Net Asset Value(s)

RNS Number : 6093K

Standard Life Equity Income Tst PLC

22 December 2008

MIDAS INCOME & GROWTH TRUST PLC

Midas Income & Growth Trust PLC announces the following unaudited net asset values (NAVs) as at close of business on 19 December 2008. Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies. In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where materially different, debt is also separately valued at market value; (3) diluted NAVs are disclosed where applicable (for this purpose, treasury shares are excluded for the purposes of calculation); and (4) provisions for performance fees are included where applicable.

Midas Income & Growth Trust (undiluted)	Excluding Income	101.85p	Ordinary
Midas Income & Growth Trust (diluted)	Excluding Income	101.77p	Ordinary
Midas Income & Growth Trust (undiluted)	Including Income	102.45p	Ordinary
Midas Income & Growth Trust (diluted)	Including Income	102.34p	Ordinary