Investment Manager's review

Ruffer Investment Company Limited
07 October 2005


                       RUFFER INVESTMENT COMPANY LIMITED

Attached is a link to the monthly Investment Manager's review for September
2005.


http://www.rns-pdf.londonstockexchange.com/rns/4055s_-2005-10-7.pdf


Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Douglas Mackay [phone]



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