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Midas Declares Quarterly Dividend of $.02 Per Share on Outstanding Common Stock

3 September 1999

Midas Declares Quarterly Dividend of $.02 Per Share on Outstanding Common Stock

    ITASCA, Ill.--Sept. 2, 1999--The board of directors of Midas, Inc., (MDS:NYSE) has declared a regular quarterly dividend of $.02 per share on the company's outstanding common stock, payable Oct. 1, 1999, to shareholders of record at the close of business on Sept. 15.

    Midas is one of the world's largest providers of automotive service, including exhaust, brakes, steering and suspension services, as well as batteries and maintenance services. There are nearly 2,700 franchised and licensed Midas locations in 19 countries, including 2,100 in the United States and Canada.