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<PAGE> PAGE 2
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<PAGE> PAGE 3
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SIGNATURE MARY JANE MALONEY
TITLE MANAGER
<TABLE> <S> <C>
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<NAME> MEXICO EQUITY AND INCOME FUND, INC.
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EXHIBIT INDEX
EXHIBIT A:
Attachment to item 77C:
Submission of matters to a vote of Security holders.
- ------------------------------------------------------------------
EXHIBIT A:
77C
Results of Annual Stockholders Meeting
The Fund's annual stockholders meeting was scheduled for December
3, 1999. The meeting was adjourned three times for failure to
obtain the necessary quorum to transact business. At the
meeting, as reconvened on February 4, 2000, stockholders approved
the stockholder proposals presented by Mr. Phillip Goldstein,
including his election as a director of the Fund and a proposal
that Advantage Advisers, Inc., the Fund's U.S. Co-Adviser
("Advantage") and Acci Worldwide, S.A. de C.V., the Fund's
Mexican Adviser ("Acci Worldwide") present to the Board of
Directors a proposal designed to afford stockholders an
opportunity to promptly realize net asset value ("NAV"). At the
meeting, as reconvened on February 28, 2000, stockholders
ratified the selection of PricewaterhouseCoopers LLP as
independent accountants of the Fund for the fiscal year ended
July 31, 2000. The stockholder proposal to terminate the Fund's
advisory arrangements if Advantage Advisers Inc. and Acci
Worldwide S.A. de C.V. do not present a plan for stockholders to
promptly realize net asset value for their shares was withdrawn
at the meeting by a representative of Mr. Phillip Goldstein, the
proponent of the stockholder proposal.
The following table provides information concerning the matters
voted on at the meeting:
I. Election of Directors
Nominee Votes For Votes Withheld
Phillip Goldstein 4,358,896 29,863
At February 4, 2000, in addition to Phillip Goldstein, the
directors of the Fund were as follows:
Carroll Brewster
Sol Gittleman
Alan Rappaport
II. Ratification of PricewaterhouseCoopers LLP as the
Independent Accountants of the Fund
Votes For Votes Against Votes Abstained
6,542,906 687,118 831,351
III. Stockholder Proposals
1. Within 30 days of approval of this proposal, Advantage and
Acci Worldwide shall present to the Board of Directors a proposal
designed to afford stockholders an opportunity to promptly
realize NAV for all their shares.
Votes For Votes Against Votes Abstained
4,364,375 3,714,209 9,515
2. If (a) Proposal No. 1 is approved and (b) within 30 days of
such approval Advantage and Acci Worldwide fail to present to the
Board of Directors a plan designed to afford stockholder an
opportunity to promptly realize NAV for all their shares, the
Fund's investment advisory agreements with Advantage and Acci
Worldwide shall be terminated as soon as permissible.
Withdrawn on February 28, 2000.
3. If (a) the Board of Directors opposes Proposal No. 1 and (b)
Proposal No. 1 is approved, the following Bylaw shall be adopted:
"All compensation earned by the directors shall be held in escrow
and not paid to them until the stockholders are able to realize
NAV for all their shares. This Bylaw may only be altered or
repealed by the stockholders."
Votes For Votes Against Votes Abstained
4,315,462 3,752,837 19,800
4. The following Bylaw shall be adopted: "The expenses
incurred by the Fund related to any contested meeting of
stockholders shall be limited to those legally required to
achieve a quorum and to allow stockholders to cast an informed
vote on all matters to be presented at such meeting. This Bylaw
may only be altered or repealed by the stockholders."
Votes For Votes Against Votes Abstained
4,675,510 3,387,585 25,004
