Canadian General Investments, Limited

Canadian General Investments, Limited

January 03, 2008 16:14 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - Jan. 3, 2008) - 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 December 31, 2007 was $31.89, resulting in a one-year NAV return with dividends reinvested of 7.2% . This compares with the 9.8% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.

The closing price for CGI's common shares at December 31, 2007 was $28.30, resulting in an annual market return, with dividends reinvested, of 9.5% .

CGI paid regular cash dividends of $0.24 and a special cash capital gains dividend of $1.36 per common share in 2007, representing a yield of 5.65% on the year-end closing market price.

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

Financials 21.3%
Materials 21.2%
Energy 19.9%
Industrials 12.7%
Consumer Discretionary 8.0%
Information Technology 7.0%
Telecommunication Services 3.8%
Consumer Staples 2.8%
Utilities 1.6%
Cash & Cash Equivalents 0.9%
Health Care 0.8%

The top ten investments, which comprised 23.9% of the investment portfolio at market, excluding non-convertible preferred shares, as of December 31, 2007 were as follows:

Research In Motion Limited 4.0%
Urbana Corporation 3.2%
Rogers Communications Inc. 2.6%
TSX Group Inc. 2.3%
Cameco Corporation 2.2%
Labrador Iron Ore Royalty Income Fund 2.1%
BPO Properties Ltd. 2.0%
BMTC Group Inc. 1.9%
Canadian Western Bank 1.9%
Algoma Central Corporation 1.7%

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