Transaction in Own Shares

RUFFER INVESTMENT COMPANY LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 41966)

(the "Company")

Transaction in own Shares

The Company announces that pursuant to the general authority granted by shareholders of the Company on 10 December 2024 to make market acquisitions of its own Redeemable Participating Preference Shares ("Shares"), it repurchased 100,000 Shares at a price of GBP 2.9200 per share, to be held in treasury, on 3 July 2026. This represents approximately 0.026 per cent of the Company's current issued Shares.

Following this transaction, the Company has in issue 384,017,764 Redeemable Participating Preference Shares, of which 89,154,714 are held in treasury.

For reporting purposes under the FCA's Disclosure Guidance and Transparency Rules, the market should exclude any shares held in treasury and should use the figure of 294,863,050 voting rights when determining if they are required to notify their interest in, or a change to their interest in the Company

Enquiries:

Aztec Financial Services (Guernsey) Limited

Company Secretary

Lewis Germain

DDI: +44 (0) 1481 749700

Email: ruffer@aztecgroup.co.uk

Investec Bank plc

Broker

David Yovichic

DDI: +44 (0) 20 7597 4952

Email: David.Yovichic@investec.co.uk

LEI 21380068AHZKY7MKNO47