City Of London Investment Regulatory News (CTY)

HENDERSON INVESTMENT FUNDS LIMITED

THE CITY OF LONDON INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800F3NOTF47H6AO55

24 October 2019

THE CITY OF LONDON INVESTMENT TRUST PLC

Annual General Meeting of the Company

held on Thursday 24 October 2019

The City of London Investment Trust plc announces that at the Annual General Meeting held earlier today all resolutions proposed were duly passed on a show of hands. This included four Special Resolutions authorising:

- up to 10% of the share capital to be issued or sold out of treasury without first offering them to existing shareholders in accordance with statutory pre-emption procedures; and

- the Company to make market purchases of the Company's ordinary shares up to a maximum of 14.99% of the issued ordinary share capital (equivalent to 57,880,117 ordinary shares as at today's date) at the maximum price per share (exclusive of expenses) not exceeding the higher of:

i) 105% of the average middle market quotations for the five business days preceding the date of purchase; and

ii) the higher of the last independent bid and the highest current independent bid on the London Stock Exchange. Shares repurchased will either be held in treasury or cancelled; and

- the Company to make market purchases of the Company's preferred stock; and

- that a General Meeting other than an Annual General Meeting may be called on not less than 14 clear days' notice.

The full text of all the resolutions can be found in the Notice of Meeting, copies of which are available for viewing at www.morningstar.co.uk/uk/nsm.

For further information please contact:

Job Curtis

Fund Manager

The City of London Investment Trust plc

Tel: 020 7818 4367

Wendy King

For and on behalf of Henderson Secretarial Services Limited

The City of London Investment Trust plc

Tel: 020 7818 4233

Laura Thomas

Investment Trust PR Manager

Janus Henderson Investors Tel: 020 7818 2636