Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA -- (Marketwire) -- 08/02/12 -- Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at July 31, 2012 was $20.96, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.1% and -2.5%, respectively. These compare with the -0.7% and -7.2% 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 July 31, 2012 was $15.09, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -5.0% and -8.4%, respectively.

The sector weightings of CGI's investment portfolio at market as of July 31, 2012 were as follows:

Energy                                                                 21.9%
Financials                                                             20.7%
Materials                                                              19.4%
Consumer Discretionary                                                 10.5%
Industrials                                                             8.7%
Information Technology                                                  5.4%
Health Care                                                             4.4%
Telecommunication Services                                              3.6%
Utilities                                                               3.1%
Cash & Cash Equivalents                                                 1.7%
Consumer Staples                                                        0.6%

The top ten investments which comprised 35.3% of the investment portfolio at market as of July 31, 2012 were as follows:

Catamaran Corporation (formerly SXC Health Solutions Corp.)             4.3%
Labrador Iron Ore Royalty Corporation                                   4.2%
Dollarama Inc.                                                          3.9%
Franco-Nevada Corporation                                               3.8%
Enbridge Inc.                                                           3.8%
Brookfield Canada Office Properties                                     3.7%
Apple Inc.                                                              3.6%
BMTC Group Inc.                                                         2.9%
Bank of Montreal                                                        2.7%
Rogers Communications Inc.                                              2.4%