Transaction in Own Shares

Midas Income & Growth Trust PLC
22 November 2007

                  MIDAS INCOME AND GROWTH INVESTMENT TRUST PLC





On 22 November 2007, Midas Income and Growth Investment Trust plc bought back
280000 ordinary shares for cancellation at a price of 147 pence per share.
Following the buy back, there are 45,724,950 ordinary shares in issue.  The
share buy-back will be financed out of the capital reserve.






                      This information is provided by RNS
            The company news service from the London Stock Exchange