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FOR: THIRD CANADIAN GENERAL INVESTMENT TRUST LIMITED

TSX SYMBOL: THD

Third Canadian General Investment Trust Limited

Declares Quarterly Dividend

TORONTO, CANADA -- Third Canadian General Investment Trust Limited has declared a regular quarterly dividend of $0.075 per share payable on March 15, 2010 to shareholders of record at the close of business on February 26, 2010.

Third Canadian, established in 1928, is the second oldest North American listed closed-end fund. The Company’s largest holdings are principal assets, Canadian General Investments, Limited and Canadian World Fund Limited. Its non-principal assets consist of a diverse range of Canadian and foreign securities.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Vanessa L. Morgan

Chairman

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: thdfund@mmainvestments.com

website: www.mmainvestments.com