Director/PDMR Shareholding

City of London Investment Trust PLC
11 January 2007



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).

(1)  An issuer making a notification in respect of a transaction relating to the 
     shares or debentures of the issuer should complete boxes 1 to 16, 23 and 
     24.

(2)  An issuer making a notification in respect of a derivative relating to the 
     shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 
     24.

(3)  An issuer making a notification in respect of options granted to a director
     /person discharging managerial responsibilities should complete boxes 1 to 
     3 and 17 to 24.
     
(4)  An issuer making a notification in respect of a financial instrument 
     relating to the shares of the issuer (other than a debenture) should 
     complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.



Please complete all relevant boxes in block capital letters.


1. Name of the issuer

THE CITY OF LONDON INVESTMENT TRUST PLC


2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

ii DIRECTOR


3. Name of person discharging managerial responsibilities/director

S M DE ZOETE


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

DIRECTOR'S SPOUSE



5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

BENEFICIAL


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

ORDINARY SHARES


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

ALLIANCE TRUST SAVINGS NOMINEES LTD


8 State the nature of the transaction

BENEFICIAL MONTHLY PURCHASE OF SHARES THROUGH THE CITY OF LONDON ALLIANCE TRUST
PENSION


9. Number of shares, debentures or financial instruments relating to shares
acquired

93 ORDINARY 25P SHARES


10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

INSIGNIFICANT


11. Number of shares, debentures or financial instruments relating to shares
disposed

....................................


12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

....................................


13. Price per share or value of transaction

93 shares at 310.07p


14. Date and place of transaction

9 JANUARY 2007 - SCOTLAND


15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

10,027 MRS DE ZOETE
165,000 MR DE ZOETE
_____

175,027



16. Date issuer informed of transaction

10 JANUARY 2007


If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes


17 Date of grant

....................................


18. Period during which or date on which it can be exercised

....................................


19. Total amount paid (if any) for grant of the option

....................................


20. Description of shares or debentures involved (class and number)

....................................


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

....................................


22. Total number of shares or debentures over which options held following
notification

....................................


23. Any additional information

....................................


24. Name of contact and telephone number for queries

DEBORAH TRICKETT  - 020 7818 6816


Name and signature of duly authorised officer of issuer responsible for making
notification

DEBORAH TRICKETT, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED,
SECRETARY


Date of notification

11 JANUARY 2007

END


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