Holding(s) in Company

Conroy Diamonds & Gold PLC
08 January 2003


                          Conroy Diamonds and Gold plc

                               Holding in Company


The Company was informed on 7 January 2003 that following transactions in the
ordinary share capital of the Company on 7 January 2003 City Equities is
interested in 1,577,250 shares representing approximately 4.82% of the Company's
issued share capital.

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