RNS Number:7866I
Conroy Diamonds & Gold PLC
14 March 2003

                          Conroy Diamonds and Gold plc

                                (the "Company")

                                Grant of Options


The Company announces that it has today granted options over 1,150,000 shares,
at an exercise price of Euro0.08 each, under the Employee Share Option Scheme, to
the following directors:

Professor Richard Conroy                                  500,000
Miss Maureen Jones                                        375,000
James Jones                                               275,000



                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

RDSBRGDXBXBGGXS