Portfolio Update

RNS Number : 9577F

Canadian General Investments Ld

04 May 2011

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

May 4, 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 April 30, 2011 was $24.72, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.1% and 22.4%, respectively. These compare with the 4.5% and 17.2% 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 April 30, 2011 was $19.28, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 0.8% and 12.8%, respectively.

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

Materials	29.9%
Energy	26.2%
Financials	15.5%
Consumer Discretionary	10.2%
Information Technology	6.0%
Industrials	5.9%
Utilities	2.3%
Telecommunication Services	1.9%
Cash & Cash Equivalents	1.2%
Consumer Staples	1.1%

The top ten investments which comprised 29.6% of the investment portfolio at market as of April 30, 2011 were as follows:

BMTC Group Inc.	4.4%
Labrador Iron Ore Royalty Corporation	4.3%
Pacific Rubiales Energy Corp.	2.9%
SXC Health Solutions Corp.	2.8%
IMAX Corporation	2.7%
Brookfield Office Properties Canada	2.6%
Blackpearl Resources Inc.	2.6%
Bank of Montreal	2.6%
Enbridge Inc.	2.5%
Royal Bank of Canada	2.2%