Gold nanoparticles were attached to amine-functionalized indium tin oxide substrate to form particle ensemble electrodes with controlled particle coverage. Electrooxidation of carbon monoxide (CO) on these particle ensemble electrodes was studied in CO-saturated alkaline solutions by means of cyclic voltammetry, with an emphasis on the effects of particle coverage. CO oxidation half-wave potential was found to decrease with increasing particle density. However, the current density was significantly larger at lower particle coverage electrodes. On the basis of a model for electron transfer on a partially covered electrode, the observations were explained in terms of the change in reactant mass transport pattern with varying particle coverages: CO diffusion is predominantly mixed spherical and linear at low particle coverages and changes to mostly linear at high particle coverages. The possibility of contributions from particle agglomeration is also briefly discussed.