Feronia

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.

OIL PAL OPERATIONS

Feronia PHC operates in the Equateur and Orientale provinces of DRC and is comprised of three established plantations together with the associated infrastructure. 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 into the local markets with any surplus sold to international markets. The local DRC market currently consists of two refining factories located in Kinshasa 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.

Commencing operations in 1911, the plantations are well established and have been in constant production throughout this time-span. All the plantations are located either adjacent to the Congo River or in close proximity to it. Feronia PHC currently employs over 4,000 people making it one of the largest private sector employers in Central Africa.

Feronia is committed to the rehabilitation and reinstatement of the land that was previously in production at these plantations and will actively avoid the creation of farmland on "green field" land in order to minimize the environmental impact of its operations.

Feronia's Plantation Locations in DRC

As illustrated, Feronia PHC has three plantations: Lokutu, which is located in Orientale province, and Yaligimba and Boteka, both of which are located in Equateur province. Feronia PHC has concessions on 101,455 ha of land owned by the DRC. The plantings, buildings, roads, plant and machinery at these locations are owned by Feronia PHC.

	Mr. Bill Dry, Chief Executive Officer
	Mr. Raymond Batanga, Chief Operating Officer
	Mr. Danesh Varma, Chief Financial Officer
	Mrs. Agnes Kasongo, Managing Director, Oil Palm

Board of Directors

	Mr. Ravi Sood, Chairman
	Mr. James Siggs
	Mr. Stephen D. Cashin
	Mr. Barnabe Kikaya-Bin-Karubi
	Mr. Nigel Gourlay
	Mr. Philip Condon
	Mr. George Mihaleto