Portfolio Update

RNS Number : 8989B

Canadian General Investments Ld

03 November 2009

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

November 3, 2009

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, 2009 was $17.32, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 25.9% and 14.8%, respectively. These compare with the 24.8% and 15.7% 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, 2009 was $14.20, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 58.2% and 26.9%, respectively.

The sector weightings of CGI's investment portfolio at market as of October 31, 2009 were as follows:

Materials	27.0%
Energy	24.4%
Financials	16.9%
Industrials	7.0%
Information Technology	5.9%
Consumer Discretionary	5.6%
Cash & Cash Equivalents	4.3%
Consumer Staples	3.5%
Telecommunication Services	2.2%
Utilities	1.9%

The top ten investments which comprised 26.0% of the investment portfolio at market as of October 31, 2009 were as follows:

Royal Bank of Canada	3.0%
Canadian Treasury Bill	2.9%
Labrador Iron Ore Royalty Income Fund	2.9%
BMTC Group Inc.	2.8%
Petrobank Energy and Resources Ltd.	2.5%
Bank of Montreal	2.5%
Pacific Rubiales Energy Corp.	2.5%
BPO Properties Ltd.	2.4%
Franco-Nevada Corporation	2.3%
Rogers Communications Inc.	2.2%