Portfolio Update

RNS Number : 7323E

Canadian General Investments Ld

05 June 2012

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

June 5, 2012

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 May 31, 2012 was $20.95, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.8% and -10.7%, respectively. These compare with the -2.6% and -14.2% 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 May 31, 2012 was $15.00, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -5.9% and -16.3%, respectively.

The sector weightings of CGI's investment portfolio at market as of May 31, 2012 were as follows:

Energy	22.8%
Financials	20.0%
Materials	19.8%
Consumer Discretionary	10.8%
Information Technology	10.3%
Industrials	8.6%
Telecommunication Services	3.3%
Utilities	3.0%
Consumer Staples	0.6%
Cash & Cash Equivalents	0.5%

The top ten investments which comprised 34.7% of the investment portfolio at market as of May 31, 2012 were as follows:

SXC Health Solutions Corp.	4.7%
Labrador Iron Ore Royalty Corporation	4.2%
Enbridge Inc.	3.8%
Apple Inc.	3.6%
Dollarama Inc.	3.6%
Brookfield Canada Office Properties	3.5%
Franco-Nevada Corporation	3.4%
BMTC Group Inc.	3.0%
Bank of Montreal	2.6%
Pacific Rubiales Energy Corp.	2.3%