Directorate Change

Ruffer Investment Company Ltd - Directorate Change

PR Newswire

London, November 30

Ruffer Investment Company Limited (the “Company”)

(incorporated in Guernsey under registration number 41996)

Resignation of Director

30 November 2016

Pursuant to the Chairman’s Review in the Annual Financial Report for the year ended 30 June 2016 regarding Board Governance, and the previous announcement made on 16 September 2016, the Company wishes to announce the resignation of Ms Jeannette Etherden as non-executive director of the board of directors of the Company with effect from 30 November 2016.

EnquiriesCompany Secretary

Northern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255, Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL

 +44 (0)1481 745001