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

May 03, 2007 09:57 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(CCNMatthews - May 3, 2007) - Canadian General Investments, Limited (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 April 30, 2007 was $33.84, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.2% and 22.2%, respectively. This compares with the 4.7% and 12.7% 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 April 30 was $27.94, resulting in year-to-date and 12-month market returns with dividends reinvested of 2.2% and 4.4%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2007 were as follows:



Financials 26.7%
Materials 23.0%
Energy 21.6%
Industrials 9.4%
Consumer Discretionary 6.8%
Telecommunication Services 4.0%
Information Technology 3.8%
Consumer Staples 2.0%
Utilities 1.5%
Health Care 1.0%
Cash & Cash Equivalents 0.2%


The top ten investments, which comprised 19.5% of the investment portfolio at market, excluding non-convertible preferred shares, as of April 30, 2007 were as follows:



Cameco Corporation 2.7%
Rogers Communications Inc. 2.6%
BPO Properties Ltd. 2.2%
TSX Group Inc. 1.9%
HudBay Minerals Inc. 1.8%
Russel Metals Inc. 1.8%
BMTC Group Inc. 1.7%
Bourse de Montréal Inc. 1.6%
Research In Motion Limited 1.6%
Caldwell New York Limited Partnership 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 2.8% of its investment portfolio at April 30, 2007.

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