Director Shareholding

Conroy Diamonds & Gold PLC
03 December 2002



                          Conroy Diamonds and Gold plc

                            Directors' Shareholding


The Company was informed on 2 December that Professor Richard Conroy bought
50,000 shares in the company on 2 December 2002 at 11p per share. Professor
Conroy is now interested in 3,800,010 ordinary shares representing 16.04% of the
Company's issued share capital.



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