Investment Manager's Review

Ruffer Investment Company Limited
09 February 2006


                       RUFFER INVESTMENT COMPANY LIMITED



Attached is a link to the monthly Investment Manager's review for January 2006.


http://www.rns-pdf.londonstockexchange.com/rns/1581y_-2006-2-9.pdf



Enquiries:


Northern Trust International Fund Administration Services (Guernsey) Limited


Douglas Mackay [phone]



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            The company news service from the London Stock Exchange