Net Asset Value(s)

Ruffer Investment Company Limited
09 October 2006



                       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       £1.1765      B018CS4      6 October 2006


NB This price is Ex Dividend
Valuation as at date: 6 October 2006
Date: 9 October 2006

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Sean Murray 44 (0)1481 745311



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