When Midas reported its 2011 Q2 results, management was quite candid with respect to its
disappointment surrounding the stock price. Following the settlement of Midas? European arbitration and Q2
earnings, management announced that its board would conduct a review of potential strategic and financial
alternatives, including, but not limited to a possible sale, merger or other business combination. Since then, the
shares have risen approximately 30 percent versus a +2 percent gain for the Russell 2000 (as of
12/14/11).