Portfolio Update

Canadian General Investments Ld
06 September 2007


NEWS RELEASE TRANSMITTED BY CCN MATTHEWS


FOR: CANADIAN GENERAL INVESTMENTS, LIMITED


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

LONDON STOCK EXCHANGE: CGI


September 6, 2007


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 August 31, 2007 was
$31.80, resulting in year-to-date and 12-month NAV returns, with dividends
reinvested, of 2.1% and 18.8%, respectively. CGI's returns compare with the 7.5%
and 16.0% 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 August 31 was $27.40, resulting in
year-to-date and 12-month market returns, with dividends reinvested, of 0.7% and
8.1%, respectively.


The sector weightings of CGI's investment portfolio at market as of August 31,
2007 were as follows:

Financials                                                                24.3%
Energy                                                                    21.6%
Materials                                                                 19.2%
Industrials                                                               10.7%
Consumer Discretionary                                                     7.9%
Information Technology                                                     4.9%
Telecommunication Services                                                 4.5%
Consumer Staples                                                           2.7%
Cash & Cash Equivalents                                                    1.6%
Utilities                                                                  1.5%
Health Care                                                                1.1%


The top ten investments, which comprised 20.9% of the investment portfolio at
market, excluding non-convertible preferred shares, as of August 31, 2007 were
as follows:

Research In Motion Limited                                                 3.1%
Rogers Communications Inc.                                                 3.0%
Cameco Corporation                                                         2.3%
BPO Properties Ltd.                                                        2.2%
TSX Group Inc.                                                             1.9%
BMTC Group Inc.                                                            1.9%
Russel Metals Inc.                                                         1.7%
Algoma Central Corporation                                                 1.7%
HudBay Minerals Inc.                                                       1.6%
Canadian Western Bank                                                      1.5%


Note 1: CGI's investment in NYSE Euronext, Inc. through its holdings in Caldwell
New York Limited Partnership and Caldwell New York LP IV represented 2.5% of its
investment portfolio at August 31, 2007.






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FOR FURTHER INFORMATION PLEASE CONTACT:

Canadian General Investments, Limited

Jonathan A. Morgan

President and CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.mmainvestments.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange