21 February 2019

Raven Property Group Limited ("Raven" or the "Company")

Scrip Dividend Circular (RAVP)

Further to the Company's announcement on 7 February 2019, the circular relating to the scrip dividend in respect of the preference shares of 1p each with ticker RAVP (the "Preference Shares") for the period from 31 December 2018 to (but excluding) 31 March 2019 (the "Circular") is now available on the investors page of the Company's website, www.theravenpropertygroup.com and is also available to view on the national storage mechanism (http://www.morningstar.co.uk/uk/NSM). A letter notifying holders of Preference Shares of the presence of the Circular on the Company's website and how to access it has been posted today together with a form of election (or an entitlement advice to the extent shareholders have already elected to participate in the scrip dividend mandate scheme).

The last date for receipt of completed forms of election (in accordance with the terms thereof) will be 8 March 2019.

Enquiries

Raven Property Group Limited                                                       Tel: + 44 (0) 1481 712955

Anton Bilton                                                                                       

Glyn Hirsch

Novella Communications (public relations adviser)                     Tel: +44 (0) 203 151 7008

Tim Robertson

Toby Andrews

N+1 Singer (UK joint broker)                                                            Tel: +44 (0) 20 7496 3000 

Corporate Finance - James Maxwell / James Moat

Sales - Alan Geeves / James Waterlow

Numis Securities Limited (UK joint broker)                                    Tel: + 44 (0) 207 260 1000

Alex Ham / Jamie Loughborough / Alasdair Abram

Renaissance Capital (South African broker)                                   Tel: +27 (11) 750 1448

Yvette Labuschagne

Renaissance Capital (Russian broker)                                             Tel: + 7 495 258 7770

David Pipia

Ravenscroft (TISE sponsor)                                                              Tel: + 44 (0) 1481 729100

Jade Cook

About Raven Property Group

Raven Property Group Limited was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares, preference shares and warrants are listed on the Main Market of the London Stock Exchange and admitted to the Official List of the UK Listing Authority and the Official List of The International Stock Exchange ("TISE"). Its Ordinary Shares also have a secondary listing on the main board of the Johannesburg Stock Exchange and the Moscow Stock Exchange. Its convertible preference shares are admitted to the Official List of TISE and to trading on the SETSqx market of the London Stock Exchange. The Group operates out of offices in Guernsey, Moscow and Cyprus and has an investment portfolio of circa 1.9 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don, Novosibirsk and Nizhny Novgorod and 49,000 square metres of commercial office space in St Petersburg. For further information visit the Company's website: www.theravenpropertygroup.com