Canadian General Investments, Limited
TSX : CGI.PR.A
TSX : CGI.WT
TSX : CGI
TSX : CGI.PR.B
LSE : CGI
LSE : CGIW
TSX : CGI.PR.C

Canadian General Investments, Limited

August 03, 2006 12:08 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - Aug. 3, 2006) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.A)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(TSX:CGI.WT)(LSE:CGI)(LSE:CGIW) reports on an unaudited basis that its diluted net asset value per share (NAV) at July 31, 2006 was $27.64, resulting in year-to-date and 12 month NAV returns, with dividends reinvested, of 9.4% and 21.8%, respectively. This compares with the 6.3% and 15.9% 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 July 31 was $24.45, resulting in year-to-date and 12 month market returns with dividends reinvested of 5.9% and 22.6%, respectively.

The sector weightings of CGI's investment portfolio at market as of July 31, 2006 were as follows:



Financials 28.5%
Energy 20.0%
Materials 21.2%
Industrials 10.8%
Consumer Discretionary 5.2%
Information Technology 4.1%
Telecommunication Services 3.3%
Consumer Staples 3.1%
Health Care 2.1%
Utilities 1.3%
Cash & Cash Equivalents 0.4%


The top ten investments, which comprised 21.1% of the investment portfolio at market, excluding non-convertible preferred shares, as of July 31, 2006 were as follows:



Cameco Corporation 3.0%
Falconbridge Limited 2.9%
TSX Group Inc. 2.6%
Rogers Communications Inc. 2.0%
HudBay Minerals Inc. 1.9%
Inco Limited 1.8%
Russel Metals Inc. 1.8%
BMTC Group Inc. 1.7%
BPO Properties Limited 1.7%
Canadian Western Bank 1.7%


Note 1: CGI's investment in the New York Stock Exchange through its holdings in Caldwell New York Limited Partnership and Caldwell New York LP IV represented 2.5% of its investment portfolio at July 31, 2006.

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