Canadian General Investments, Limited

Canadian General Investments, Limited

November 02, 2007 12:04 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - Nov. 2, 2007) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.A)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2007 was $36.10, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 15.9% and 30.4%, respectively. CGI's returns compare with the 15.6% and 24.3% 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 was $30.48, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 12.0% and 21.9%, respectively.

The sector weightings of CGI's investment portfolio at market as of October 31, 2007 were as follows:

Materials 22.7%
Financials 22.5%
Energy 20.5%
Industrials 10.9%
Consumer Discretionary 7.9%
Information Technology 5.8%
Telecommunication Services 4.1%
Consumer Staples 2.6%
Utilities 1.5%
Health Care 0.9%
Cash & Cash Equivalents 0.6%

The top ten investments, which comprised 21.2% of the investment portfolio at market, excluding non-convertible preferred shares, as of October 31, 2007 were as follows:

Research In Motion Limited 3.7%
Rogers Communications Inc. 2.7%
Cameco Corporation 2.3%
TSX Group Inc. 2.0%
BPO Properties Ltd. 2.0%
Thompson Creek Metals Company Inc. 1.8%
BMTC Group Inc. 1.8%
HudBay Minerals Inc. 1.7%
Labrador Iron Ore Royalty Income Fund 1.6%
Russel Metals Inc. 1.6%

Note 1: CGI's investment in NYSE Euronext, Inc. through its holdings in Caldwell New York Limited Partnership and Caldwell New York LP IV represented 2.6% of its investment portfolio at October 31, 2007.

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