Portfolio Update

RNS Number : 9278J

Canadian General Investments Ld

06 July 2011

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

July 6, 2011

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 June 30, 2011 was $22.95, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -4.0% and 32.1%, respectively. These compare with the 0.2% and 20.9% 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 June 30, 2011 was $17.95, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -5.8% and 24.9%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2011 were as follows:

Energy	25.3%
Materials	24.8%
Financials	16.3%
Consumer Discretionary	10.6%
Industrials	6.3%
Information Technology	5.5%
Cash & Cash Equivalents	5.5%
Utilities	2.5%
Telecommunication Services	2.2%
Consumer Staples	0.9%

The top ten investments which comprised 34.0% of the investment portfolio at market as of June 30, 2011 were as follows:

Cash	5.5%
Labrador Iron Ore Royalty Corporation	4.8%
BMTC Group Inc.	4.3%
SXC Health Solutions Corp.	3.2%
Brookfield Office Properties Canada	2.9%
Pacific Rubiales Energy Corp.	2.8%
IMAX Corporation	2.7%
Enbridge Inc.	2.7%
Bank of Montreal	2.7%
Blackpearl Resources Inc.	2.4%