Net Asset Value(s)

Midas Income & Growth Trust PLC
17 January 2006


MIDAS INCOME AND GROWTH TRUST PLC

Aberdeen Asset Management plc, Secretaries, announce the following unaudited daily net asset values (with investments at
bid market values) of Midas Income and Growth Trust PLC as at close of business on 16 January 2006.

Midas Income and Growth Trust - undiluted                            160.15p Ordinary
Midas Income and Growth Trust - undiluted with debt at Fair Value    159.65p Ordinary
Midas Income and Growth Trust - diluted                              150.42p Ordinary
Midas Income and Growth Trust - diluted with debt at Fair Value      150.00p Ordinary

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