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Dividend Declaration

30th Oct 2007 16:12

Raven Russia Limited30 October 2007 Raven Russia Limited ("Raven Russia") Scrip Dividend Scheme for the Interim Dividend for the year ended31 December 2007 The Board of Raven Russia announces that on 30 October 2007 it approvedelections for scrip dividends in respect of 135,845,408 Raven Russia shares(31.851% of the issued share capital) and as a result, the Board of RavenRussia has approved the issue and allotment of 3,531,478 new Raven Russia shares (0.828% of the issued share capital) at 96.17 pence per share. These shares will rank pari passu with all existing shares. Application will be made for admission of the new Raven Russia shares to tradingon AIM and dealings are expected to commence on 5 November 2007. The Raven Russia shares referred to above are Raven Russia's ordinary shares of1p each and the total number of shares in issue following the above will be430,040,566 with each ordinary share carrying the right to one vote. There areno shares held in treasury. The total number of voting rights in Raven Russia will therefore be 430,040,566. This information is provided by RNS The company news service from the London Stock Exchange

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