Portfolio Update

RNS Number : 9830O

Canadian General Investments Ld

07 July 2010

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, 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 June 30, 2010 was $18.12, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -5.4% and 20.7%, respectively. These compare with the -2.5% and 12.0% 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, 2010 was $15.15, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -3.6% and 29.8%, respectively.

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

Energy	23.3%
Materials	21.5%
Financials	16.2%
Cash & Cash Equivalents	10.9%
Consumer Discretionary	8.4%
Industrials	6.8%
Information Technology	6.7%
Telecommunication Services	2.4%
Utilities	2.0%
Consumer Staples	1.8%

The top ten investments which comprised 36.3% of the investment portfolio at market as of June 30, 2010 were as follows:

Canadian Treasury Bills	7.6%
BMTC Group Inc.	4.7%
Pacific Rubiales Energy Corp.	3.5%
Canadian Cash	3.3%
Labrador Iron Ore Royalty Income Fund	3.2%
SXC Health Solutions Corp.	3.0%
Brookfield Office Properties Canada	2.9%
Franco-Nevada Corporation	2.8%
Bank of Montreal	2.7%
Royal Bank of Canada	2.6%