Net Asset Value(s)

Ruffer Investment Company Limited
10 December 2007






                       RUFFER INVESTMENT COMPANY LIMITED

     (a closed-ended investment company incorporated in Guernsey with 
                          registration number 41996)




       FUND NAME                NAV         SEDOL             NAV DATE

 Ruffer Investment Co Ltd     £1.232       B018CS4         7th December 2007


The NAV is inclusive of £0.02 revenue per share
Valuation as at date: 7th December 2007
Date: 10th December 2007

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Harry Rouillard 44 (0)1481 745315



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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