All Resolutions Passed at AGM

City of London Investment Trust PLC
4 November 1999


         THE CITY OF LONDON INVESTMENT TRUST PLC
                            
                 Annual General Meeting

The  City  of  London Investment Trust plc  hereby  gives
notification  that at the Annual General Meeting  of  the
Company  held today all the resolutions, as  set  out  in
full  in  the  notice of meeting dated 3 September  1999,
were  duly passed.  One of the resolutions gave authority
to  the  Company  to  make  market  purchases  of  up  to
31,561,915 ordinary shares (being 14.99% of the  ordinary
shares in issue at 3 September 1999).

                            
For further information please contact:

Job Curtis
Portfolio Manager
The City of London Investment Trust plc
Telephone: [phone]

or

Alex Crooke
Deputy Portfolio Manager
The City of London Investment Trust plc
Telephone: [phone]

or

Vicki Staveacre/Martin Wade
Henderson Press Office
Telephone: [phone]