Block Listing – six monthly return Raven Property Group Limited Incorporated in Guernsey Company number 43371 LSE share code: RAV; JSE share code: RAV ISIN:GB00B0D5V538 (“Raven” or the “Company”) Block Listing – six monthly return Name of applicant: Raven Property Group Limited Name of scheme: (1) Scheme relating to warrants (admitted 3 August 2010) (2) Scheme relating to convertible preference shares (admitted 13 July 2016) (3) Total Period of return: From: 5 February 2019 To: 2 August 2019 Balance of unallotted securities under scheme(s) (1) 2,336,707 from previous return: (2) 197,122,790 (3) 199,459,497 Plus: The amount by which the block scheme(s) (1) 0 has been increased since the date of the last return (2) 0 (if any increase has been applied for): (3) 0 Less: Number of securities issued/allotted under (1) 1,623,058 scheme(s) during period (see LR3.5.7G): (2) 0 (3) 1,623,058 Equals: Balance under scheme(s) not yet (1) 713,649 issued/allotted at end of period: (2) 197,122,790 (3) 197,836,439 Name of contact: The Company Secretary Telephone number of contact: +44 (0) 1481 750435 2 August 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 Fergus Young 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 and preference shares 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: 02/08/2019 08:00:00 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.