Webcast Alert: Midas Funds Announces Its Informed Investors Webcast.

NEW YORK -- Midas Funds announces the following Webcast:

What: Midas Funds Informed Investors Webcast

When: May 23, 2007 @ 09:30 AM Eastern

Where: http://www.investorcalendar.com/EventPage.asp?ID=111409

How: Live over the Internet -- Simply log on to the web

Contact: Tony Tiller, (212) 480-6432 ext. 281 or info@midasfunds.com

If you are unable to participate during the live webcast, the call will be available for replay at http://www.investorcalendar.com/ClientPage.asp?ID=111409 or http://www.investorcalendar.com/

MIDAS FUNDS PROFILE

MIDAS FUNDS (MIDSX) seeks capital appreciation and protection against inflation and, secondarily, current income. The Fund invests in securities of companies involved in the business of mining, processing, fabricating, distributing or otherwise dealing in gold, silver, platinum or other natural resources, such as ferrous, non-ferrous and strategic metals, hydrocarbons, real estate, food products and other basic commodities.

Morningstar says "This fund sports an outstanding record. Most of the offerings in its category have turned in very strong results over the past five years, but even compared with its peers, the fund's returns for that period are among the best."--May 22, 2007

The Midas Funds are managed by a subsidiary of Winmill & Co. Incorporated , which is engaged in stock market and http://www.midasfunds.com/gold-investing.html gold investing through its investment management of equity and http://www.midasfunds.com/gold-mutual-funds.html gold mutual funds.

For more information about Midas Funds, or to view or download a prospectus, please visit www.MidasFunds.com.