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Press release from Marketwire

CORRECTION FROM SOURCE-Canadian General Investments: Investment Update-Unaudited

Thursday, October 04, 2012

CORRECTION FROM SOURCE-Canadian General Investments: Investment Update-Unaudited09:47 EDT Thursday, October 04, 2012TORONTO, CANADA--(Marketwire - Oct. 4, 2012) - The following corrects and replaces the press release issued at 11:12 ET on October 3, 2012 which reported incorrect year-to-date and 12-month net asset value returns for Canadian General Investments, Limited.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 September 30, 2012 was $22.07, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.9% and 18.2%, respectively. These compare with the 5.4% and 9.2% 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 September 30, 2012 was $15.47, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -2.2% and 5.8%, respectively.The sector weightings of CGI's investment portfolio at market as of September 30, 2012 were as follows:Energy22.0%Materials21.3%Financials20.1%Consumer Discretionary9.6%Industrials8.4%Information Technology6.0%Health Care4.7%Telecommunication Services3.5%Utilities2.9%Cash & Cash Equivalents0.9%Consumer Staples0.6%The top ten investments which comprised 34.7% of the investment portfolio at market as of September 30, 2012 were as follows:Catamaran Corporation4.7%Franco-Nevada Corporation4.3%Labrador Iron Ore Royalty Corporation3.8%Apple Inc.3.8%Dollarama Inc.3.8%Brookfield Canada Office Properties3.6%Enbridge Inc.3.4%Bank of Montreal2.6%BMTC Group Inc.2.4%Rogers Communications Inc.2.3%FOR FURTHER INFORMATION PLEASE CONTACT: Vanessa L. MorganCanadian General Investments, LimitedChairman(416) 366-2931(416) 366-2729 (FAX)cgifund@mmainvestments.comwww.mmainvestments.com