NEWS RELEASE TRANSMITTED BY MARKETWIRE
FOR: THIRD CANADIAN GENERAL INVESTMENT TRUST LIMITED
TSX SYMBOL: THD

Third Canadian General Investment Trust Limited Declares An Extra Dividend

TORONTO, CANADA -- Third Canadian General Investment Trust Limited has declared an extra dividend of $0.20 per share payable on December 30, 2009 to shareholders of record at the close of business on December 24, 2009. Including the quarterly dividends of $0.075 per share, total cash dividend payments of $0.50 in 2009 represent a yield to investors of 2.0% based on the last closing market price.

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:

Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: thdfund@mmainvestments.com
website: www.mmainvestments.com