Portfolio Update

RNS Number : 9192T

Canadian General Investments Ld

05 October 2010

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

October 5, 2010

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 September 30, 2010 was $21.09, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.5% and 22.8%, respectively. These compare with the 7.5% and 11.6% 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 September 30, 2010 was $16.51, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 5.5% and 18.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of September 30, 2010 were as follows:

Materials	27.9%
Energy	25.3%
Financials	15.5%
Consumer Discretionary	9.7%
Information Technology	7.2%
Industrials	6.8%
Telecommunication Services	2.3%
Cash & Cash Equivalents	2.3%
Utilities	2.1%
Consumer Staples	1.5%
Health Care	0.4%

The top ten investments which comprised 30.1% of the investment portfolio at market as of September 30, 2010 were as follows:

BMTC Group Inc.	5.1%
Pacific Rubiales Energy Corp.	3.8%
Labrador Iron Ore Royalty Corp.	3.5%
Brookfield Office Properties Canada	2.9%
SXC Health Solutions Corp.	2.5%
Bank of Montreal	2.5%
Franco-Nevada Corporation	2.5%
Royal Bank of Canada	2.5%
Enbridge Inc.	2.5%
Rogers Communications Inc.	2.3%