Progress Report

6 APRIL, 2006

                   CONROY INCREASES EXPLORATION FIELD STAFF                    

                         AS POSITIVE RESULTS CONTINUE                          

  * Deep Overburden Sampling Yields Two New Zones Of Gold Mineralisation
   
  * Common NW-SE Mineralised Trend Found In Several Separate Locations
   
  * Suggestions Of New Gold Zone Linked To Tullybuck-Lisglassan Gold Deposit
   
Conroy Diamonds and Gold P.l.c. (CDG) ("Conroy" or the "Company") has added to
its field teams as a result of continued positive results from its ongoing gold
exploration programme on its licences in the Longford-Down Massif in the north
of Ireland.

Two new zones of gold mineralisation have been identified by the Company's
programme of closely-spaced deep overburden sampling within the Armagh-Monaghan
Gold Belt.

The discoveries at Cargy (Co Armagh) and Rackwallace (Co Monaghan) lie
north-east and south-west respectively of the Company's Tullybuck-Lisglassan
gold deposit and tie in well with previous results from the latter and other
gold discoveries made by Conroy in the area. In particular, the mineralisation
in both new finds has the same NW-SE trend which is present at Target 2 to the
south-east of Tullybuck-Lisglassan.

The identification of a common NW-SE trend to mineralisation in Cargy and
Rackwallace supports the Company's belief that Target 2 could open up a new
zone of gold mineralisation connecting to that at Tullybuck-Lisglassan and may
be related to a crucial element of Conroy's geological model for the
Armagh-Monaghan Gold Belt which is that the focus of gold mineralisation is
determined by the intersection of cross- cutting structures with a major
NNE-SSW trending feature, the Orlock Bridge Fault.

[Gold values of up to 190ppb (parts per billion) were returned from deep
overburden samples in the Cargy area where a 300m long anomalous linear feature
was outlined which has a NW-SE orientation and is open in both directions. A
similar-sized mineralised linear trend outlined at Rackwallace also has a NW-SE
trend and is open in both directions. Deep overburden sampling at Rackwallace
returned gold values of up to 125ppb.

The Company views these values as very high when compared with an average
anomalous baseline value of 10ppb gold in the Longford-Down Massif. [ [Basis?]

The two new discoveries are additional to those made during the Company's
programme to sample the 10 targets in the vicinity of Tullybuck-Lisglassan
which were originally identified by regional shallow soil geochemistry.

Further Information:

Professor Richard Conroy, Chairman Conroy Diamonds and Gold Plc. Tel:
00-353-1-661-8958

Charles Dampney, City Capital Securities Ltd. Tel: [phone]

Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: [phone]

Visit website at: www.conroydiamondsandgold.com