Alexander & Baldwin to Present 2008 Outlook Webcast

November 20, 2007

HONOLULU--(BUSINESS WIRE)--Nov. 20, 2007--Alexander & Baldwin, Inc. (NASDAQ:ALEX) will host a live webcast with financial analysts and professional investors to provide its business outlook for 2008. At the conclusion of the formal presentation, questions from invited participants will be answered. Parties listening via the webcast will be in a "listen-only" mode.

The webcast is slated for November 30, 2007 at 2 p.m. EDT. Access to the call will be via a link called "A&B 2008 Outlook" on the home page of A&B's corporate website at www.alexanderbaldwin.com. Following the live webcast, an archived replay of the call will be available on the A&B site beginning approximately three hours after the call ends. The replay will remain available through December 7, 2007.

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 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.

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

SOURCE: Alexander & Baldwin, Inc.