Director/PDMR Shareholding

City of London Investment Group PLC
13 November 2006




City of London Investment Group plc



13 November 2006



Director Shareholding



On 10 November 2006 Doug Allison (Finance Director) exercised options over
10,000 shares at 45 pence each, taking his total shareholding to 175,625 shares
being 0.7% of the Company's issued share capital.



ENDS



Enquiries:
City of London Investment Group plc             Teather & Greenwood

Doug Allison                                    Fred Walsh
Finance Director                                Tel: [phone]
Tel:  [phone]








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