Change of Name to MAM Funds plc

News release

29 July 2010

Change of name to MAM Funds plc

Midas Capital plc, the AIM quoted Fund Management company, announces that, further to the Company's General Meeting statement released yesterday, the Registrar of Companies has issued the certificate of incorporation on change of name and therefore the name of the Company has been changed to MAM Funds plc with immediate effect.

Dealings under the new name will commence at 8.00 a.m. on 30 July 2010 when the Company's TIDM (ticker symbol) will change from "MDS" to "MMF"; the ISIN will remain unchanged at GB00B01WR582.

No new share certificates are being issued in respect of existing Ordinary Shares held in certificated form. Shareholders should retain their existing share certificates which will continue to be valid.

For further information please contact:

Colin Rutherford, executive chairman, Midas Capital 07768 053 054

James Steel / Antonio Bossi, Arbuthnot Securities 020 7012 2000

Roland Cross/ Zoe Butt / Fiona Kehily, Broadgate Mainland 020 7726 6111

Web: www.mamfundsplc.com