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Raven Industries Board Announces Cash Dividend of 8 Cents Payable July 15, 2003
 
    SIOUX FALLS, S.D., May 22 /PRNewswire-FirstCall/ --
Raven Industries, Inc. (Nasdaq: RAVN) announced today that its board of
directors has approved the quarterly cash dividend of 8 cents per share,
payable July 15, 2003, to shareholders of record on June 25, 2003.
    Raven is an industrial manufacturer that provides electronics
manufacturing services, reinforced plastic sheeting and flow control devices
to various markets.
    On the Internet, information is available at FRB's website,
http://www.frbwebershandwick.com , or at http://www.ravenind.com , the company's website.
SOURCE Raven Industries, Inc.



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Related links:
  • http://www.ravenind.com
  • http://www.frbwebershandwick.com
    CONTACT:
    Tom Iacarella, VP & CFO of Raven Industries,
    Inc., +1-605-336-2750, or General Inquiries, Dennis Waite,
    +1-708-246-6265, Analyst Inquiries, Leslie Loyet,
    +1-312-640-6672, or Media Inquiries, Cindy Martin,
    +1-312-640-6741, all of FRB Weber Shandwick
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