Voting Rights and Capital – Transparency Rule Disclosure Raven Property Group Limited Incorporated in Guernsey Company number 43371 LSE share code: RAV; JSE share code: RAV ISIN:GB00B0D5V538 (“Raven” or the “Company”) Voting Rights and Capital – Transparency Rule Disclosure Pursuant to Disclosure Guidance and Transparency Rule 5.6. The Company currently has four classes of securities, which are set out below, together with the number in issue and the number of voting rights in respect of each class: Class Ordinary shares of Preference shares Cumulative Warrants to 1p each in the of 1p each in the convertible subscribe for Capital of the Capital of the redeemable Ordinary Shares at Company Company preference shares an exercise price (“Ordinary (“Preference of no par value of 25p Shares”) Shares”) each in the Capital (“Warrants”) of the Company (“Convertible Preference Shares”) Issued share 623,586,018 99,613,402 198,189,014 2,131,642 capital Shares held in - - - - Treasury Total voting 623,586,018 99,613,402 198,189,014 2,131,642 rights in each class Description of Full voting rights Limited voting rights for ordinary business. A full description of voting rights voting rights can be obtained from the Company’s website (www.theravenpropertygroup.com) 1 March 2019 JSE Sponsor: Rencap Securities (Pty) Limited Enquiries Raven Property Group Limited Tel: + 44 (0) 1481 712955 Anton Bilton Glyn Hirsch Novella Communications (public relations adviser) Tel: +44 (0) 203 151 7008 Tim Robertson Toby Andrews N+1 Singer (UK joint broker) Tel: +44 (0) 20 7496 3000 Corporate Finance - James Maxwell / James Moat Sales - Alan Geeves / James Waterlow Numis Securities Limited (UK joint broker) Tel: + 44 (0) 207 260 1000 Alex Ham / Jamie Loughborough / Alasdair Abram Renaissance Capital (South African broker) Tel: +27 (11) 750 1448 Yvette Labuschagne Renaissance Capital (Russian broker) Tel: + 7 495 258 7770 David Pipia Ravenscroft (TISE sponsor) Tel: + 44 (0) 1481 729100 Jade Cook About Raven Property Group Raven Property Group Limited was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares, preference shares and warrants are listed on the Main Market of the London Stock Exchange and admitted to the Official List of the UK Listing Authority and the Official List of The International Stock Exchange (“TISE”). Its Ordinary Shares also have a secondary listing on the main board of the Johannesburg Stock Exchange and the Moscow Stock Exchange. Its convertible preference shares are admitted to the Official List of TISE and to trading on the SETSqx market of the London Stock Exchange. The Group operates out of offices in Guernsey, Moscow and Cyprus and has an investment portfolio of circa 1.9 million square metres of Grade "A" warehouses in Moscow, St Petersburg, Rostov-on-Don, Novosibirsk and Nizhny Novgorod and 49,000 square metres of commercial office space in St Petersburg. For further information visit the Company’s website: www.theravenpropertygroup.com Date: 01/03/2019 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.