Replacement Net Asset Value(s

RNS Number : 7132F

Midas Income & Growth Trust PLC

13 October 2008

AMENDMENT

This announcement replaces the earlier announcement today 10th October at 13:13hrs (RNS No: 7076F) Please see below the updated diluted nav (including income). The diluted (including income) nav should have read 106.49p and not 111.33p. See below the correct announcement.

MIDAS INCOME & GROWTH TRUST PLC

Midas Income & Growth Trust PLC announces the following unaudited net asset values (NAVs) as at close of business on 10 October 2008. 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.

Midas Income & Growth Trust (undiluted)	Excluding Income	105.39p	Ordinary
Midas Income & Growth Trust (diluted)	Excluding Income	105.15p	Ordinary
Midas Income & Growth Trust (undiluted)	Including Income	106.79p	Ordinary
Midas Income & Growth Trust (diluted)	Including Income	106.49p	Ordinary