Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - Jan 6, 2014) - Canadian General Investments, Limited (TSX:CGI)(TSX:CGI.PR.C)(TSX:CGI.PR.D)(LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2013 was $25.64, resulting in a one-year NAV return, with dividends reinvested, of 20.9%. This compares with the 13.0% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.

The closing price for CGI's common shares at December 31, 2013 was $18.40, resulting in an annual share price return, with dividends reinvested, of 22.0%.

The sector weightings of CGI's investment portfolio at market as of December 31, 2013 were as follows:

Financials 21.9%
Energy 19.1%
Consumer Discretionary 15.1%
Industrials 13.7%
Materials 12.2%
Information Technology 6.4%
Telecommunication Services 3.7%
Health Care 3.2%
Utilities 1.8%
Consumer Staples 1.6%
Cash & Cash Equivalents 1.3%

The top ten investments which comprised 30.1% of the investment portfolio at market as of December 31, 2013 were as follows:

Dollarama Inc. 4.7%
Enbridge Inc. 3.4%
Catamaran Corporation 3.2%
Canadian Pacific Railway Limited 3.1%
Element Financial Corporation 2.9%
Bank of Montreal 2.8%
Royal Bank of Canada 2.6%
Rogers Communications Inc. 2.5%
Methanex Corporation 2.5%
Stantec Inc. 2.4%

Canadian General Investments, LimitedJonathan A. MorganPresident and CEO(416) 366-2931(416) 366-2729cgifund@mmainvestments.comwww.mmainvestments.com

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