As announced in our 2010 Annual Report and Accounts, Sir Keith Stuart is retiring from the Board of The City of London Investment Trust with effect from today's date.
The Board wishes to thank Sir Keith for his invaluable contribution and counsel during his 11 years' directorship.
With effect from 1 April 2011, Mr Richard Hextall will be the Chairman of the Audit Committee.
-ENDS-
For further information, please contact:
Job Curtis
Fund Manager
The City of London Investment Trust plc
Telephone: 020 7818 4367
James de Sausmarez
Director and Head of Investment Trusts
Henderson Global Investors
Telephone: 020 7818 3349
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