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Press release from GlobeNewswire (a Nasdaq OMX company)

Raven Industries Board Announces Cash Dividend of 12.0 Cents Payable on July 25, 2013

Thursday, May 23, 2013

Raven Industries Board Announces Cash Dividend of 12.0 Cents Payable on July 25, 2013

13:00 EDT Thursday, May 23, 2013

SIOUX FALLS, S.D., May 23, 2013 (GLOBE NEWSWIRE) -- Raven Industries, Inc. (Nasdaq:RAVN) announced today that its board of directors has approved a regular quarterly cash dividend of 12.0 cents per share. The dividend is payable July 25, 2013, to shareholders of record on July 10, 2013.

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

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