Result of EGM

RNS Number : 7047Q

Ruffer Investment Company Limited

06 August 2010

RUFFER INVESTMENT COMPANY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 41996)

6 August 2010

At the Extraordinary General Meeting of the Company held on 6 August 2010 the following Special Resolutions set out in the EGM Notice sent to shareholders dated 13 July 2010 were duly passed.

Special Resolution One:

IT WAS RESOLVEDThat the existing Articles of Association of the Company be rescinded in whole and substituted with the new Articles of Association (the "New Articles"), in the form produced to the Meeting and initialled by the Chairman for the purpose of identification.

Special Resolution Two:

IT WAS RESOLVED That subject to the passing of Resolution 1, the Board be and is hereby empowered under the New Articles to allot an unlimited number of equity securities (as defined in the New Articles) for cash and pursuant to Article 8(2)(g) of the New Articles the right of shareholders to receive a pre-emptive offer pursuant to Article 8(2)(b) of the New Articles shall hereby be excluded in respect of the unlimited number of equity securities the Board is empowered to allot pursuant to this resolution, provided that this power shall expire (unless previously renewed, varied or revoked by the Company in general meeting) immediately prior to the annual general meeting of the Company to be held in 2013.

In accordance with Listing Rule 9.6.2, two copies of the Special Resolutions passed at the Extraordinary General Meeting are available for inspection at the UK Listing Authority's Document Viewing Facility which is situated at 25 The North Colonnade, Canary Wharf, London E14 5HS.

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