Placing

Raven Capital Inc
13 January 2006


13 January 2006 

                  Raven Capital Inc ('Raven' or the 'Company')
                                Placing

Raven was admitted to AIM on 15 December 2004 with the objective of building,
principally through acquisitions and joint venture transactions, a group
specialising in the hedge fund sector.

The Board continues to believe the hedge fund sector represents a viable
investment opportunity and the Directors have explored and undertaken due
diligence on a number of potential opportunities, although none to date have
been sufficiently attractive to merit being put before shareholders. As a
consequence the Company has utilised a substantial proportion of the Company's
cash resources and would therefore benefit from additional working capital.
Accordingly the Company is proposing to raise £150,000 through a placing of
13,300,000 new ordinary shares at approximately 1.1 pence per share with EP
(Singapore) Pte Limited ('EP')(the 'Placing'), which will represent
approximately 29.99% of the enlarged share capital.

EP is an investment company based in Singapore which approached the Board with a
proposal to invest additional funds into the Company and to work with the Board
to source a suitable acquisition. EP is controlled by Mr Stephan Ludwig, 40, a
German National. The Company has agreed that EP may appoint a director to the
board for so long as it holds 20 per cent. or more of the Company's share
capital. EP has elected not to appoint a director at this stage but may do so in
the future. The proceeds of the Placing will be applied to the continuation of
the Company's investment strategy and to general working capital purposes.

Mr Ludwig spent ten years with Credit Suisse First Boston in London and New York
before joining Nomura International in London as Managing Director and co-head
of a newly formed Asset Trading Group where he built a US$ 5 billion portfolio.
Mr Ludwig subsequently joined Nomura Securities in Asia as a main board director
and as Head of Capital Markets in Asia. Since leaving Nomura in 1998, Mr Ludwig
has managed his personal portfolio of private venture capital investments and is
a non-executive director of a number of these enterprises. The Directors believe
that the Company will benefit from the experience of Stephan Ludwig.

As this proposed issue of new shares is in excess of the authority currently in
existence, the issue of the new ordinary shares will be subject to approval at
an Extraordinary General Meeting ('EGM') to be held on 3 February 2006. It is
proposed that, following approval at the EGM, the Admission date of the new
shares will be 6 February 2006.


Enquiries:

John Bick
0870 389 6999



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