Net Asset Value(s)

RNS Number : 8777A

Canadian General Investments Ld

04 April 2012

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C

LONDON STOCK EXCHANGE: CGI

April 4, 2012

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2012 was $22.52, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.5% and -5.6%, respectively. These compare with the 4.4% and -9.8% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The closing price for CGI's common shares at March 31, 2012 was $16.92, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 6.1% and -10.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of March 31, 2012 were as follows:

Energy	24.3%
Materials	21.7%
Financials	19.4%
Consumer Discretionary	9.6%
Industrials	9.0%
Information Technology	9.0%
Telecommunication Services	3.3%
Utilities	2.8%
Cash & Cash Equivalents	0.7%
Consumer Staples	0.6%

The top ten investments which comprised 31.6% of the investment portfolio at market as of March 31, 2012 were as follows:

Labrador Iron Ore Royalty Corporation	4.4
SXC Health Solutions Corp.	3.6
Apple Inc.	3.4
Enbridge Inc.	3.4
Franco-Nevada Corporation	3.2
Brookfield Canada Office Properties	3.0
BMTC Group Inc.	2.9
Dollarama Inc.	2.7
Bank of Montreal	2.6
Pacific Rubiales Energy Corp.	2.4