U.S. Global Investors Announces GROW Dividends

U.S. Global Investors, Inc. (Nasdaq: GROW), a boutique registered investment advisor specializing in natural resources and emerging markets, will continue its monthly dividend policy into 2009.

The Company’s board of directors voted to approve payment of a 2-cents-per-share monthly dividend for all classes of common stock for the first three months of 2009. The record date for the January 2009 dividend is end of business on January 12 and the payment date will be January 26. For February, the record date is February 10 and the payment date is February 24, and for March, the record date is March 10 and the payment date is March 24.

Payment of cash dividends is within the discretion of the Company’s board of directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions and will be reviewed by the board quarterly.

About U.S. Global Investors, Inc.

U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment advisor that focuses on profitable niche markets around the world. Headquartered in San Antonio, Texas, the company offers financial solutions and provides transfer agency and other services to U.S. Global Investors Funds and other clients.

With $2.26 billion in assets under management as of October 31, 2008, U.S. Global Investors manages domestic and offshore funds offering investment options from emerging markets to money markets. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

Contacts:

U.S. Global Investors, Inc., San Antonio
Terry Badger, 210-308-1221
Director of Communications
tbadger@usfunds.com

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