Canadian General Investments: Investment Update-Unaudited

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%



FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
[phone]
[phone] (FAX)
[e-mail]
www.mmainvestments.com