Webcast of Alexander & Baldwin’s Analyst Day Live at 8 a.m. EST and 9:30 a.m. EST, Wednesday, April 11, 2012

Alexander & Baldwin, Inc. (NYSE:ALEX) will host two live webcasts of its 2012 Analyst Day with financial analysts on Wednesday, April 11, 2012.

The first webcast will begin at 8 a.m. EST, and will feature a presentation by Matson, a subsidiary of Alexander & Baldwin. Matthew Cox, president of Matson, Joel Wine, chief financial officer of Alexander & Baldwin, and members of the Matson management team will provide an in-depth presentation of its transportation business, operations, strategy and financials. The transportation webcast is expected to last one and a half hours and end at 9:30 a.m. EST.

The second webcast will begin at 9:30 a.m. EST, and will feature a presentation by Alexander & Baldwin. Stan Kuriyama, president and chief executive officer of Alexander & Baldwin, Christopher Benjamin, president of A&B Land Group and members of the Land Group management team will provide an in-depth presentation of its real estate business, operations, strategy and financials. The real estate webcast is expected to last two-and-a-half hours and end at 12:00 p.m. EST.

Access to the webcasts will be via a link called “2012 Matson Analyst Day” and “2012 A&B Real Estate Analyst Day” on the investor relations events page of A&B’s corporate website at www.alexanderbaldwin.com. Presentation slides and the Company’s Real Estate Supplement will be available for download from A&B’s website after market close on April 10.

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.