Portfolio Update

City of London Investment Trust PLC
03 January 2007

THE CITY OF LONDON INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

3 JANUARY 2007




                    THE CITY OF LONDON INVESTMENT TRUST PLC

                            Listing Rule 15.4.11 (2)


In accordance with paragraph 15.4.11 (2) of the Listing Rules, The City of
London Investment Trust plc announces its ten largest investments as at 31
December 2006. There are no holdings with a value greater than 5% of gross
assets.


Company
BP
HSBC
British American Tobacco
Diageo
Barclays
BT
Lloyds TSB
Vodafone
Land Securities
GlaxoSmithKline





                                    - ENDS -




For further information, please call:

Job Curtis
Fund Manager
The City of London Investment Trust plc
Telephone: [phone]


James de Sausmarez
Head of Investment Trusts
Henderson Global Investors
Telephone: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange      PFUSSUFDDSWSEIF