Net Asset Value(s)

RNS Number : 8386Q

Midas Income & Growth Trust PLC

20 April 2009

MIDAS INCOME & GROWTH TRUST PLC

Midas Income & Growth Trust PLC announces the following unaudited net asset values (NAVs) as at close of business on 17 April 2009. Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies. In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where materially different, debt is also separately valued at market value; (3) diluted NAVs are disclosed where applicable (for this purpose, treasury shares are excluded for the purposes of calculation); and (4) provisions for performance fees are included where applicable.