Adviser - Change of Name

12 July 2010                                                                   

                        Conroy Diamonds and Gold P.l.c.                        

                          ("Conroy" or "the Company")                          

                             NOMAD Change of Name                              

The Company announces that its nominated adviser, Merchant John East Securities
Limited, has changed its name to Merchant Securities Limited 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]
                                                                               
City Capital Corporation Limited (Broker)                                      
Charles Dampney                                                [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