City of London Group Plc : TR1-Notification of Major Interest in Shares

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. ldentity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	City of London Group pie
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economie effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	The BL & RB Foundation
4. Full name of shareholder(s) (if different from 3.):iv	The BL & RB Foundation
5. Date of the transaction and date on which the threshold is crossed or reached: v	12 January 2013
6. Date on which issuer notified:	20 January 2013
7. Threshold(s) that is/are crossed or reached: vi, vii	Holding of 6.56% of issued capitai

8. Notified details: -- - -

A: Voting rights attached to shares viii, ix

Class/type of shares	Situation previous to the triggering	Resulting situation after the triggering transaction
	transaction
if possible using the ISIN CODE	Number Number of of	Number Number of voting % of voting rights x of shares rights
	Shares Voting Rights	Direct Direct xi lndirect xii Direct lndirect

Ordinary Shares

of 10p each 1325000 1325000 6.56

8: Qualifying Financial lnstruments
Resulting situation after the triggering transaction
Type of financial instrument f T	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financiallnstruments with similar economie effect to Qualifying Financiallnstruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, )()(
					Nominai	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
1325000	6.56

9. Chain of controlled undeltakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	The Trustees of the BL & RB Foundation
15. Contact telephone number: