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

December 05, 2006 11:42 ET

Canadian General Investments, Limited Declares a Special Year-End Capital Gains Dividend

TORONTO, CANADA--(CCNMatthews - Dec. 5, 2006) - 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) today declared a special cash capital gains dividend of $1.26 per common share. This dividend is payable on December 29, 2006 to shareholders of record on December 21, 2006.

The Board of Directors has opted to pay this special dividend in recognition of the strong performance of the portfolio year-to-date. Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $1.50 per common share in 2006 represent a yield to investors of 5.5% based on the December 4, 2006 closing market price of $27.25.

Canadian General Investments, Limited, established in 1930, is one of Canada's largest closed-end investment companies with total portfolio assets in excess of $880 million as at December 4, 2006.

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