Appointment of Joint Broker

City of London Investment Group PLC
26 March 2008

For immediate release: 26 March 2008

                      CITY OF LONDON INVESTMENT GROUP PLC

                               ('City of London')

                          Appointment of Joint Broker

City of London Investment Group plc, the leading emerging market and natural
resource asset management group, today announces that it has appointed Evolution
Securities Limited as joint broker. This appointment is with immediate effect.

Landsbanki Securities (UK) Ltd remains City of London's nominated adviser and
joint broker.

                                     -ends-

Enquiries:

City of London Investment Group plc
Doug Allison                                 Tel: [phone]

Landsbanki Securities (UK) Ltd
NOMAD and Joint Broker
Jeff Keating/Fred Walsh/Simon Brown          Tel: [phone]

Evolution Securities Limited
Joint Broker
Tom Price/Romil Kanani                       Tel: [phone]

Tavistock Communications
Simon Hudson/Andrew Dunn                     Tel: [phone]




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