Holding(s) in Company

Midas Income & Growth Trust PLC
01 March 2006

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Name of company


Midas Income & Growth Trust PLC



2. Name of shareholder having a major interest


Hiscox plc and subsidiaries



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18


As 2



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them


HSBC Global custody Nominee (UK) Ltd (2,000,000 C Shares)
Hiscox plc (3,000,000 C Shares)



5. Number of shares / amount of stock acquired


5,000,000 C Shares



6. Percentage of issued class


18.67%



7. Number of shares / amount of stock disposed


NIL



8. Percentage of issued class


NIL



9. Class of security


C Shares of £1



10. Date of transaction


27 February 2006






11. Date company informed


28 February 2006



12. Total holding following this notification


5,000,000 C Shares



13. Total percentage holding of issued class following this notification


18.67%



14. Any additional information


2,000,000 of the 5,000,000 C shares beneficially owned by Hiscox plc and its subsidiaries are held by New Street Hiscox
International Growth Fund



15. Name of contact and telephone number for queries


Charles Mearns



16. Name and signature of authorised company official responsible for making
this notification


For Aberdeen Asset Management PLC - Secretary



Date of notification


1 March 2006



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