Alexander & Baldwin To Present At BB&T Capital Markets Transportation Services Conference

Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that two company executives will present an overview of the company's transportation business at the BB&T Capital Markets Transportation Conference in Coral Gables, Florida. Matthew J. Cox, president of Matson Navigation Company, a subsidiary of Alexander & Baldwin, and Joel Wine, senior vice president, chief financial officer and treasurer of Alexander & Baldwin, will deliver the presentation at 7:40 a.m. Eastern Standard Time on Thursday, February 16, 2012 and will respond to questions from conference participants.

Alexander & Baldwin will provide access to the presentation slides on its website at 3:30 p.m. Eastern Standard Time on February 15, 2012. Access to the slides will be available at this link: http://www.alexanderbaldwin.com/investor-relations/events-and-presentations/. Additionally, BB&T will provide audio-only access at its website, http://wsw.com/webcast/bbt22/alex/. A replay of the audio portion of the webcast will be available at this link for 90 days.

Alexander & Baldwin, Inc. is headquartered in Honolulu, Hawaii and is engaged in ocean transportation and logistics services through its subsidiaries, Matson Navigation Company, Inc. and Matson Logistics, Inc.; in real estate, through A&B Properties, Inc.; and in agribusiness, through Hawaiian Commercial & Sugar Company. Additional information about A&B may be found at its web site: www.alexanderbaldwin.com.

Statements in this press release that are not historical facts are “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with our Annual Report on Form 10-K and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements.

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