Appt of Corporate Broker

City of London Investment Trust PLC
10 October 2000

                             
                             
          THE CITY OF LONDON INVESTMENT TRUST PLC
                             
                             
              APPOINTMENT OF CORPORATE BROKER
                             

The  board  of  The  City of London  Investment  Trust  plc
announces that it has appointed HSBC Investment Bank plc as
the Company's corporate broker.


For further information please contact :

Job Curtis                    or       Vicki Staveacre
Portfolio Manager                     Henderson Press Office
The City of London Investment Trust plc   Tel: [phone]
Tel: [phone]


Norman Brown
Henderson Global Investors
Tel: [phone]