Net Asset Value(s)

Ruffer Investment Company Limited
12 June 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       £1.173      B018CS4       8th June 2007


The NAV is inclusive of £0.01 revenue per share

Valuation as at date: 8th June 2007

Date: 11th June 2007

Enquiries:


Northern Trust International Fund Administration Services (Guernsey) Limited


Sean Murray 44 (0)1481 745311



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