Appointment of Joint Broker

15 August 2012

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

                          Appointment of Joint Broker                          

The Company announces the appointment of Hybridan LLP as joint broker with
immediate effect. Merchant Securities Limited remains as Nominated Adviser to
the Company.

For further information please contact:

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: [phone]
                                                                               
Professor Richard Conroy, Chairman                                             
                                                                               
Merchant Securities Limited (Nomad)                        Tel:                
                                                           [phone]    
                                                                               
Simon Clements/Virginia Bull                                                   
                                                                               
Hybridan LLP (Joint Broker)                                Tel:                
                                                           [phone]    
                                                                               
Claire Noyce/Deepak Reddy                                                      
                                                                               
Shore CapitalStockbrokers Limited(Joint Broker)            Tel:                
                                                           [phone]    
                                                                               
Jerry Keen/Bidhi Bhoma/Toby Gibbs                                              
                                                                               
IBI Corporate Finance Limited (ESM Adviser)                Tel:                
                                                           [phone]    
                                                                               
Brian Farrell                                                                  
                                                                               
Lothbury Financial Services                                Tel:                
                                                           [phone]    
                                                                               
Michael Padley/Michael Spriggs                                                 
                                                                               
Hall Communications                                        Tel: [phone]
                                                                               
Don Hall                                                                       

Visit the website at: www.conroygoldandnaturalresources.com