NEWS RELEASE TRANSMITTED BY MARKETWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

Canadian General Investments, Limited

Declares Dividends on Preference Shares

TORONTO, CANADA -- Canadian General Investments, Limited has declared quarterly dividends on its preference shares.

A cash dividend of $0.290625 per share is payable on March 15, 2010 to shareholders of the Corporation’s 4.65% Cumulative Redeemable Class A Preference Shares, Series 2 of record at the close of business on February 26, 2010.

A cash dividend of $0.24375 per share is payable on March 15, 2010 to shareholders of the Corporation’s 3.90% Cumulative Redeemable Class A Preference Shares, Series 3 of record at the close of business on February 26, 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