Transaction in Own Shares

Midas Income & Growth Trust PLC
23 April 2008

                       MIDAS INCOME AND GROWTH TRUST PLC



 On 22 April 2008 Midas Income and Growth Trust PLC bought back 25,000 ordinary
shares for cancellation at a price of 138.5 pence per share. Following the buy
back, there are 43,679,950 ordinary shares in issue. The share buy-back will be
financed out of the capital reserve.






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