Transaction in Own Shares

Midas Income & Growth Trust PLC
15 January 2008


                  MIDAS INCOME AND GROWTH INVESTMENT TRUST PLC

On 15 January 2008, Midas Income and Growth Investment Trust plc bought back
25,000 ordinary shares for cancellation at a price of 148 pence per share.
Following the buy back, there are 45,427,450 ordinary shares in issue. The share
buy-back will be financed out of the capital reserve.


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