Alexander & Baldwin to Present at the Wachovia Mid-Year Equity Conference

HONOLULU--(Business Wire)--
Alexander & Baldwin, Inc. (NYSE:ALEX) announced today that Norbert M. Buelsing,
president of A&B Properties, a subsidiary of Alexander & Baldwin, and Kevin L.
Halloran, vice president of corporate development and investor relations of
Alexander & Baldwin, will present an overview of the company at the 19th Annual
Wachovia Mid-Year Equity Conference in Boston. Both gentlemen are scheduled to
deliver the presentation at 1:00 p.m. Eastern Daylight Time on Tuesday, June 23,
2009 and will respond to questions from participants at the conference.

Alexander & Baldwin will provide access to the presentation slides on its
website during the presentation and until 5 p.m. Eastern Daylight Time on June
30, 2009. Access to the slides will be available at this link:
http://www.alexanderbaldwin.com/investor-relations/events-and-presentations/.
Additionally, Wachovia will provide audio-only access at its website,
http://www.wsw.com/webcast/wa55/alex. The link to the audio access will be
active 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., Matson Integrated Logistics, Inc. and Matson Global
Distribution Services; in real estate through A&B Properties, Inc.; and in food
products 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, 808-525-8422
Vice President, Corporate Development and Investor Relations
khalloran@abinc.com

Copyright Business Wire 2009