Issue of Equity

HENDERSON INVESTMENT FUNDS LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

31 May 2016

THE CITY OF LONDON INVESTMENT TRUST PLC

ALLOTMENT OF SHARES

The Company announces the allotment of 100,000 ordinary shares of 25p each fully paid under its block listing facility. These shares were issued on Friday 27 May 2016 for cash at a price of 382.3p per share. The number of ordinary shares in issue is now 324,659,868.

The number of voting rights in the Company is now:

a)         21,643,991 in respect of the ordinary shares (one vote for every 15 shares held);

b)         30,198 in respect of the First Preference Stock (one vote for every £10 of stock held); and

c)         29,484 in respect of the Preferred Ordinary Stock (one vote for every £20 of stock held).

Therefore, the total number of voting rights in the Company is 21,703,673.

The above figure (21,703,673) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, The City of London Investment Trust plc under the FCA's Disclosure and Transparency Rules.  

 For further information please contact:

Job Curtis

Fund Manager

The City of London Investment Trust plc

Telephone: 020 7818 4367

James de Sausmarez

Director and Head of Investment Trusts

Henderson Investment Funds Limited                                                   

Telephone: 020 7818 3349