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Midas Declares Quarterly Dividend of $0.02 Per Share Payable Jan. 1, 2000

12 November 1999

Midas Declares Quarterly Dividend of $0.02 Per Share Payable Jan. 1, 2000

    CHICAGO--Nov. 12, 1999--The board of directors of Midas, Inc., has declared a regular quarterly dividend of $0.02 per share on the company's outstanding stock, payable Jan. 1, 2000, to stockholders of record at the close of business on Dec. 15, 1999.
    There currently are 16.0 million shares of Midas stock outstanding.
    Midas is one of the world's largest providers of automative service, including exhaust, brakes, steering, suspension, batteries and maintenance services. There are 2,100 franchised Midas shops in the United States and Canada, and 600 licensed and franchised Midas locations in 18 other countries.