Net Asset Value(s)

Ruffer Investment Company Limited
10 April 2007



                       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            £1.192          B018CS4       5th April 2007
          Ltd


NB This price is ex-dividend
The NAV is inclusive of £0.006 revenue per share
Valuation as at date: 5th April 2007
Date: 10th April 2007
Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Sean Murray 44 (0)1481 745311



                      This information is provided by RNS
            The company news service from the London Stock Exchange