RICA Ruffer Investment Company Ltd

                      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 Ltd   £2.0896     B018CS4    30th September 2014


Valuation as at date: 30th September 2014

Date: 01st October 2014

Par Value = Fair Value

Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Harry Rouillard 44 (0)1481 745315