Holding(s) in Company

Midas Income & Growth Trust PLC
19 March 2008

                                                                      APPENDIX 3



TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES



(1).  Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached (ii):

      Midas Income & Growth Trust PLC



2.    Reason for the notification (please state Yes/No):



An acquisition or disposal of voting rights: No



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No



An event changing the breakdown of voting rights: No



Other:  Merger of iimia MitonOptimal plc & Midas Capital Partners Ltd (06/03/08)



3.    Full name of person(s) subject to the notification obligation (iii):

      Midas Capital plc


4.    Full name of shareholder(s) (if different from 3.) (iv):

      (see section 9 below)



5.    Date of the transaction and date on which the threshold is crossed or
  reached (v):

      06/03/08



6.    Date on which issuer notified:

      19/03/08



7.    Threshold(s) that is/are crossed or reached:

      Over 5%



8.    Notified details:

      n/a



A: Voting rights attached to shares


                          Situation previous to the Triggering transaction (vi)
Class/type of shares if possible           Number of shares             Number of voting rights (viii)
using the ISIN CODE
Ord GBP0.25                                    670,000                              670,000
GB0008769993





Resulting situation after the triggering transaction (vii)


Class/type of shares if          Number of shares       Number of voting rights (ix)       % of voting rights
possible using the ISIN CODE
Ord GBP0.25                            n/a             Direct (x)     Indirect (xi)       Direct      Indirect
GB000876999                                               n/a           5,786,637           n/a       13.0462%

                                    2,712,443          2,712,443           n/a             6.19%        n/a



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.
n/a             n/a                   n/a                       n/a                         n/a





Total (A+B)
   Number of voting rights          % of voting rights

          2,712,443                        6.19%





9.   Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable (xv):

Discretionary Client                                                  291,542
(Registered: Bank of New York Nominees a/c 318901)
Discretionary Client                                                  332,358
(Registered: Bank of New York Nominees a/c 111359)
Hiscox International Growth                                         1,243,618
(Registered: HSBC Global Custody Nominee (UK) Ltd a/c 814379)
Discretionary Client                                                  174,925
(Registered: Bank of New York Nominees a/c 254905)
CF iimia Accelerated Fund                                             220,000
(Registered: Bank of New York Nominees Ltd a/c 391998)
iimia Investment Trust                                                450,000
(Registered: Bank of New York Nominees Ltd a/c 178055)



Proxy Voting:



10.  Name of the proxy holder:

     n/a



11.  Number of voting rights proxy holder will cease to hold:

     n/a



12. Date on which proxy holder will cease to hold voting rights:

     n/a



13.  Additional information:

     iimia plc, Miton Asset Management Ltd and Midas Capital Partners Ltd
are all subsidiaries of Midas Capital plc



14.  Contact name:

     Charles Mearns



15.  Contact telephone number:

     0131 528 4132








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