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

Canadian General Investments, Limited

May 02, 2008 12:06 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - May 2, 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 April 30, 2008 was $28.60, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -10.3% and -10.4%, respectively. These compare with the 1.6% and 6.6% 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, 2008 was $23.78, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -15.8% and -9.8%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2008 were as follows:



Materials 22.7%
Energy 21.1%
Financials 19.1%
Industrials 12.2%
Consumer Discretionary 7.4%
Information Technology 6.5%
Telecommunication Services 4.6%
Consumer Staples 3.2%
Utilities 1.7%
Health Care 0.8%
Cash & Cash Equivalents 0.7%


The top ten investments, which comprised 23.8% of the investment portfolio at market, excluding non-convertible preferred shares, as of April 30, 2008 were as follows:



Research In Motion Limited 4.8%
Rogers Communications Inc. 2.8%
Labrador Iron Ore Royalty Income Fund 2.6%
BPO Properties Ltd. 2.2%
Urbana Corporation 2.2%
Cameco Corporation 2.1%
TSX Group Inc. 1.9%
Enbridge Inc. 1.8%
Husky Energy Inc. 1.7%
BMTC Group Inc. 1.7%


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