Net Asset Value(s)

Midas Income & Growth Trust PLC
02 November 2007

                        MIDAS INCOME & GROWTH TRUST PLC



                             10 LARGEST INVESTMENTS





The company announces that the ten largest investments as at close of business
on 31 October 2007 were as follows:




Assets With Values Over 5% of Gross Assets

NAME                                                                                     Market Value    % Ttl Gross
                                                                                                              Assets
BARCLAYS BANK (CONSOLIDATED)                                                                7,573,456           8.97


Top 10 Portfolio Assets

NAME                                                                                     Market Value    % Ttl Gross
                                                                                                              Assets
BARCLAYS BANK (CONSOLIDATED)                                                                7,573,456           8.97
MERRILL LYNCH COMMODITIES ORD GBP0.01                                                       2,222,500           2.63
CF RUFFER INV FUNDS BAKER STEEL GOLD FUND ACC                                               2,165,790           2.56
HBOS (CONSOLIDATED)                                                                         2,019,350           2.39
ZENITH INV (CONSOLIDATED)                                                                   2,013,000           2.38
BELL AJ GBP0.10                                                                             2,000,000           2.37
SPECIALIST INVESTMENT M&G LEVERAGED EURO LOAN 'D' INC GBP                                   1,827,253           2.16
BLACKROCK (LUX) C/WTS 09/05/13 DJ EURO STOXX                                                1,784,700           2.11
EUROPEAN ASSET TRUST NV                                                                     1,764,000           2.09
BP ORD                                                                                      1,718,750           2.03



END


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