Stmnt re Ruffer LLP Holdings

Ruffer Investment Company Limited
29 September 2005



Ruffer Investment Company - announcement by Ruffer LLP.

Clients of Ruffer LLP, or its associates, own 18,600,235 A shares in Ruffer
Investment Company.

Ruffer clients currently hold no C shares.

Ruffer does not hold any shares in the company for its own account.

The 18,600,235 A shares represent 17.4 % of the estimated total capital of
Ruffer Investment Company Limited following conversion of the new C shares into
A class.

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