RAV.L Regulatory News (RAV)

Raven Russia Limited ("Raven Russia" or the "Company")

Directors' Dealings

Pursuant to the Disclosure and Transparency Rule 3.1.2 the following information falls to be disclosed:

The Company was notified yesterday, 3 June 2014, that Mrs Sarah Jewson, the wife of Richard Jewson, the Chairman of the Company, purchased 7,920 ordinary shares in the capital of the Company for 74.85p per share.

The Company was also notified yesterday, 3 June 2014, that the Directors of the Company participated in the tender offer. The table below sets out the number of ordinary shares tendered and number of ordinary shares held by each or in which they are interested after the tender offer and purchase noted above.

*either directly in own name or via trusts of which the Director is a potential beneficiary

Enquiries

Raven Russia Limited Tel: + 44 (0) 1481 712955

Anton Bilton

Glyn Hirsch

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

Tim Robertson

Ben Heath

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

Corporate Finance - James Maxwell

Sales - Alan Geeves / James Waterlow

About Raven Russia

Raven Russia 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 with a market capitalisation of approximately £560 million. The Company operates out of offices in Guernsey, Moscow and Cyprus and has to date completed a portfolio of circa 1.4 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk. For further information visit the Company's website: www.ravenrussia.com