13 April 2006                                 

                         CONROY DIAMONDS AND GOLD PLC                          

                                  ("Conroy")                                   

                        CONROY RAISES �594,000 THROUGH                         

                            PLACING AT 4P PER SHARE                            

Conroy Diamonds and Gold P.l.c (CDG) is pleased to announce that a resolution
authorising the directors to allot securities was passed at the EGM held today.

Due to demand, a further 2,350,000 Ordinary Shares of Euro0.03 each have been
placed at 4p per share. Making a total placing of 14,850,000 Ordinary Shares,
raising �594,000 (Euro859,000) gross.

Dealings in the new ordinary shares are expected to commence on AIM on April
18, 2006.

Further Information

Professor Richard Conroy, Chairman Conroy Diamonds and Gold Plc. Tel:
00-353-1-661-8958

Charles Dampney, City Capital Securities Ltd. Tel: 020-7822-7107

Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: 020-7628-5518

Visit website at: www.conroydiamondsandgold.com

Conroy Share Price



END
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