(similar to reflex's answer) My plan would be as follows, all to be done in a positive way:

1) Make an appointment/specific time to sit down and review your performance and talk about your future.

2) Discuss your strengths, ambitions and desire to stay with the company, ask for opinions your current and past performance, where you've made progress ect.

3) Discuss exactly how you move forward, what you need to do to improve and areas you can take further responsibility. Set goals, targets ect.

4) Ask what potential to earn the company offers in the long term and how far they could take you, then start talking about the same in the short term. Finish with a timescale or completable target to reach which will offer your next payrise, prefferably make it easy so in a few weeks you can get your rise.

5) Thank him for time and explain it has been very beneficial to you and you hope to be able to have more performance reviews in the future ect. Go through process again as soon as you reach target/timescale.

I think going in asking straight up for a rise is difficult unless you have options to go elsewhere or a specific reason for it, but you should put in an agreed process whereby you are reimbursed as you progress and reach targets.