Change of Adviser

23 July 2013                                  

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

                               CHANGE OF ADVISER                               

Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the exploration
and mine development company which has discovered a thirty mile gold district
in Ireland running across Counties Armagh, Monaghan and Cavan and is planning
to develop its first operational gold mine at Clontibret in County Monaghan,
announces that Hybridan LLP has now become the sole Broker to the Company with
immediate effect.

Sanlam Securities UK remains as the Company's Nominated Adviser and IBI
Corporate Finance Limited remains as the Company's ESM Adviser.

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: [phone]
                                                                               
Professor Richard Conroy, Chairman                                             
                                                                               
Sanlam Securities UK Limited (Nomad)                       Tel:                
                                                           [phone]    
                                                                               
Simon Clements/Virginia Bull                                                   
                                                                               
Hybridan LLP (Broker)                                      Tel:                
                                                           [phone]    
                                                                               
Claire Louise Noyce / William Lynne                                            
                                                                               
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