Webcast of Alexander & Baldwin's 2007 Fourth Quarter and Full Year Earnings Call...

Webcast of Alexander & Baldwin's 2007 Fourth Quarter and Full Year Earnings Call Live at 2 p.m. EST, Tuesday, February 5, 2008

HONOLULU--(Business Wire)--Alexander & Baldwin, Inc. (NASDAQ:ALEX) will host a live webcast
of its regular quarterly conference call with financial analysts and
professional investors on Tuesday, February 5 at 2:00 p.m. EST.

The webcast and call will feature a presentation on operating and
financial performance, followed by questions from investors invited to
participate in the interactive portion of the discussion. Parties
listening via the webcast will be in a "listen-only" mode.

Company participants in the webcast and call will be: Allen Doane,
chairman and chief executive officer; Christopher J. Benjamin, senior
vice president, chief financial officer and treasurer; James S.
Andrasick, chief executive officer of Matson Navigation; Stanley M.
Kuriyama, chief executive officer of A&B Properties and Kevin L.
Halloran, vice president of corporate development and investor
relations.

Access to the call will be via a link called "2007 Fourth Quarter
and Full Year Earnings Call" at that date and time on the home page of
A&B's corporate website at www.alexanderbaldwin.com. Approximately
three hours after the call, an archived replay will be available on
the A&B site. The replay will remain available through February 12,
2008.

The Company plans to release its earnings before the opening of
the market on Tuesday, February 5. Upon confirmation that the earnings
have been made public, the earnings release also will be available at
the A&B website.

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

Alexander & Baldwin, Inc.
Kevin L. Halloran, Vice President, Corporate Development
and Investor Relations
808-525-8422
khalloran@abinc.com

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