Feronia Inc. Completes Rice Planting

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to
announce that it has completed the planting of 500 hectares (ha) of rice at its
10,000 ha arable farming operation in the Bas-Congo province of the Democratic
Republic of the Congo ("DRC"). 


The crop is expected to be harvested and processed in February 2013 and
subsequently sold into the domestic market.


The Company planted NERICA-4(R) (New Rice for Africa-4), an upland rice variety
suited to African soil and weather conditions. NERICA(R) has been developed by
the Africa Rice Centre as part of a project funded by the African Development
Bank, the Japanese government, and the United Nations Development Programme.


Bill Dry, CEO of Feronia, commented: "This planting represents the continuation
of Feronia's programme to improve yields and prove the commercial viability of
its arable farming operations."


About Feronia Inc.

Feronia operates large-scale commercial oil palm plantations and has commenced
an arable farming operation in 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 administrative
executives 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 "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
the stated use of proceeds; plan of operations and comparative advantages; and
benefits of this investment. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Feronia Inc.
Ravi Sood
Executive Chairman
[phone]
[e-mail]
www.feronia.com