FRN Feronia Inc

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to
announce that it has surpassed its 5,000 hectare replanting target for 2013. 


Replanting of oil palms for the year commenced on March 17 and, as of October
22, 5,002 hectares had been replanted across the Company's three plantations.
This represents more than 800,000 trees being replanted at a rate of
approximately 25,000 trees per week.


By replanting areas previously planted with oil palm, Feronia is able to
increase its productive areas at far lower costs than through greenfield
planting and faces no issues of deforestation or displacement of local
communities.


The Company's oil palm nurseries are sufficiently stocked to replant a further
5,000 hectares in 2014.


Commenting, Bill Dry, Chief Executive of Feronia Inc. said: "Surpassing our
replanting target of 5,000 hectares by the middle of October is a tremendous
achievement and testament to the skill and dedication of our staff in the DRC. 


Our planting programme, which we believe to be the largest in Africa this year,
is a key value driver for Feronia. We have now replanted over 12,000 hectares
and with a further 5,000 hectares planned for 2014, we are rapidly reducing the
age profile of our plantations. This represents a considerable investment in our
future producing hectares which will start to increase next year as our new
plantings come into production."


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
expected replanting in 2014. 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, operational risks, regulatory risks, the
legislative process in the DRC and risks related to foreign operations
(including various political, economic and other risks and uncertainties). 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
(416) 907-2026
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
www.feronia.com

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