Dividend Declaration - Preference Shares

FOR:    CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOL: CGI.PR.D

July 16, 2020

Canadian General Investments, Limited

Declares Dividend on Series 4 Preference Shares

TORONTO, CANADA -- Canadian General Investments, Limited has declared a quarterly dividend on its Series 4 preference shares.

A cash dividend of $0.23438 per share is payable on September 15, 2020 to shareholders of the Company's 3.75% Cumulative Redeemable Class A Preference Shares, Series 4 of record at the close of business on August 31, 2020.

This dividend is designated as an "eligible dividend" for purposes of the Income Tax Act (Canada).

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: [email protected]

website: www.canadiangeneralinvestments.ca