Transaction in Own Shares

Midas Income & Growth Trust PLC
15 February 2008






                  MIDAS INCOME AND GROWTH INVESTMENT TRUST PLC


On 15 February 2008 Midas Income and Growth Investment Trust PLC bought back
300,000 ordinary shares for cancellation at a price of 139 pence per share.
Following the buy back, there are 44,354,950 ordinary shares in issue. The share
buy-back will be financed out of the capital reserve.




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