RNS Number:0182Z
Conroy Diamonds & Gold PLC
23 July 2002

                          Conroy Diamonds and Gold plc


                     Issue of Equity and Additional Listing



Conroy Diamonds and Gold plc ("Conroy" or "the Company") have placed 1,500,000
ordinary shares with clients of Seymour Pierce Ellis Limited, the Company's
broker, at 10p per share to raise £150,000 (before expenses) of additional
working capital for the Company. The additional funds will be utilised in
Conroy's current exploration projects ongoing in Finland and Ireland.


Application has been made for these shares to be admitted to trading on the
Alternative Investment Market and dealings are expected to commence on 29 July
2002.




Enquiries:


Maureen Jones, Conroy Diamonds and Gold          + 353 1 661 8958


Sarah Wharry, Seymour Pierce Limited          + 44 20 7648 8712







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