Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                 Conroy Gold & Natural
of existing shares to which voting rights are                                  Resources
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                          x  
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the        T1ps Investment Management (IOM) Limited
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                      BNY Nominees Limited
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                       5th October 2011
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                      10th October 2011
                                                                                        
7. Threshold(s) that is/are crossed or                                                8%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                            
                                                                                                
A: Voting rights attached to shares viii, ix                                                    
                                                                                                
Class/   Situation previous            Resulting situation after the triggering transaction     
type of  to the triggering                                                                      
shares   transaction                                                                            
                                                                                                
                                                                                                
if       Number            Number      Number      Number of voting      % of  voting rights x  
possible of                of          of shares   rights                                       
using    Shares            Voting                                                               
the ISIN                   Rights                                                               
CODE                                                            Indirect                        
                                       Direct      Direct xi    xii      Direct   Indirect      
                                                                                                
                                                                                                
                                                                                                
         11,472,857        11,472,857  21,128,029  21,128,029            8.41%                  
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
B: Qualifying Financial Instruments                                                             
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
Type of     Expiration      Exercise/               Number of voting             % of voting    
financial   date xiii       Conversion Period xiv   rights that may be           rights         
instrument                                          acquired if the                             
                                                    instrument is                               
                                                    exercised/ converted.                       
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
C: Financial Instruments with similar economic effect to Qualifying Financial                   
Instruments xv, xvi                                                                             
                                                                                                
Resulting situation after the triggering transaction                                            
                                                                                                
Type of    Exercise price  Expiration Exercise/    Number of voting rights % of voting rights   
financial                  date xvii  Conversion   instrument refers to    xix, xx              
instrument                            period xviii                                              
                                                                                                
                                                                                                
                                                                           Nominal  Delta       
                                                                                                
                                                                                                
                                                                                                
                                                                                                
                                                                                                
Total (A+B+C)                                                                                   
                                                                                                
Number of voting rights                       Percentage of voting rights                       
                                                                                                
21,128,029                                                                                      
                                              8.41%                                             
                                                                                                
                                                                                                


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
Funds under the discretionary management of T1ps Investment Management (IOM)            
Limited:                                                                                
                                                                                        
                                                                                        
                                                                                        
SF T1ps Smaller Companies Gold Fund                                                     
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                             Ross Jones
                                                                                        
15. Contact telephone number:                                               01624 641308