 1. NAME: Colin Kingsnorth (See above for all other information) 2. NAME: Andrew Pegge (See above for all other information) 3. NAME: Elizabeth Tansell (See above for all other information) The name, business address, present principal occupation and citizenship of each of the executive officers and directors of Laxey are as follows: 1. NAME: Colin Kingsnorth (See above for all other information) 2. NAME: Andrew Pegge (See above for all other information) 9 3. NAME: Andrew Leasor BUSINESS ADDRESS: 28 Chelsea Wharf Lots Road London SW 10 0QJ United Kingdom PRINCIPAL OCCUPATION: Marketing Director and Director, Laxey CITIZENSHIP: British 4. NAME: Andrew Baker (Director of Laxey) BUSINESS ADDRESS: 15-19 Athol Street Douglas Isle of Man IM1 1LB PRINCIPAL OCCUPATION: Solicitor CITIZENSHIP: British 5. NAME: Eddie Gilmore (Director of Laxey) BUSINESS ADDRESS: 21 Cronk Drean Douglas Isle of Man IM2 6AX PRINCIPAL OCCUPATION: Retired CITIZENSHIP: British During the past five years, neither Catalyst, LIL, Laxey nor any of their respective executive officers and directors, including Kingsnorth and Pegge, has been convicted in a criminal proceeding (excluding traffic violations and similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgement, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. 10 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The funds used to purchase the shares of Common Stock described in this statement were acquired through open market purchases and were derived from Catalysts's and LIL's investment capital. The aggregate amount of the funds used to purchase all of the shares owned by Catalyst and LIL is $21,250,980.16 and $19,902,029.40, respectively. ITEM 4. PURPOSE OF TRANSACTION The shares of Common Stock owned by each of the Reporting Persons were purchased for investment. The Reporting Persons may acquire additional securities or dispose of the securities of the Fund from time to time. One or more of the Reporting Persons may submit a stockholder proposal for consideration by the Fund's stockholders at the 2002 annual meeting of stockholders and for inclusion in the Fund's proxy statement relating thereto. Alternatively, one or more of the Reporting Persons may seek to have a special meeting of the stockholders called at which they will submit a stockholder proposal for consideration by the Fund's stockholders and for inclusion in the Fund's proxy statement relating thereto. In either case, the proposals will be to terminate the Investment Advisory and Management Agreement between the Fund and Impulsora del Fondo Mexico, S.A. de C.V. and/or to convert the Fund to open end status. This filing, in lieu of filing on Schedule 13G, is occasioned solely by the Reporting Person's intended submission of a stockholder proposal. The securities of the Fund acquired and held by the Reporting Persons were acquired in the ordinary course of business and, except as described herein, were not acquired for the purpose of or with the effect of changing or influencing the control of the Fund and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Other than as set forth above, none of the Reporting Persons or, in the case of non-individual Reporting Persons, any of their directors or executive officers identified in Item 2, have any present plans or proposals which relate to or could result in, any of the matters referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D (although they reserve the right to develop any such plans or proposals). ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) As of the date hereof, Catalyst, Laxey, Kingsnorth and Pegge are deemed to be the joint beneficial owners of 1,250,900 shares of Common Stock, which represents approximately 2.715% of the issued and outstanding Common Stock of the Fund. In addition, Laxey, Kingsnorth and Pegge are deemed to be joint beneficial owners with LIL of 1,114,900 shares of Common Stock, which represents approximately 2.419% of the issued and outstanding shares of the Common Stock. Accordingly, Laxey, Kingsnorth and Pegge are, as of the date hereof, deemed beneficial owners of an aggregate of 2,365,800 shares of Common Stock, constituting approximately 5.134% of the shares of Common Stock outstanding. No other person identified in Item 2 beneficially owns any shares of Common Stock. 11 (b) As of the date hereof, Catalyst, Laxey, Kingsnorth and Pegge have shared voting power and shared dispositive power with respect to 1,250,900 shares of Common Stock. In addition, Laxey, Kingsnorth and Pegge share with LIL the power to vote and dispose of 1,114,900 shares of Common Stock. No other person identified in Item 2 shares the power to vote or dispose of any shares of Common Stock. The information contained in Item 2 relating to the persons identified in this Item 5(b) is incorporated herein by reference. (c) Between June 1, 2001 and August 1, 2001, The Value Catalyst Fund Limited engaged in the following transactions involving the Common Stock, all of which were purchases on the New York Stock Exchange: ---------------- -------------------------------- ----------------- DATE OF PURCHASE NUMBER OF SHARES OF COMMON STOCK PRICE PAID/SHARE BOUGHT ---------------- -------------------------------- ----------------- 06/05/01 42,400 $18.93 ---------------- -------------------------------- ----------------- 06/18/01 50,000 19.25 ---------------- -------------------------------- ----------------- 06/19/01 100,000 18.91 ---------------- -------------------------------- ----------------- Between June 1, 2001 and August 1, 2001, Laxey Investors Limited engaged in the following transactions involving the Common Stock, all of which were purchases on the New York Stock Exchange: ---------------- -------------------------------- ----------------- DATE OF PURCHASE NUMBER OF SHARES OF COMMON STOCK PRICE PAID/SHARE BOUGHT ---------------- -------------------------------- ----------------- 06/05/01 42,400 $18.93 ---------------- -------------------------------- ----------------- 06/06/01 25,400 19.05 ---------------- -------------------------------- ----------------- 06/13/01 50,500 19.45 ---------------- -------------------------------- ----------------- 06/14/01 5,000 19.35 ---------------- -------------------------------- ----------------- 06/20/01 17,000 18.68 ---------------- -------------------------------- ----------------- 06/28/01 600 19.12 ---------------- -------------------------------- ----------------- 06/29/01 1,900 19.16 ---------------- -------------------------------- ----------------- 07/05/01 5,000 19.80 ---------------- -------------------------------- ----------------- 07/06/01 6,300 19.25 ---------------- -------------------------------- ----------------- 07/09/01 37,900 19.19 ---------------- -------------------------------- ----------------- 07/11/01 93,500 18.60 ---------------- -------------------------------- ----------------- 07/12/01 40,000 18.31 ---------------- -------------------------------- ----------------- 07/13/01 7,500 18.11 ---------------- -------------------------------- ----------------- 07/19/01 5,000 18.11 ---------------- -------------------------------- ----------------- 07/20/01 9,500 18.23 ---------------- -------------------------------- ----------------- 07/23/01 5,000 18.30 ---------------- -------------------------------- ----------------- 07/24/01 5,600 18.33 ---------------- -------------------------------- ----------------- 07/30/01 1,800 18.69 ---------------- -------------------------------- ----------------- 07/31/01 120,000 18.965 ---------------- -------------------------------- ----------------- 12 No separate transactions were undertaken by Laxey, Kingsnorth or Pegge during the above time period. (d) Not applicable. (e) Not applicable. Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Pursuant to certain agreements dated June 26, 2000 and November 3, 2000, respectively, Laxey is the exclusive investment manager to Catalyst and LIL. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A. Agreement of Joint Filing 13 SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned hereby certifies that the information set forth in this Schedule 13D is true, complete and correct. Dated: August 1, 2001 THE VALUE CATALYST FUND LIMITED By: /s/ Elizabeth Tansell ---------------------------------- Name: Elizabeth Tansell Title: Director LAXEY INVESTORS LIMITED By: /s/ Andrew Pegge ---------------------------------- Name: Andrew Pegge Title: Director LAXEY PARTNERS LIMITED By: /s/ Andrew Pegge ---------------------------------- Name: Andrew Pegge Title: Director /s/ Colin Kingsnorth ------------------------------------------- Colin Kingsnorth /s/ Andrew Pegge ------------------------------------------- Andrew Pegge 14 EXHIBIT A AGREEMENT OF JOINT FILING In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other persons signatory below of a statement on Schedule 13D or any amendments thereto, with respect to the common stock of THE MEXICO FUND, INC., and that this Agreement be included as an attachment to such filing. This Agreement may be executed in any number of counterparts each of which shall be deemed an original and all of which together shall be deemed to constitute one and the same Agreement. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement on the 1st day of August, 2001. THE VALUE CATALYST FUND LIMITED By: /s/ Elizabeth Tansell ------------------------------------------- Name: Elizabeth Tansell Title: Director LAXEY INVESTORS LIMITED By: /s/ Andrew Pegge ------------------------------------------- Name: Andrew Pegge Title: Director LAXEY PARTNERS LIMITED By: /s/ Andrew Pegge ------------------------------------------- Name: Andrew Pegge Title: Director /s/ Colin Kingsnorth ------------------------------------------- Colin Kingsnorth /s/ Andrew Pegge ------------------------------------------- Andrew Pegge 15 -----END PRIVACY-ENHANCED MESSAGE-----