NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C

LONDON STOCK EXCHANGE: CGI

Canadian General Investments, Limited

Declares Dividend on Common Shares

TORONTO, CANADA -- Canadian General Investments, Limited (the Company) has declared a regular quarterly cash dividend of $0.06 per share payable on June 15, 2010 to common shareholders of record at the close of business on June 10, 2010.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com

website: www.mmainvestments.com