Raven Industries Board Announces Cash Dividend of 10.5 Cents Payable on October 25, 2012

Financial

Sioux Falls, SD—August 28, 2012—Raven Industries, Inc. (NASDAQ: RAVN) announced today that its board of directors has approved a regular cash dividend of 10.5 cents per post-split share, payable October 25, 2012, to shareholders of record on October 10, 2012.

About Raven Industries, Inc.
Since 1956, Raven Industries has designed and manufactured high-quality, high-value technical products.  Raven is publicly traded on NASDAQ (RAVN) and has earned an international reputation for innovation, product quality, high performance and unmatched service.  With strengths in engineering, manufacturing, and technological innovation, Raven serves the precision agriculture, high performance specialty films, aerospace, and electronic manufacturing services markets.   Visit www.RavenInd.com for more information.

Contact Information

At the Company:                                                          At Padilla Speer Beardsley:
Tom Iacarella, Vice President and CFO                           Matt Sullivan
605-336-2750                                                              612-455-1700
Thomas.Iacarella@ravenind.com                                    msullivan@padillaspeer.com

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