Appointment of Joint Broker

1 June 2010

CITY OF LONDON INVESTMENT GROUP PLC

("City of London" or the "Company") 

Appointment of Canaccord Genuity

City of London (AIM:CLIG), a leading emerging market and natural resource asset management group, is pleased to announce today the appointment of Canaccord Genuity Limited as Joint Broker to the Company with immediate effect.

Singer Capital Markets continues as Nominated Adviser and Joint Broker.

For further information, please contact:

Doug Allison                                                                                        +44 20 7711 0771

Finance Director

City of London Investment Group plc

Jeff Keating                                                                                         +44 20 3205 7500

Singer Capital Markets Ltd

Nominated Adviser and Joint Broker

Simon Bridges                                                                                    +44 20 7050 6500

Canaccord Genuity Limited

Joint Broker