FRN Feronia Inc

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to
announce that on May 28, 2011 it will be celebrating 100 years of continuous
operation at its oil palm plantations subsidiary, Feronia PHC. Commencing
operations on May 19, 1911, the plantations have been in continuous operation
since this time. Feronia PHC currently employs approximately 4,000 people making
it one of the largest private sector employers in Central Africa.


Feronia PHC operates in the Equateur and Orientale provinces of the Democratic
Republic of Congo ("DRC"). The operation consists of three established
plantations located along the Congo River, Lokutu, Boteka and Yaligimba. The
plantations span 107,000 hectares with over 2.2 million mature palm trees and
over 300,000 seedlings in the nurseries. The principal products of Feronia PHC
are crude palm oil ("CPO") and palm kernel oil ("PKO"). The CPO and PKO products
are transported by barge to the capital city of Kinshasa where they are sold to
refining factories which purchase 100% of PHC's production. The refined products
which are produced by these factories are sold into the local market in a
variety of forms.


"We are delighted to commemorate 100 years of operating in the Democratic
Republic of Congo" said James Siggs, CEO of Feronia Inc. "Feronia PHC and its
predecessor companies have been part of the country's history and one of its
largest employers since the very creation of the nation. The DRC was once a
prolific exporter of agricultural goods. Years of exploitation and disruption by
foreign interests has left the country dependent on imports to meet its own food
and edible oil requirements. At Feronia we are building on the tremendous
history of our palm oil subsidiary, Feronia PHC. We have a highly skilled and
experienced team working to create a profitable and sustainable business
producing food and edible oils for local consumption and export, using the best
technology and methodologies from around the world. We are optimistic that
through Feronia the DRC will once again become self-sufficient in agricultural
goods and rejoin the ranks of major exporters in the years to come."


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
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.

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