Result of General Meeting

Midas Capital PLC

("Midas" or the "Company")

Result of General Meeting, change of name and change of website address

Midas Capital plc, the AIM quoted fund management company announces that, at a General Meeting of the Company held earlier today, the Company's shareholders approved all the resolutions, announced on 8 July 2010, in relation to the capital restructure and name change.

Completion of the restructuring, including a reduction of share capital, will require approval from the High Court. It is anticipated the restructure will be effective by the end of August 2010. A further announcement will be made when High Court approval has been received.

The Company's change of name to MAM Funds plc will be processed in due course. A further announcement will be made to the market when the name change is effective. The address of the Company's website, containing information required under AIM Rule 26, will change to www.mamfundsplc.com with effect from 29 July 2010.

For further information, please contact:

Colin Rutherford, Executive Chairman, Midas 07768 053 054

Roland Cross, Director, Broadgate 020 7726 6111

James Steel, Arbuthnot Securities Limited 020 7012 2000

(Nominated Advisor and Broker to Midas)

Web: www.midascapitalplc.com