Portfolio Update

RNS Number : 5094V

Canadian General Investments Ld

02 November 2010

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

November 2, 2010

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 October 31, 2010 was $22.29, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 16.7% and 33.6%, respectively. These compare with the 10.4% and 19.5% 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 October 31, 2010 was $17.58, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 12.3% and 29.9%, respectively.

The sector weightings of CGI's investment portfolio at market as of October 31, 2010 were as follows:

Materials	29.3%
Energy	26.1%
Financials	15.6%
Consumer Discretionary	10.0%
Information Technology	6.2%
Industrials	5.8%
Utilities	2.4%
Telecommunication Services	2.2%
Consumer Staples	1.5%
Transportation & Environment	0.6%
Health Care	0.5%
Cash & Cash Equivalents	0.2%

The top ten investments which comprised 30.6% of the investment portfolio at market as of October 31, 2010 were as follows:

BMTC Group Inc.	4.9%
Pacific Rubiales Energy Corp.	4.1%
Labrador Iron Ore Royalty Corporation	3.8%
Bank of Montreal	2.9%
Brookfield Office Properties Canada	2.9%
Franco-Nevada Corporation	2.6%
Enbridge Inc.	2.5%
Royal Bank of Canada	2.4%
SXC Health Solutions Corp.	2.3%
Rogers Communications Inc.	2.2%