Canadian General Investments, Limited

Canadian General Investments, Limited

March 03, 2005 11:40 ET

Canadian General Investments: Investment Update-Unaudited


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX, LSE SYMBOL: CGI
TSX SYMBOL: CGI.PR.A
TSX SYMBOL: CGI.WT
TSX SYMBOL: CGI.PR.B
LSE SYMBOL: CGIW

MARCH 3, 2005 - 11:40 ET

Canadian General Investments: Investment
Update-Unaudited

TORONTO, CANADA--(CCNMatthews - March 3, 2005) - Canadian General
Investments, Limited (CGI)
(TSX:CGI)(TSX:CGI.PR.A)(TSX:CGI.WT)(TSX:CGI.PR.B)(LSE:CGI)(LSE:CGIW)
reports on an unaudited basis that its diluted net asset value per share
(NAV) at February 28, 2005 was $22.97, resulting in a year-to-date NAV
return, with dividends reinvested, of 11.2%. This compares with the 4.8%
return of the benchmark S&P/TSX Composite Total Return Index for the
same period. The year-to-date market return for CGI's common shares to
February 28, with dividends reinvested, was 11.8%.

For the 12 months ended February 28, 2005, CGI's NAV and market returns
were 28.4% and 30.1%, respectively. The benchmark posted 12.0% for the
same period.

The sector weightings of CGI's investment portfolio at market as of
February 28, 2005 were as follows:



Energy 24.6%
Financials 21.5%
Materials 17.6%
Industrials 6.9%
Consumer Discretionary 6.2%
Consumer Staples 5.9%
Preferred Shares 3.9%
Income & Royalty Trusts 3.8%
Telecommunication Services 3.1%
Other 6.5%

The top ten investments, which comprised 18.0% of the investment
portfolio at market, excluding cash and non-convertible preferred
shares, as of February 28, 2005 were as follows:

Cameco Corporation 3.0%
TSX Group Inc. 1.9%
Home Capital Group Inc. 1.8%
TELUS Corporation 1.8%
Corby Distilleries Limited 1.7%
Enbridge Inc. 1.7%
BMTC Group Inc. 1.6%
Labrador Iron Ore Royalty Income Fund 1.5%
Power Financial Corporation 1.5%
TransCanada Corporation 1.5%


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