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

June 04, 2007 16:42 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - June 4, 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) (CGI) reports on an unaudited basis that its diluted net asset value per share (NAV) at May 31, 2007 was $34.83, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.6% and 32.6%, respectively. This compares with the 9.9% and 22.7% 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 May 31 was $28.47, resulting in year-to-date and 12-month market returns with dividends reinvested of 4.4% and 18.1%, respectively.

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



Financials 26.0%
Materials 23.7%
Energy 21.5%
Industrials 9.3%
Consumer Discretionary 6.9%
Telecommunication Services 4.0%
Information Technology 3.8%
Consumer Staples 1.9%
Utilities 1.5%
Health Care 0.9%
Cash & Cash Equivalents 0.5%


The top ten investments, which comprised 19.9% of the investment portfolio at market, excluding non-convertible preferred shares, as of May 31, 2007 were as follows:



Cameco Corporation 2.8%
Rogers Communications Inc. 2.6%
BPO Properties Ltd. 2.1%
HudBay Minerals Inc. 2.1%
Research In Motion Limited 1.9%
BMTC Group Inc. 1.8%
TSX Group Inc. 1.7%
Russel Metals Inc. 1.7%
Skye Resources Inc. 1.6%
FNX Mining Company 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 May 31, 2007.

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