Portfolio Update

RNS Number : 3460O

Canadian General Investments Ld

04 March 2009

NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

March 4, 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 February 28, 2009 was $12.89, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -7.5% and -55.6%, respectively. These compare with the -9.1% and -38.2% 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 February 28, 2009 was $9.16, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 0.4% and -61.9%, respectively.

The sector weightings of CGI's investment portfolio at market as of February 28, 2009 were as follows:

Cash & Cash Equivalents	25.3%
Energy	15.7%
Materials	15.5%
Financials	11.2%
Industrials	8.8%
Consumer Discretionary	7.7%
Telecommunication Services	6.4%
Consumer Staples	4.1%
Utilities	3.1%
Information Technology	2.2%

The top ten investments which comprised 49.6% of the investment portfolio at market as of February 28, 2009 were as follows:

Canadian Treasury Bills	15.3%
Canadian Cash	10.0%
BMTC Group Inc.	3.6%
Franco-Nevada Corporation	3.4%
Enbridge Inc.	3.4%
TransCanada Corporation	3.2%
Rogers Communications Inc.	3.1%
Agnico-Eagle Mines Limited	2.7%
Labrador Iron Ore Royalty Income Fund	2.5%
BPO Properties Ltd.	2.4%