Share Buyback and Total Voting Rights

7 May 2019

CITY OF LONDON INVESTMENT GROUP PLC

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

Share Buyback and Total Voting Rights

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional products investing in closed-end funds, announces that on 3 May 2019 the Company purchased for cancellation 40,000 ordinary shares of 1p each ("Ordinary Shares") at a price of 407 pence per share. Following the cancellation of these shares, the Company's issued Ordinary Share capital with voting rights will be 26,596,707 shares. There are no Ordinary Shares held in treasury.

The above figure of 26,596,707 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further information please visit 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