Portfolio Update

RNS Number : 9074U

Canadian General Investments Ld

04 January 2013

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

January 4, 2013

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 December 31, 2012 was $21.87, resulting in a one-year NAV return, with dividends reinvested, of 10.8%. This compares with the 7.2% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.

The closing price for CGI's common shares at December 31, 2012 was $15.75, resulting in an annual market return, with dividends reinvested, of 3.4%.

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

Materials	22.3%
Financials	21.3%
Energy	21.1%
Consumer Discretionary	9.0%
Industrials	8.7%
Information Technology	4.8%
Health Care	4.2%
Telecommunication Services	3.9%
Utilities	3.1%
Cash & Cash Equivalents	0.9%
Consumer Staples	0.7%

The top ten investments which comprised 33.8% of the investment portfolio at market as of December 31, 2012 were as follows:

Franco-Nevada Corporation	4.3%
Catamaran Corporation	4.2%
Labrador Iron Ore Royalty Corporation	3.8%
Enbridge Inc.	3.8%
Brookfield Canada Office Properties	3.7%
Dollarama Inc.	3.6%
Bank of Montreal	2.8%
Rogers Communications Inc.	2.7%
Apple Inc.	2.5%
Royal Bank of Canada	2.4%