Canadian General Investments, Limited Declares a Special Year-End Capital Gains Dividend

TORONTO, CANADA--(Marketwire -12/07/11)- Canadian General Investments, Limited (TSX: CGI.TO - News)(TSX: CGI-PB.TO - News)(TSX: CGI-PC.TO - News)(LSE: CGI.TO - News) today declared a special cash capital gains dividend of $0.56 per common share. This dividend is payable on December 28, 2011 to shareholders of record on December 22, 2011.

Including the quarterly income dividends of $0.06 per common share, total cash dividend payments of $0.80 per common share in 2011 represent a yield to investors of 5.0% based on the December 6, 2011 closing market price of $15.87.

Canadian General Investments, Limited, established in 1930, is one of Canada's largest closed-end investment companies with total portfolio assets in excess of $590 million as at December 6, 2011.