Directors' Dealings

City of London Investment Trust PLC
28 January 2000


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
CITY OF LDN INVEST TRUST PLC

2   Name of director:
SIR KEITH STUART

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
SIR KEITH STUART

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
NOT SPECIFIED

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
-

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
-

7   Number of shares/amount of stock acquired:
5,000

8   Percentage of issued class:
INSIGNIFICANT

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
ORDINARY 25P SHARES

12  Price per share:
£2.42

13  Date of transaction:
28.01.2000

14  Date company informed:
28.01.2000

15  Total holding following this notification:
10,000

16  Total percentage holding of issued class following this notification:
INSIGNIFICANT

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
-

18  Period during which or date on which exercisable:
-

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

20  Description of shares or debentures involved: class, number:
-

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

22  Total number of shares or debentures over which options held following
this notification:
-

23  Contact name for queries:
-

24  Contact telephone number:
G S RICE

25  Name of company official responsible for making notification:
28.01.2000





Additional Information: