Third Canadian General Investment Trust Limited
TSX : THD

Third Canadian General Investment Trust Limited

December 05, 2006 16:48 ET

Third Canadian General Investment Trust Limited Declares An Extra Dividend

TORONTO, CANADA--(CCNMatthews - Dec. 5, 2006) - Third Canadian General Investment Trust Limited (TSX:THD) has declared an extra dividend of $0.80 per share payable on December 29, 2006 to shareholders of record at the close of business on December 21, 2006. The Board of Directors of Third Canadian has authorized this extra distribution in recognition of year-to-date results. Including the quarterly dividends of $0.075 per share, total cash dividend payments of $1.10 in 2006 represent a yield to investors of 2.4% based on the December 4, 2006 closing market price. The most recent average yield of the S&P/TSX Composite Index is 2.4%.

Third Canadian, established in 1928, is the second oldest North American listed closed-end fund. The Company's largest holding is Principal Asset, Canadian General Investments, Limited. Its Non-Principal assets consist primarily of Canadian equities.

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