Replacement Net Asset Value(s

RNS Number : 5523P

Midas Income & Growth Trust PLC

26 March 2009

AMENDMENT

This announcement replaces the earlier nav announcement at 12:24hrs today (RNS No: 5431P). The nav figures announced earlier today were incorrect. Please 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 25 March 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.