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Raven Industries Board Announces Cash Dividend of 11 Cents Payable July 15, 2004

    SIOUX FALLS, S.D., May 27 /PRNewswire-FirstCall/ -- Raven Industries, Inc.
(Nasdaq: RAVN) announced today that its board of directors has approved the
quarterly cash dividend of 11 cents per share, payable July 15, 2004, to
shareholders of record on June 25, 2004.

    About Raven Industries, Inc.
    Founded in 1956, this Sioux Falls, S.D.-based industrial manufacturer
makes computerized and GPS-based hardware/software for precision farming,
plastic sheeting and research balloons, and provides electronics manufacturing
services.
    On the Internet, information is available at http://www.ravenind.com , the
company's website.


SOURCE Raven Industries, Inc.




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Related links:
  • http://www.ravenind.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 Financial Relations Board