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Midas Declares Quarterly Dividend of $0.02 Per Share Payable 04/01/00

2 March 2000

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

    ITASCA, Ill.--March 1, 2000--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 April 1, 2000, to stockholders of record at the close of business on March 15, 2000.
    There currently are 15.6 million shares of Midas stock outstanding.
    Midas is one of the world's largest providers of automotive 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.