Planning Update

Conygar Investment Company PLC(The)
09 January 2008



9 January 2008
                       THE CONYGAR INVESTMENT COMPANY PLC

                   PEMBROKE DOCK PLANNING APPLICATION UPDATE

The Board of The Conygar Investment Company PLC is pleased to announce that the
planning application submitted by its subsidiary, Martello Quays Limited, in
respect of the Pembroke Dock Waterfront development has been unanimously backed
by the Planning Committee of Pembrokeshire County Council. The planning
application will be presented to the Pembrokeshire County Council for approval
at their meeting on 21 February 2008.

If approved, the development is expected to create a 260 berth marina, 146
houses, 304 apartments with associated leisure and retail facilities and an end
value in excess of £100 million.


For further information please contact:

The Conygar Investment Company PLC
Robert Ware - 020 7408 2322

Oriel Securities Limited (Nominated Adviser)
Malcolm Strang / Michael Shaw - 020 7710 7600

The directors of Conygar accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the directors of
Conygar (who have taken all reasonable care to ensure that such is the case) the
information contained in this announcement is in accordance with the facts and
does not omit anything likely to affect the import of such information.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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