Portfolio Update

RNS Number : 4683R

Canadian General Investments Ld

03 November 2011

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, 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 October 31, 2011 was $20.65, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -13.4% and -3.4%, respectively. These compare with the -6.9% and -0.8% 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, 2011 was $15.85, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -16.5% and -5.0%, respectively.

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

Energy	25.2%
Materials	21.2%
Financials	17.0%
Consumer Discretionary	9.1%
Cash & Cash Equivalents	8.2%
Industrials	7.0%
Information Technology	6.9%
Telecommunication Services	3.1%
Utilities	2.9%
Consumer Staples	0.7%
Health Care	0.6%

The top ten investments which comprised 34.2% of the investment portfolio at market as of October 31, 2011 were as follows:

Cash	4.8%
BMTC Group Inc.	4.7%
Labrador Iron Ore Royalty Corporation	4.3%
Canadian Treasury Bills	3.4%
Enbridge Inc.	3.2%
Brookfield Office Properties Canada	3.0%
Bank of Montreal	2.8%
Pacific Rubiales Energy Corp.	2.7%
Apple Inc.	2.7%
SXC Health Solutions Corp.	2.6%