Investment Managers Review

Ruffer Investment Company Limited
16 January 2007


                       RUFFER INVESTMENT COMPANY LIMITED


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

http://www.rns-pdf.londonstockexchange.com/rns/5893p_-2007-1-16.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