Hi Marius,
Unfortunately this is a feature introduced in 12.4T, I tried it on 12.4(15)T14 and worked fine:
policy-map CoPP
class CoPP_ICMP
police 8000 1000 1000 conform-action transmit exceed-action drop violate-action drop
log interval 5000
Where 5000 is milliseconds. Every 5000 ms you will receive one log (even if there was more than one log in this interval)
This is the log:
*Mar 1 01:00:15.563: %CP-6-IP: DROP Control-plane Policing 2.2.2.2 -> 2.2.2.1 icmp
*Mar 1 01:00:17.567: %CP-6-IP: DROP Control-plane Policing 2.2.2.2 -> 2.2.2.1 icmp
If you would like to try it, make sure this will not affect the CPU of the Router by configuring a large log interval and monitoring your CPU.
Cheers,
Mariana R.