Net Asset Value(s)

City of London Investment Trust PLC
21 September 2005


HENDERSON GLOBAL INVESTORS


21 SEPTEMBER 2005



THE CITY OF LONDON INVESTMENT TRUST PLC

As at close of business on 20 September 2005, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 266.7p and the net asset value per share
including debt marked at fair value was 257.2p.



                                    - ENDS -

For further information, please call:

John Hilton, Investment Trust Accounting Department

BNP Paribas Fund Services UK Limited

Tel: [phone]







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