Block Listing Six Monthly Return

Name of applicant:

Raven Russia Limited

Name of scheme:

n/a

Period of return:

From:

2 August 2010

To:

2 February 2011

Balance of unallotted securities under scheme(s) from previous return:

Nil

Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

103,188,965

Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

2,193,579

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

100,995,386