U.S. Global Investors (Nasdaq: GROW) has received a significant investment from two asset management companies. In an SEC filing dated December 10, Kinetics Asset Management stated that it holds about 2.75 million shares, or roughly 20 percent, of U.S. Global Investors� nonvoting Class A shares. Royce and Associates stated in a December 5 filing that it holds about 1.52 million shares, or 11.1 percent, of U.S. Global Investors� Class A shares. Shares of U.S Global were up 15 percent as of 3:45pm today.

U.S. Global Investors, Inc. (NASDAQ:GROW), a registered investment adviser specializing in natural resources and emerging markets, reports that two large, value-oriented asset management companies have purchased more than 30 percent of U.S. Global�s publicly traded stock.

Kinetics Asset Management stated in an SEC filing dated December 10, 2007, that it holds about 2.75 million shares, or roughly 20 percent, of U.S. Global Investors� nonvoting Class A shares. Kinetics, based in New York, manages mutual funds, hedge funds and other assets.

Royce and Associates stated in an SEC filing dated December 5, 2007, that it holds about 1.52 million shares, or 11.1 percent, of U.S. Global Investors� Class A shares. Royce, also based in New York, manages mutual funds, closed-end funds and other assets.

�We are pleased that such successful investors as Kinetics and Royce have this strong level of confidence in U.S. Global�s future and, based on our discussions with them, they share our vision that emerging markets and resources are a dominant global investment theme,� says Frank Holmes, CEO and chief investment officer at U.S. Global. �They both appreciate the significance of the boom in China and India that is driving natural resources, as well as the opportunities generated by the global infrastructure build-out that has been recognized by Warren Buffett and other forward-looking investors. Buffett has been buying infrastructure-based companies for the past five years, among them pipelines, utilities, railways and energy. Recently his company bought a large stake in the South Korean steelmaker Posco. In addition, Kinetics and Royce understand value and that we are value-focused money managers looking for long-term sustainable growth.�

Seven of the nine stock funds managed by U.S. Global Investors, Inc. are among the top performers among all U.S. mutual funds in the latest quarterly rankings published in the Wall Street Journal.

About U.S. Global Investors, Inc.

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

With an average of $5.04 billion in assets under management for the quarter ended September 30, 2007, U.S. Global Investors manages domestic and offshore funds offering a variety of investment options, from emerging markets to money markets. In general, trends in assets under management are the critical drivers of revenue and earnings.

Please consider carefully the fund�s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Distributed by U.S. Global Brokerage, Inc.

This news release may include certain �forward-looking statements� including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.

The following securities mentioned in this news release were held by one or more of U.S. Global Investors� clients as of September 30, 2007: Posco.

Edited by: Erin Kello

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