Feronia Inc. ("Feronia" or the "Company") is pleased to announce that it has
entered into a convertible loan agreement (the "Loan Agreement") with CDC Group
plc ("CDC"), the UK Government's Development Finance Institution ("DFI"),
pursuant to which CDC will make available an unsecured non-revolving term loan
(the "ESG Facility") in the maximum amount of $3.6 million at an interest rate
of 12% for a term of five years. All amounts in this release are expressed in US
dollars unless otherwise indicated. 


The funds available under the ESG Facility are required to be used by the
Company to support the implementation of an Environmental and Social Action Plan
("ESAP") developed jointly with CDC. The ESAP is designed to strengthen the
Company's environmental and social standards and enhance community facilities.
Areas covered by the ESAP include workers' housing, sanitation, schools, medical
facilities, health and safety and the implementation of environmental good
practices. 


When Feronia acquired its palm oil operations in 2009, the priority was
maximising production from existing plantings and rehabilitating existing
processing operations. Having achieved measurable success in these areas, the
Company is now implementing good practice international standards across its
operations and will work with CDC throughout this process. This includes
applying principles and criteria for sustainable palm oil production with the
aim of obtaining Roundtable on Sustainable Palm Oil certification in the future.



CDC, which has net assets of approximately GBP 2.8bn, is wholly owned by the UK
Government's Department for International Development and uses its own balance
sheet to invest in the developing countries of Africa and South Asia. CDC's
mission is to support the building of businesses in Africa and South Asia,
creating jobs and making a lasting difference to people's lives in some of the
world's poorest places. 


The principal under the ESG Facility will be convertible into common shares of
the Company on the maturity date and in certain other circumstances at a rate of
CAD$0.24 per common share (subject to customary adjustment provisions). Subject
to the approval of the TSX Venture Exchange (the "TSXV"), the interest payable
under the ESG Facility will be convertible into common shares at a rate equal to
the greater of CAD$0.24 and the Discounted Market Price (as defined in TSXV
policy) at the time of conversion. Assuming that the maximum amount under the
ESG Facility is advanced to the Company for the full term of five years, the
outstanding principal and interest would be convertible into approximately
26,500,000 common shares, subject to the Discounted Market Price and the
exchange rate at the time of conversion. 


Concurrently with entering into the Loan Agreement, the Company and CDC have
completed a private placement pursuant to which CDC has acquired 151,496,000
common shares of the Company at a purchase price of CAD$0.10 for an aggregate
purchase price of $14.5 million. For more information regarding the private
placement, please see the Company's news release dated November 8 entitled
"Feronia Inc. Announces US$25 Million Private Placement led by CDC, the UK
Government's Development Finance Institution".


Commenting, Ravi Sood, Chairman of Feronia said: "The ESG Facility allows us to
progress key environmental and social initiatives and make a long-term
investment in our people and communities in a manner that is economically
compelling to shareholders."


Commenting, Dolika Banda, CDC's Regional Director for Africa, said: "We will
focus on building the company's value by strengthening its environmental, social
and governance standards, and supporting it to move towards international
standards in the palm oil industry." 


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



About CDC 

CDC is the UK government-owned development finance institution that uses its own
balance sheet to invest in the developing countries of South Asia and Africa. It
has net assets of GBP 2.8bn. CDC's mission is to support the building of
businesses in the poorest countries, creating jobs and making a lasting
difference to people's lives in some of the world's poorest places. Under its
recent business strategy, announced in September 2012, CDC provides debt and
direct investment to businesses as well as acting as a fund-of-funds investor.
CDC also now only makes new investment commitments in Africa and South Asia.
www.cdcgroup.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. Factors that could cause actual results
to differ materially include, among others, regulatory risks, risks inherent in
foreign operations, commodity prices, competition, and investments having no
history of operations. 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.

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
852 9829 8376
Ravi.Sood@feronia.com


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


Feronia Inc.
Paul Dulieu
Investor Relations
44 (0) 7554 521421
Paul.Dulieu@feronia.com


CDC Group plc
Edgar Buckley
Head of Marketing and Public Engagement
44 (0)20 7963 4734 / 44(0) 7775 810 499
ebuckley@cdcgroup.com


CDC Group plc
Rhyddid Carter
Corporate Communications Manager
+44 (0)20 7963 4741 / +44(0) 7824 552 326
rcarter@cdcgroup.com
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