The cocaine was discovered in November of last year.
A 26 year-old man is due in court this morning charged with a number of drug related offences.
It follows the discovery of over 400-thousand pounds worth of Cocaine in the Dundrod area of Co.Antrim last year.
Police stopped a Mercedes Car in November, where one kilo of the drug was recovered.
The 26 year-old suspect will appear before Londonderry Magistrates court later.
Woman rescued from house in Saintfield following petrol bomb attack
More than 100 firefighters tackle Omagh industrial fire as casualty airlifted
MLAs hit out at ‘Executive chaos’ after U-turn on special school summer schemes
Delivery driver forced at gunpoint to take object to police station
Elderly woman dies after road collision in Armagh