**Please note: NYSE Closed Today.

CENTRAL FUND OF CANADA LIMITED

Calgary, Alberta, Canada

04:49 PM

03-Jul-09

US$

CDN$

Net asset value per Class A share

$10.49

$12.19

Closing market price

03-Jul-09

**$11.75

NYSE

$13.53

TSX

Premium/-Discount

12.0%

11.0%

Number of shares traded on exchanges

0

15,421

Trading Symbols on NYSE and TSX

CEF

CEF.A

Total Market Capitalization of all

184,967,713

Class A Shares Outstanding

U.S.$

2,173,370,628

CDN$

2,502,613,157

PORTFOLIO UPDATE

Ounces

US$

CDN$

%

Gold Bullion

1,173,028

$1,093,848,942

$1,271,161,855

56.4

Silver Bullion

58,648,793

788,239,779

916,013,447

40.6

Cash and Other Net Assets

58,806,981

68,339,593

3.0

Total Net Assets

$1,940,895,702

$2,255,514,895

100.0

VALUATION BASIS

London Gold Second Fixing

US$

932.50

London Silver Fixing

US$

13.4400

US$/CDN$ noon exchange rate

CDN$ 1.00 =

US$

0.8605

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