Holding(s) in Company

Conroy Diamonds & Gold PLC
10 January 2003

                          Conroy Diamonds and Gold plc

                               Holding in Company



The Company was informed on 10 January 2003 that, having sold 429,500 ordinary
shares in the Company to certain of its private customers, City Equities now
holds 515,000 shares representing approximately 1.57% of the Company's issued
share capital. City Equities no longer has a notifiable interest in the
Company's share capital.






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