City Lon Inv Regulatory News (CLIG)

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Group" or "the Company")

BOARD CHANGES

City of London Investment Group is pleased to announce that Tazim Essani will be joining the Board as a Non-Executive Director (NED) as of 1 February 2021. Tazim has over 30 years of experience in executive roles at Close Brothers Group plc, Santander UK plc and GE Capital. Tazim has a significant track record in strategy and M&A in financial services in the UK and internationally covering integration, management transition and realization of synergy benefits.

There is no further information required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules.

Barry Aling, Chairman of City of London Investment Group, said: "On behalf of the Board I would like to give a warm welcome to Tazim Essani as our new NED. Tazim's extensive experience of driving change and delivering significant results across a range of businesses will add an important dimension to the Board's skill set and we look forward to her contribution as we seek to build on the gains made over the last year."

For further information, please visit http://www.citlon.co.uk/ or contact:

Tom Griffith, CEO

City of London Investment Group PLC

Tel: 001-610-380-0435

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20 3829 5000