Further re Related Party Transaction

 
TIDMCDG 
 
4 November 2009 
 
                        Conroy Diamonds and Gold P.l.c. 
 
                          ("Conroy" or "the Company") 
 
                     Further re: Related Party Transaction 
 
Further to the final results announcement released earlier today, Conroy (AIM: 
CDG), the gold exploration and development company focused on Ireland and 
Finland, announces the further terms of the loans advanced by Professor Conroy 
to support the working capital requirements of the Company. 
 
As set out in the Chairman's statement dated 4 November 2009, during the year 
ended 31 May 2009 Professor Conroy advanced aggregate loans of EUR588,029. These 
loans were made in accordance with a letter of support dated 11 November 2008, 
which was renewed on 3 November 2009. The renewed letter of support provides 
confirmation of support from Professor Conroy for the current financial period 
ending 31 May 2010. 
 
The loans have been and will continue to be made on normal commercial terms. 
The interest on the loans is currently accruing at a rate of 8.25 per cent per 
annum. The loans may be repaid at anytime but Professor Conroy has confirmed 
that he will not request repayment, other than in exceptional circumstances, 
within a period of less than one year. 
 
Further enquiries: 
 
Conroy Diamonds and Gold Plc                             Tel: [phone] 
 
Professor Richard Conroy 
 
Merchant John East Securities Limited                        Tel: [phone] 
 
Simon Clements / Virginia Bull 
 
City Capital Corporation Limited                             Tel: [phone] 
 
Charles Dampney 
 
Lothbury Financial Limited                                   Tel: [phone] 
 
Ron Marshman / Michael Padley 
 
Further details on Conroy Diamonds and Gold can be found on its website at: 
www.conroydiamondsandgold.com 
 
Conroy Share Price 
 
 
 
END