Dividend Declaration

Canadian General Investments Ld
08 February 2006



NEWS RELEASE TRANSMITTED BY CCN MATTHEWS

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED


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

LONDON STOCK EXCHANGE: CGI, CGIW


FEBRUARY 7, 2006


Canadian General Investments, Limited

Declares Dividends on Common and Preference Shares


TORONTO, CANADA -- Canadian General Investments, Limited has declared quarterly
dividends on its common and preference shares.


A regular quarterly cash dividend of $0.06 per share is payable on March 15,
2006 to common shareholders of record at the close of business on February 28,
2006.


A cash dividend of $0.3375 per share is payable on March 15, 2006 to
shareholders of the Corporation's 5.40% Cumulative Redeemable Class A Preference
Shares, Series 1 of record at the close of business on February 28, 2006.


A cash dividend of $0.290625 per share is payable on March 15, 2006 to
shareholders of the Corporation's 4.65% Cumulative Redeemable Class A Preference
Shares, Series 2 of record at the close of business on February 28, 2006.



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FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.mmainvestments.com







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