Total Voting Rights

31 December 2015

Ruffer Investment Company Limited
(the “Company”)

Total Voting Rights

In conformity with the FCA’s Disclosure and Transparency Rules (the “Rules”) the Company would like to notify the market of the following:

As at 31 December 2015 the issued share capital of the Company comprises of 155,588,416 Redeemable Participating Preference Shares.

The total number of voting rights in the Company is therefore 155,588,416 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to, their interest in the Company under the Rules.

Enquiries:

Phil Higgs
Cenkos Securities plc
Tel: [phone]

Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]