Dividend Declaration

Canadian General Investments Ld 2 April 2002 Canadian General Investments, Limited Declares Dividends on Common and Preference Shares TORONTO, CANADA - Canadian General Investments, Limited has declared quarterly dividends on its common and preference shares. A regular quarterly cash dividend of $0.06 per share is payable on June 15, 2002 to common shareholders of record at the close of business on May 31, 2002. A cash dividend of $0.3375 per share is payable on June 15, 2002 to shareholders of the Corporation's 5.40% Cumulative Redeemable Class A Preference Shares, Series 1 of record at the close of business on May 31, 2002. FOR FURTHER INFORMATION PLEASE CONTACT: Michael A. Smedley President Phone: (416)366-2931 Fax: (416)366-2729 e-mail: cgifund@mmainvestments.com website: www.mmainvestments.com This information is provided by RNS The company news service from the London Stock Exchange
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