Portfolio Update

Midas Income & Growth Trust PLC
02 May 2007



                        MIDAS INCOME & GROWTH TRUST PLC

                            10 LARGEST INVESTMENTS


The company announces that the ten largest investments as at close of business
on 30 April 2007 were as follows:


Assets With Values Over 5% of Gross Assets


NAME                                           Market Value   % Ttl Gross Assets
BARCLAYS BANK (CONSOLIDATED)                      5,273,462                 6.21


Top 10 Portfolio Assets

NAME                                           Market Value   % Ttl Gross Assets
BARCLAYS BANK (CONSOLIDATED)                      5,273,462                 6.21
HBOS (CONSOLIDATED)                               2,175,475                 2.56
SPECIALIST INVESTMENT M&G LEVERAGED               2,132,647                 2.51
ZENITH INVESTMENT EUROPEAN INC (CONSOLIDATED)     2,071,500                 2.44
BELL AJ                                           2,000,000                 2.35
EUROPEAN ASSET TRUST                              1,907,500                 2.25
CF RUFFER INV FUNDS BAKER STEEL GOLD FUND         1,895,850                 2.23
LEGAL & GENERAL GROUP                             1,779,050                 2.09
PROTEGO UK PROPERTY                               1,750,604                 2.06
MERRILL LYNCH COMMODITIES                         1,620,500                 1.91


                                     END




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