Agreement Signed with Tetra Tech WEI Inc.

26 November 2012 Conroy Gold and Natural Resources plc ("Conroy" or "the Company") Agreement Signed with Tetra Tech WEI Inc. ("Tetra Tech") to Provide Technical Services in Support of the Metallurgical Test Work Programme Conroy Gold and Natural Resources plc (AIM:CGNR; ESM:CGNR.I), the gold exploration and development company focused on Ireland which plans to develop its first gold mine in Clontibret in Co. Monaghan, is pleased to announce that Tetra Tech have been appointed to provide technical services in support of the ongoing metallurgical test work programme. Tetra Tech will review the metallurgical studies on behalf of Conroy and compile the metallurgical report for the metallurgical section in the Feasibility Studies for the proposed mine. Tetra Tech is a multi-disciplined engineering and consulting firm which has been working in the global mining industry since the early 1960s and is at the forefront of gold mining expertise. Tetra Tech has a particular expertise in biological oxidation techniques. Tetra Tech carried out the Scoping Studies for the planned mine on 20% of the Clontibret gold target and are therefore already very familiar with the project. The Pre-Feasibility metallurgical test work programme, which is already underway, comprises Comminution, Flotation and BIOX® Test work. The test work is being managed and executed by SGS South Africa (Pty) Ltd ("SGS") under the supervision and direction of Gold Fields Ltd ("Goldfields"). BIOX® is a well-established bacterial oxidation process. Gold Fields Ltd is a world leader in this environmentally friendly proven technology with a number of plants currently in operation worldwide including South Africa, Ghana, Brazil, China and Australia. Commenting today, Chairman, Professor Richard Conroy said: "I am delightedthat Tetra Tech with their outstanding expertise in metallurgyisinvolved in association with SGS and Goldfields in the Metallurgical studies, one of the major sections of the Feasibility Studies." For further information please contact: Conroy Gold and Natural Resources plc Tel: +353-1-661-8958 Professor Richard Conroy, Chairman Merchant Securities Limited (Nomad) Tel: +44-20-7628-2200 Simon Clements/Virginia Bull Hybridan LLP (Joint Broker) Tel: +44-20-7947-4350 Claire Noyce/Deepak Reddy Shore Capital Stockbrokers Limited (Joint Broker) Tel: +44-20-7408-4050 Jerry Keen/Bidhi Bhoma/Toby Gibbs IBI Corporate Finance Limited (ESM Adviser) Tel: +353-766-234-800 Brian Farrell Lothbury Financial Services Limited Tel: +44-20-3440-7620 Michael Padley/Michael Spriggs Hall Communications Tel: +353-1-660-9377 Don Hall Visit the website at: www.conroygoldandnaturalresources.com