FRN Feronia Inc

Editors note: A photo is included with this press release on Marketwire's website.

Feronia Inc. ("Feronia" or the "Company")(TSX VENTURE:FRN) today announced that
Feronia PHC, its oil palm plantations division, has completed the targeted 2011
re-planting programme of 2,000 hectares of oil palm. 


Feronia PHC holds concessions of 107,892 hectares on which 17,854 hectares are
planted with immature or producing oil palms. Having completed a 1,000 hectare
re-planting programme in 2010 and 2,000 hectares in 2011, the Company will
continue its re-planting programme in 2012 and onwards. By re-planting
previously planted and producing areas, the Company is able to grow its
productive areas at far lower costs than greenfields plantings and faces no
deforestation issues. 


"We are very pleased to meet the high-end objective of our re-planting programme
for 2011. This demonstrates the exceptional capabilities of our team at Feronia
PHC. The new plantings are a key value-creator for our palm oil business.
Through the new plantings we expect to increase our oil production volumes while
reducing unit production costs" said Bill Dry, CEO of Feronia. 


About Feronia Inc. 

Feronia Inc. is a large-scale commercial farmland and plantation operator in the
Democratic Republic of the Congo ("DRC"). The Company uses modern agricultural
practices to operate and develop its oil palm plantations and arable farming
business division. Feronia believes in the immense agricultural potential of the
DRC for high-quality foodstuffs and edible oils given its ideal climate,
excellent soil and highly skilled and experienced workforce. Feronia's
management team is comprised of 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 support 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 "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
theCompany's oil palm re-planting programme, oil production volumes and unit
production costs. There can be no assurance that such statements will prove to
be accurate; actual results and future events could differ materially from such
statements. Factors that could cause actual results to differ materially
include, among others, regulatory risks, risks inherent in foreign operations,
commodity prices, competition, investments having no history of operations and
other factors set out under "Risk Factors" in the Company's Listing Application
dated as of August 27, 2010 and under "Risk Factors Affecting Future Results" in
the Company's management's discussion and analysis dated May 2, 2011. Most of
these factors are outside the control of the Company. 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.


To view the photo associated with this press release, please visit the following
link: http://www.marketwire.com/library/20111206-PHC2000_800.jpg

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