Results of Meetings

Taverners Trust PLC
19 August 2005

19 August 2005



The Taverners Trust PLC



Results of Extraordinary General Meeting ('EGM'), Annual General Meeting ('AGM')
and class meeting of warrantholders ('Warrantholder Meeting')



The Company is pleased to announce that at the EGM held earlier today all
resolutions put to the meeting were duly passed with effect from the conclusion
of the EGM.  Approximately 99 per cent. of the votes cast were in favour of both
resolutions.



Accordingly, the investment objective of the Company will now be 'to seek to
achieve an absolute return with low volatility through investment in a
multi-asset portfolio' and the name of the Company will be changed to 'Midas
Income & Growth Trust PLC'.



Midas Capital Partners Limited ('Midas') has now been appointed as investment
manager of the Company and will assume responsibility for the management of the
Company's assets forthwith.



In addition, the Company is pleased to announce that at the AGM held earlier
today, all resolutions were duly passed.  Approximately 99 per cent. of the
votes cast were in favour of all resolutions at the AGM.



The Warrantholder meeting was not quorate and accordingly it has been adjourned
to Friday 26 August 2005 at 12.25 p.m.



Following the conclusion of the AGM, as anticipated, Messrs Fishwick and Hawkins
have stepped down as directors and Adam Cooke has joined the Board.



Mr Cooke was a global partner of AMVESCAP PLC, one of the world's largest
independent investment management organisations where he worked for INVESCO UK.
His experience includes the UK institutional business including investment
trusts and collective investments.  Mr Cooke is a member of the Chartered
Institute of Bankers and is a non executive Director of City Natural Resources
High Yield Trust PLC and Premier Utilities Trust PLC.  Mr Cooke currently has no
beneficial interest in the shares of the Company and there are no disclosures
required to be made in accordance with Section 9.6.13 (1) to (6) of the Listing
Rules.  The new Board comprises Adam Cooke and Ian Davis with Hubert Reid
continuing as Chairman.



Enquiries:


Alan Borrows,                                                                  0151 906 2461

Midas Capital Partners Limited

Charles Mearns,                                                                0131 313 1000

Aberdeen Asset Management PLC

Richard Ramsay,                                                                020 7653 6300

Intelli Corporate Finance Limited






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