Net Asset Value(s)

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	£2.2600	B018CS4	09th  September 2016

Valuation as at date: 09^th September 2016

Date: 12^th September 2016

Par Value = Fair Value

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Harry Rouillard                   44 (0)1481 745315