CENTRAL FUND OF CANADA LIMITED

Calgary, Alberta, Canada

04:34 PM

04-Jul-08

US$

CDN$

Net asset value per Class A share

$11.96

$12.15

Closing market price

04-Jul-08

$13.32

AMEX

$13.78

TSX

Premium/-Discount

11.4%

13.5%

Number of shares traded on exchanges

0

62,623

Trading Symbols on AMEX and TSX

CEF

CEF.A

Total Market Capitalization of all

129,452,713

Class A Shares Outstanding

U.S.$

1,724,310,137

CDN$

1,783,858,385

PORTFOLIO UPDATE

Ounces

US$

CDN$

%

Gold Bullion

830,585

$773,482,613

$785,471,594

49.9

Silver Bullion

41,523,556

747,839,245

759,430,753

48.3

Cash and Other Net Assets

27,379,226

27,803,604

1.8

Total Net Assets

$1,548,701,084

$1,572,705,951

100.0

VALUATION BASIS

London Gold Second Fixing

US$

931.25

London Silver Fixing

US$

18.0100

US$/CDN$ noon exchange rate

CDN$ 1.00 =

US$

0.9847

For Further Information

Contact: Administrator's Investor & Shareholder Services Office

Tel: 905-648-7878 Fax: 905-648-4196

e-mail: info@centralfund.com

website: www.centralfund.com