Portfolio Update

RNS Number : 6599P

Canadian General Investments Ld

05 October 2011

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, 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 September 30, 2011 was $19.41, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -18.6% and -4.0%, respectively. These compare with the -11.9% and -3.6% 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, 2011 was $15.40, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -18.9% and -1.7%, respectively.

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

Energy	23.7 %
Materials	21.8%
Financials	17.0%
Consumer Discretionary	9.6%
Information Technology	8.1%
Cash & Cash Equivalents	6.7%
Industrials	6.0%
Utilities	3.1%
Telecommunication Services	2.3%
Consumer Staples	0.7%
Health Care	0.6%

The top ten investments which comprised 34.9% of the investment portfolio at market as of September 30, 2011 were as follows:

BMTC Group Inc.	5.2%
Labrador Iron Ore Royalty Corporation	4.6%
Canadian Treasury Bills	3.6%
SXC Health Solutions Corp.	3.4%
Enbridge Inc.	3.3%
Cash	3.1%
Apple Inc.	3.1%
Brookfield Office Properties Canada	3.0%
Bank of Montreal	2.9%
Pacific Rubiales Energy Corp.	2.7%