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Raven Industries Board Announces Cash Dividend of 10.5 Cents Payable on December 31, 2012



Raven Industries Board Announces Cash Dividend of 10.5 Cents Payable on
December 31, 2012

SIOUX FALLS, S.D., Dec. 4, 2012 (GLOBE NEWSWIRE) -- Raven Industries, Inc.
(Nasdaq:RAVN) announced today that its board of directors has approved a
regular cash dividend of 10.5 cents per share, payable December 31, 2012, to
shareholders of record on December 14, 2012.

Raven has typically paid its fourth-quarter dividend in January. However,
given the potential federal tax rate increases on dividend income in 2013, the
company opted to accelerate payment into December.

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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