Net Asset Value(s)-Amendment

Ruffer Investment Company Limited
31 January 2006


The following replaces the Net Asset Value announcement released on 30 January 
2006 at 16.06 hrs under RNS NNumber 6446X. 

The Correct NAV values for 30 January 2006 are listed below.



                       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       £1.212   B018CS4        30 January 2006
 N.B. The NAV is inclusive of £0.006 revenue per share.


Valuation as at date: 27 January 2006
Date: 30 January 2006

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Sean Murray 44 (0)1481 745311




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