Mr. Ravi Sood reports

FERONIA INC. ANNUAL AND SPECIAL MEETING TO TAKE PLACE JUNE 11, 2013

Feronia Inc.'s annual and special meeting of shareholders will take place at 9 a.m. on June 11, 2013, at the offices of Aird & Berlis LLP, Brookfield Place, 181 Bay St., suite 1800, Toronto, Ont. The special business to be acted on at the meeting includes:

1. A resolution regarding the amendment of the company's bylaw No. 1 to provide for advance notice of nominations of directors in certain circumstances. The purpose of the advance-notice provision is to give sufficient notice and information regarding director nominations so that shareholders can register an informed vote, and to establish a clear, orderly and efficient process for such nominations. The advance-notice provision was adopted by the board of directors of Feronia on May 7, 2013, and is effective immediately. It will be placed before shareholders for confirmation at the coming shareholder meeting;
2. A resolution regarding the renewal of the company's shareholder rights plan.

Details regarding the above-noted matters will be included in the company's management information circular, to be mailed to shareholders and filed under the company's profile on SEDAR.

We seek Safe Harbor.