Appointment of Broker

27 July 2010

                         CONROY DIAMONDS AND GOLD PLC                          

                                ("the Company")                                

               Appointment of XCAP Securities Limited as Broker                

Conroy Diamonds and Gold P.l.c (AIM: CDG; IEX: CDGI) is pleased to announce the
appointment of XCAP Securities Limited as broker to the Company with immediate
effect.

Enquiries:

Conroy Diamonds and Gold Plc                                                   
                                                                               
Professor Richard Conroy, Chairman                              [phone]
                                                                               
Merchant Securities Limited (Nomad)                                            
                                                                               
Simon Clements/Virginia Bull                                   [phone]
                                                                               
IBI Corporate Finance Limited (ESM Adviser)                                    
                                                                               
John Tuite                                                      [phone]
                                                                               
XCAP Securities Limited (Broker)                                               
                                                                               
David Newton/ John Grant                                       [phone]
                                                                               
Lothbury Financial Services Limited                                            
                                                                               
Michael Padley/Michael Spriggs                                 [phone]
                                                                               
Hall Communications                                                            
                                                                               
Don Hall                                                        [phone]

Further details on Conroy Diamonds and Gold can be found on its website at: 
www.conroydiamondsandgold.com