Portfolio Update

RNS Number : 5668Q

Canadian General Investments Ld

04 August 2010

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

August 4, 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 July 31, 2010 was $19.22, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.4% and 22.3%, respectively. These compare with the 1.3% and 11.7% 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 July 31, 2010 was $15.10, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -3.9% and 27.3%, respectively.

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

Energy	23.5%
Materials	22.1%
Financials	16.5%
Cash & Cash Equivalents	9.4%
Consumer Discretionary	8.6%
Industrials	6.9%
Information Technology	6.8%
Telecommunication Services	2.3%
Utilities	2.1%
Consumer Staples	1.8%

The top ten investments which comprised 35.2% of the investment portfolio at market as of July 31, 2010 were as follows:

Canadian Treasury Bills	7.3%
BMTC Group Inc.	4.9%
Pacific Rubiales Energy Corp.	3.5%
Labrador Iron Ore Royalty Corp	3.4%
Brookfield Office Properties Canada	2.9%
Bank of Montreal	2.9%
Royal Bank of Canada	2.7%
Franco-Nevada Corporation	2.6%
SXC Health Solutions Corp.	2.5%
Enbridge Inc.	2.5%