Toronto, Canada, October 17, 2008 -- Third Canadian General Investment Trust Limited (CA:THD) has declared a regular quarterly dividend of $0.075 per share payable on December 15, 2008 to shareholders of record at the close of business on November 28, 2008.

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



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