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City of London IT (CTY)

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Friday 10 January, 2003

City of London IT

Holding(s) in Company

City of London Investment Trust PLC
10 January 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
THE CITY OF LONDON INVESTMENT TRUST PLC

2. Name of shareholder having a major interest
LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
AS ABOVE, MATERIAL INTEREST

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 775245      913,784

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 357206     4,899,837

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 866203      282,000

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 360509      181,848
     6,277,469



5. Number of shares / amount of stock acquired
130,000

6. Percentage of issued class
-

7. Number of shares / amount of stock disposed
-

8. Percentage of issued class
-

9. Class of security
ORDINARY 25p SHARES







10. Date of transaction
8 JANUARY 2003



11. Date company informed
10 JANUARY 2003

12. Total holding following this notification
6,277,469 ORDINARY 25p SHARES

13. Total percentage holding of issued class following this notification
3.04%

14. Any additional information
-

15. Name of contact and telephone number for queries
KRISTA BURWOOD - 020 7818 2966

16. Name and signature of authorised company official responsible for making
this notification
KRISTA BURWOOD, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED, 
SECRETARY

Date of notification
10 JANUARY 2003

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