Director/PDMR Shareholding

The following announcement replaces the announcement released at 11.46 on 7
July 2008. The heading of "Notifiable Interest" has been amended to "Director's
Shareholding" and the price paid for the shares being 0.465p has now been
included.

                                                                   10 July 2008

                         Conroy Diamonds and Gold Plc                          

                                (the "Company")                                

                              Director's Dealing                               

The Company announces, following notification on Friday 4 July that on the same
day Seamus FitzPatrick, Non-Executive Director, purchased 175,000 ordinary
shares in the issued share capital of the Company (the "Ordinary Shares") at a
price of 0.465 pence per shares, equivalent to 0.166 per cent. of the issued
voting share capital of the Company.

Following the purchase, Mr FitzPatrick now holds 179,000 Ordinary Shares,
equivalent to 0.169 per cent. of the issued voting share capital of the
Company.

Further enquiries:                                                             
                                                                               
Conroy Diamond and Gold plc                                   00 353 1 661 8958
                                                                               
Professor Richard Conroy                                                       
                                                                               
John East & Partners Limited                                      020 7628 2200
                                                                               
Jeffrey Coburn / Virginia Bull                                                 
                                                                               
City Capital Corporation Limited                                  020 7842 5867
                                                                               
Charles Dampney