TORONTO, CANADA--(Marketwire - Jan. 4, 2013) - Canadian General Investments, Limited (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 December 31, 2012 was $21.87, resulting in a one-year NAV return, with dividends reinvested, of 10.8%. This compares with the 7.2% 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, 2012 was $15.75, resulting in an annual market return, with dividends reinvested, of 3.4%.

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

		Materials	22.3%
		Financials	21.3%
		Energy	21.1%
		Consumer Discretionary	9.0%
		Industrials	8.7%
		Information Technology	4.8%
		Health Care	4.2%
		Telecommunication Services	3.9%
		Utilities	3.1%
		Cash & Cash Equivalents	0.9%
		Consumer Staples	0.7%

The top ten investments which comprised 33.8% of the investment portfolio at market as of December 31, 2012 were as follows:

		Franco-Nevada Corporation	4.3%
		Catamaran Corporation	4.2%
		Labrador Iron Ore Royalty Corporation	3.8%
		Enbridge Inc.	3.8%
		Brookfield Canada Office Properties	3.7%
		Dollarama Inc.	3.6%
		Bank of Montreal	2.8%
		Rogers Communications Inc.	2.7%
		Apple Inc.	2.5%
		Royal Bank of Canada	2.4%

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:

Canadian General Investments, Limited

Jonathan A. Morgan

President and CEO

(416) 366-2931

(416) 366-2729 (FAX)

cgifund@mmainvestments.com

www.mmainvestments.com