RNS Number:5575N
City of London Investment Trust PLC
15 July 2003

15 July 2003


                    THE CITY OF LONDON INVESTMENT TRUST PLC


                          Issue of New Ordinary Shares

Application has been made to the Financial Services Authority and the London
Stock Exchange plc for a total of 1,000,000 ordinary shares of 25p each
("shares") to be admitted to the Official List.

It is expect that admission will be granted on 17 July 2003 and trading will
commence on 18 July 2003.

These shares are being reserved under a block listing and will be used for
issues other than those covered by existing block listings for Share Plan and
PEP schemes.

                                    - ENDS -

For further information please contact :

Job Curtis

Portfolio Manager, The City of London Investment Trust plc

Telephone: 020 7818 4367

Stephen Westwood

Head of Investment Trusts, Henderson Global Investors

Telephone: 020 7818 5517

or

Stephen Phillips

Investor Relations Manager, Henderson Global Investors

Telephone: 020 7818 6417




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