Portfolio Update

RNS Number : 6767A

Canadian General Investments Ld

03 February 2011

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

February 3, 2011

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 January 31, 2011 was $24.40, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 1.5% and 38.8%, respectively. These compare with the 1.0% and 25.5% 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 January 31, 2011 was $19.35, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 0.9% and 32.4%, respectively.

The sector weightings of CGI's investment portfolio at market as of January 31, 2011 were as follows:

Energy	30.4%
Materials	27.8%
Financials	14.2%
Consumer Discretionary	9.7%
Information Technology	5.9%
Industrials	5.6%
Utilities	2.4%
Telecommunication Services	1.9%
Consumer Staples	1.3%
Cash & Cash Equivalents	0.8%

The top ten investments which comprised 30.5% of the investment portfolio at market as of January 31, 2011 were as follows:

BMTC Group Inc.	4.2%
Labrador Iron Ore Royalty Corporation	4.1%
Pacific Rubiales Energy Corp.	4.1%
Western Coal Corp.	3.1%
Brookfield Office Properties Canada	2.7%
SXC Health Solutions Corp.	2.6%
Blackpearl Resources Inc.	2.5%
Teck Resources Limited	2.4%
Potash Corporation of Saskatchewan Inc.	2.4%
Bank of Montreal	2.4%