Feronia Inc. Announces Change to Board of Directors

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that
Vincent McAleer has been appointed to its Board of Directors subject to approval
by the TSX Venture Exchange.


Mr. McAleer replaces Mr. Anders Einarsson as one of two nominees of the African
Agriculture Fund (the "AAF") on the Board. The change is a result of Mr.
Einarsson leaving Phatisa Fund Managers Limited which manages the AAF.


Mr. McAleer is a professional agribusiness manager with more than 25 years'
experience in tropical agriculture, processing and trading in Belize, Cote
d'Ivoire, Ghana, Nigeria and Zambia. His experience includes 15 years technical,
operational and board level appointments in the palm oil sector in Indonesia,
Nigeria and Papua New Guinea with CDC and SIAT sa. He has a degree in
agriculture from the University of Reading and an MBA from the University of
Warwick, both in the United Kingdom.


In his current role as CEO of the AAF's Palm Oil Platform, Mr. McAleer is
responsible for palm oil investments.


Ravi Sood, Chairman of Feronia, commented: "On behalf of all shareholders and
the Board of Directors I would like to thank Anders for his contribution to the
Company as a director and having been instrumental in bringing Phatisa and the
African Agriculture Fund into the company as strategic shareholders. We are also
pleased to welcome Vincent to the Board of Directors. Vincent has a wealth of
experience in both the palm oil sector and agri-business operations in Africa
and I am certain that he will prove to be a valuable addition to the Board."


About Feronia Inc.



--  Feronia operates large-scale commercial oil palm plantations and has
    commenced an arable farming operation in the Democratic Republic of the
    Congo (the "DRC"). 
    
--  The Company, through its subsidiaries, holds concessions on land which
    is owned by the DRC government and on which its oil palm plantation and
    farming operations take place. 
    
--  The Company uses modern agricultural practices to operate and develop
    its oil palm plantations and arable farming. Feronia believes in the
    immense agricultural potential of the DRC for high-quality edible oils,
    oil derivatives and foodstuffs given the suitability of its climate and
    soil and the availability of a skilled workforce. 
    
--  The Company's management team is comprised of experienced business
    administrators and senior agriculturalists with extensive experience in
    managing both plantations and large-scale mechanized farming operations
    in emerging markets. 
    
--  Feronia is committed to sustainable agriculture, environmental
    protection and providing jobs and economic growth for local communities.
    
--  For more information please see www.feronia.com. 



Cautionary Notes

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "anticipates", "plans", "proposes", "estimates", "intends",
"expects", "believes", "may" and "will". There can be no assurance that such
statements will prove to be accurate; actual results and future events could
differ materially from such statements. Investors are cautioned not to put undue
reliance on forward-looking information. Except as otherwise required by
applicable securities statutes or regulation, the Company expressly disclaims
any intent or obligation to update publicly forward-looking information, whether
as a result of new information, future events or otherwise.


Neither the TSX Venture Exchange nor its regulation services provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Feronia Inc.
Ravi Sood
Executive Chairman
(647) 987-7663
Ravi.Sood@feronia.com


Feronia Inc.
Bill Dry
CEO
44 (0) 7887 525 046
Bill.Dry@feronia.com
www.feronia.com
Feronia (TSXV:FRN)
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