Alexander & Baldwin, Inc. http://www.alacrastore.com/company-snapshot/Alexander_Baldwin_Inc-1000442 Sunday, November 23, 2008 4:38:54 AM 1000442 Alexander & Baldwin, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/newstex/PRN-0005-28261784newstex/PRN-0005-28261784xml HONOLULU, Sep. ##, #### (PRNewswire delivered by Newstex) -- HR BioPetroleum, Inc. (HRBP) announced today the appointment of Martin Sabarsky as Chief Financial Officer and Chief Operating Officer. Mr. Sabarsky had been consulting with...090000000901500004000000040020000400200104016000040160089/23/2008 4:18:50 PM1800000018007000PR Newswire USPRN-0005-28261784ALEXANDER & BALDWIN INCINDUSTRIAL BIOTECHNOLOGY CORPALEXIBOTNewsNewstexUS - Regency Centers LP, a unit of Macquarie Countrywide Trust subsidiary of Macquarie Group Ltd's Macquarie Bank Ltd, acquired Marina Shores Shopping Center, an owner and operator of shopping centers, from A&B Properties, a unit of Alex & Baldwin Inc.9/12/2008 12:15:46 PM75884N56811H55607P014482Regency Centers LP (Macquarie Countrywide Retail Trust)Marina Shores Shopping CenterMacquarie Group LtdAlexander & Baldwin Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Regency_Centers_LP_acquires_Marina_Shores_Shopping_Ctr_from_Alexander_Baldwin_Inc-2011295020sdc/20112950202011295020Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnited StatesReal estate investment trusts6798CACaliforniaSubsidiary5999:Retail stores, nec6512:Operators of nonresidential buildings6798:Real estate investment trusts6000:Banks6211:Security brokers, dealers, and flotation companies6282:Investment advice6289:Security and commodity services, nec6722:Management investment offices, open-end6726:Investment offices, nec6799:Investors, necRetail Trade-General Merchandise and ApparelUnited StatesDepartment stores5311CACaliforniaSubsidiary462255002Invest bank;pvd finl svcsPvd trans svcs;ppty dvlp,mgmtUnspecifiedAssets1039792001Sep 12 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.00000Own and operate shoppingcentersOwn and operate shopping centersOwn and operate shopping centers1.000002.000003.000004.00000Marina Shores Shopping Center,located in Long Beach,California, owns and operatesshopping centers.Marina Shores Shopping Center, located in Long Beach,California, owns and operates shopping centers.Marina Shores Shopping Center, located in Long Beach, California, owns and operates shopping centers.0.000000.000000.000000.00000Y10 Sep 08Wed, 10 Sep 2008 00:00:00 ESTDate Announced: 09/10/200810 Sep 08Date Effective: 09/10/200810 Sep 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000US - Regency Centers LP, aunit of Macquarie CountrywideTrust subsidiary of MacquarieGroup Ltd's Macquarie BankLtd, acquired Marina ShoresShopping Center, an owner andoperator of shopping centers,from A&B Properties, a unit ofAlex & Baldwin Inc.US - Regency Centers LP, a unit of Macquarie Countrywide Trust subsidiary of Macquarie Group Ltd's Macquarie Bank Ltd, acquired Marina Shores Shopping Center, an owner and operator of shopping centers, from A&B Properties, a unit of Alex & Baldwin Inc.US - Regency Centers LP, a unit of Macquarie Countrywide Trust subsidiary of MacquarieGroup Ltd's Macquarie Bank Ltd, acquired Marina Shores Shopping Center, an owner andoperator of shopping centers, from A&B Properties, a unit of Alex & Baldwin Inc.US - Regency Centers LP, a unit of Macquarie Countrywide Trust subsidiary of Macquarie Group Ltd's Macquarie Bank Ltd, acquired Marina Shores Shopping Center, an owner and operator of shoppingcenters, from A&B Properties, a unit of Alex & Baldwin Inc.US - Regency Centers LP, a unit of Macquarie Countrywide Trust subsidiary of Macquarie Group Ltd's Macquarie Bank Ltd, acquired MarinaShores Shopping Center, an owner and operator of shopping centers, from A&B Properties, a unit of Alex & Baldwin Inc.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005311:Department stores604411001AustraliaAustralia6000ForeignPublicMQG2062:Cane sugar refining4412:Deep sea foreign transportation of freight6531:Real estate agents and managers6796001NasdaqUnited States4412HawaiiPublicALEX0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsUS - Matson Global Distribution Services, a wholly-owned unit of Alexander & Baldwin Inc, acquired Pacific American Services LLC, a logistics and warehousing services provider.9/4/2008 9:54:29 AM57727T69727K01448269727KMatson Global Distribution ServicesPacific American Services LLCAlexander & Baldwin IncPacific American Services LLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Matson_Global_Distribution_Svc_acquires_Pacific_American_Services_LLC-2008948020sdc/20089480202008948020Copyright © 2008, Thomson Financial, All Rights ReservedTransportation and Shipping (except air)United StatesTrucking, except local4213HIHawaiiSubsidiary4213:Trucking, except local4225:General warehousing and storage2062:Cane sugar refining4412:Deep sea foreign transportation of freight6531:Real estate agents and managersTransportation and Shipping (except air)United StatesTrucking, except local4213CACaliforniaPrivate1037973001Pvd trans svcs;ppty dvlp,mgmtPvd logistics,warehousing svcsUnspecifiedAssets1037970001Sep 4 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000Matson Global DistributionServices, located in USA,provides logistics services,including warehousing,distribution and freightforwarding in the US and Asia.The company was established in2007.Matson Global Distribution Services, located in USA,provides logistics services, including warehousing,distribution and freight forwarding in the US and Asia. Thecompany was established in 2007.Matson Global Distribution Services, located in USA, provides logistics services, including warehousing, distribution and freight forwarding in the US and Asia. The company was established in 2007.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.00000Pacific American Services LLC,based in Oakland, California,provides logistics and publicwarehousing services. Its keymarkets are in the regions ofPort of Oakland and throughoutSan Francisco/NorthernCalifornia, with specializedexpertise processing HighValued Domestic, Imported andExported Goods, Wines &Spirits, Food & Beverages,Organic Food Products,Confectionary & BulkIngredients, High Tech, Retail& Apparel and ConsumerPackaged Goods.Pacific American Services LLC, based in Oakland, California,provides logistics and public warehousing services. Its keymarkets are in the regions of Port of Oakland and throughoutSan Francisco/Northern California, with specializedexpertise processing High Valued Domestic, Imported andExported Goods, Wines & Spirits, Food & Beverages, OrganicFood Products, Confectionary & Bulk Ingredients, High Tech,Retail & Apparel and Consumer Packaged Goods.Pacific American Services LLC, based in Oakland, California, provides logistics and public warehousing services. Its key markets are in the regions of Port of Oakland and throughout San Francisco/Northern California, with specialized expertise processing High Valued Domestic, Imported and Exported Goods, Wines & Spirits, Food & Beverages, Organic Food Products, Confectionary & Bulk Ingredients, High Tech, Retail & Apparel and Consumer Packaged Goods.0.000000.000000.000000.00000N02 Sep 08Tue, 02 Sep 2008 00:00:00 ESTDate Announced: 09/02/200802 Sep 08Date Effective: 09/02/200802 Sep 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000US - Matson GlobalDistribution Services, awholly-owned unit of Alexander& Baldwin Inc, acquiredPacific American Services LLC,a logistics and warehousingservices provider.US - Matson Global Distribution Services, a wholly-owned unit of Alexander & Baldwin Inc, acquired Pacific American Services LLC, a logistics and warehousing services provider.US - Matson Global Distribution Services, a wholly-owned unit of Alexander & Baldwin Inc,acquired Pacific American Services LLC, a logistics and warehousing services provider.US - Matson Global Distribution Services, a wholly-owned unit of Alexander & Baldwin Inc, acquired Pacific American Services LLC, a logistics and warehousing services provider.US - Matson Global Distribution Services, a wholly-owned unit of Alexander & Baldwin Inc, acquired Pacific American Services LLC, alogistics and warehousing services provider.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000004213:Trucking, except local4225:General warehousing and storage4226:Special warehousing and storage, nec6796001NasdaqUnited States4412HawaiiPublicALEX4213:Trucking, except local4225:General warehousing and storage4226:Special warehousing and storage, nec1037970001United States4213CaliforniaPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/bir/300167bir/300167normAlexander and Baldwin Inc.Alexander and Baldwin, Inc.United StatesTransportation: Ocean transportation. Agriculture: Sugar and coffee. Real Estate: Real estate management and development.442401330139653148311311193011199853121017FKAXB9/4/2008 6:16:00 AM300167Company Profiles & FinancialsGale Company ProfilesUS - Gemini Real Estate Advisors LLC acquired Boardwalk Shopping Center, an owner and operator of a shopping center, from A&B Properties Inc, a unit of Alexander & Baldwin Inc.8/26/2008 2:20:45 PM36899X09660N36899X014482Gemini Real Estate Advisors LLCBoardwalk Shopping Center, Round Rock,TexasGemini Real Estate Advisors LLCAlexander & Baldwin Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Gemini_Real_Estate_Advisors_acquires_Boardwalk_Shopping_Ctr_from_Alexander_Baldwin_Inc-2006572020sdc/20065720202006572020Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesUnited StatesReal estate investment trusts6798NYNew YorkPrivate6798:Real estate investment trusts6798:Real estate investment trustsReal Estate; Mortgage Bankers and BrokersUnited StatesOperators of nonresidential buildings6512TXTexasSubsidiary482112001RE invest firmPvd trans svcs;ppty dvlp,mgmtUnspecifiedAssets629011003Aug 26 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000Gemini Real Estate AdvisorsLLC, located in NeEw York, NewYork, is a real estateinvestment firm specializingin the acquisition,development and management ofcommercial real estate.Gemini Real Estate Advisors LLC, located in NeEw York, NewYork, is a real estate investment firm specializing in theacquisition, development and management of commercial realestate.Gemini Real Estate Advisors LLC, located in NeEw York, New York, is a real estate investment firm specializing in the acquisition, development and management of commercial real estate.1.000002.000003.000004.000005.000006.000007.000008.00000The Boardwalk Shopping Center,located in Round Rock, texas,owns and operates a shoppingcenter situated on 21 acres ofland. Major tenants of thecenter include Ross Dress forLess, PetsMart, Office Max,Party City and Dollar Tree.The Boardwalk Shopping Center, located in Round Rock, texas,owns and operates a shopping center situated on 21 acres ofland. Major tenants of the center include Ross Dress forLess, PetsMart, Office Max, Party City and Dollar Tree.The Boardwalk Shopping Center, located in Round Rock, texas, owns and operates a shopping center situated on 21 acres of land. Major tenants of the center include Ross Dress for Less, PetsMart, Office Max, Party City and Dollar Tree.0.000000.000000.000000.00000N21 Aug 08Thu, 21 Aug 2008 00:00:00 ESTDate Announced: 08/21/200821 Aug 08Date Effective: 08/21/200821 Aug 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000US - Gemini Real EstateAdvisors LLC acquiredBoardwalk Shopping Center, anowner and operator of ashopping center, from A&BProperties Inc, a unit ofAlexander & Baldwin Inc.US - Gemini Real Estate Advisors LLC acquired Boardwalk Shopping Center, an owner and operator of a shopping center, from A&B Properties Inc, a unit of Alexander & Baldwin Inc.US - Gemini Real Estate Advisors LLC acquired Boardwalk Shopping Center, an owner andoperator of a shopping center, from A&B Properties Inc, a unit of Alexander & Baldwin Inc.US - Gemini Real Estate Advisors LLC acquired Boardwalk Shopping Center, an owner and operator of a shopping center, from A&B Properties Inc, a unit of Alexander & Baldwin Inc.US - Gemini Real Estate Advisors LLC acquired Boardwalk Shopping Center, an owner and operator of a shopping center, from A&B PropertiesInc, a unit of Alexander & Baldwin Inc.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005999:Retail stores, nec6512:Operators of nonresidential buildings482112001United States6798New YorkPrivate2062:Cane sugar refining4412:Deep sea foreign transportation of freight6531:Real estate agents and managers6796001NasdaqUnited States4412HawaiiPublicALEX0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/ccbn/T1878998ccbn/T1878998norm...Good day, ladies and gentlemen and welcome to the second quarter #### Alexander & Baldwin earnings conference call. My name is George. I will be your coordinator for today. (OPERATOR INSTRUCTIONS). As a reminder, this conference is being recorded for replay purposes. I would now like to turn the presentation over to your host for today's call, Mr. Kevin Halloran, Vice President Corporate Development and Investor Relations. Please proceed. ... 7/28/2008 2:06:00 PMAlexander & Baldwin54.0000FinalAlexander & Baldwin Q2 2008 Earnings Conference Call TranscriptALEX2:00pm ETTranscriptT1878998Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/660565spcred/660565normThe latest Full Report from S&Pglobal7/19/2008 10:23:04 AM400Full Report660565United StatesMarineUnited StatesGlobal IssuersFinancial InstitutionsCorporationsTransportationFull ReportStrong competitive position in U.S. domestic ocean shipping High-quality real estate portfolio Solid financial profile Ample liquidity Significant, periodic capital investments in shipping and real estate End-market demand concentrated in Hawaii Ratings on Honolulu, Hawaii-based Alexander&Baldwin Inc. (A&B) reflect its strong competitive position in ocean shipping, favorable real estate asset quality, and solid financial profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson Navigation Co. Inc. is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii, Guam, and Micronesia. In addition, Matson provides domestic and international intermodal logistics brokerage services. A&B also engages in the development, leasing, and sale of real estate in Hawaii and the U.S.USA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNFULLUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/660562spcred/660562normThe latest Summary from S&Pglobal7/19/2008 10:23:04 AM175Summary660562United StatesMarineUnited StatesGlobal IssuersCorporationsTransportationSummaryRatings on Honolulu, Hawaii-based Alexander&Baldwin Inc. (A&B) reflect its strong competitive position in ocean shipping, favorable real estate asset quality, and solid financial profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson Navigation Co. Inc. is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii, Guam, and Micronesia. In addition, Matson provides domestic and international intermodal logistics brokerage services. A&B also engages in the development, leasing, and sale of real estate in Hawaii and the U.S. mainland, and in the production of raw cane sugar and coffee. Matson comprises the majority of A&B's consolidated cash generation and earnings. At March 31, 2008, Matson contributed more than 75%USA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNSUMMARYGLOBISSCORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/659429spcred/659429normThe latest Research Update from S&Pglobal7/14/2008 3:37:14 PM175Research Update659429United StatesMarineUnited StatesGlobal IssuersFinancial InstitutionsCorporationsTransportationResearch UpdateOn July 14, 2008, Standard&Poor's Ratings Services affirmed its ratings on Alexander&Baldwin Inc. (A&B), including the 'A-' long-term corporate credit rating. At the same time, we affirmed our 'A-' long-term corporate credit rating on A&B subsidiary Matson Navigation Co. Inc. (Matson). The rating outlooks on both entities remain stable. A&B had approximately $590 million of lease-adjusted debt outstanding at March 31, 2008. Ratings on Alexander&Baldwin reflect its strong competitive position in ocean shipping, favorable real estate asset quality, and solid financial profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson Navigation Co. Inc. is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii,USA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNRESUPDUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/659427spcred/659427normThe latest News from S&Pglobal7/14/2008 3:37:14 PM100News659427United StatesMarineUnited StatesGlobal IssuersFinancial InstitutionsCorporationsTransportationNewsNEW YORK (Standard&Poor's) July 14, 2008--Standard&Poor's Ratings Services today affirmed its ratings on Alexander&Baldwin Inc. (A&B), including the 'A-' long-term corporate credit rating. At the same time, we affirmed our 'A-' long-term corporate credit rating on A&B subsidiary Matson Navigation Co. Inc. (Matson). The rating outlooks on both entities remain stable. A&B had approximately $590 million of lease-adjusted debt outstanding at March 31, 2008. "Ratings on A&B and Matson reflect a strong competitive position in ocean shipping, favorable real estate asset quality, and solid financial profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand," said Standard&Poor's credit analyst Funmi Afonja. A&B subsidiary Matson is the largest oceanUSA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNNEWSUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1818072ccbn/T1818072norm...Good day, ladies and gentlemen, and welcome to the Alexander & Baldwin #### first quarter earnings conference call. My name is Ema, and I'll be your coordinator for today. (OPERATOR INSTRUCTIONS) I'd like to turn the presentation over to your host for today's call, Vice President of Corporate Development and Investor Relations, Mr. Kevin Halloran. Please proceed. ... 5/1/2008 7:06:00 PMAlexander & Baldwin54.0000FinalQ1 2008 Alexander & Baldwin Earnings Conference Call TranscriptALEX3:00pm ETTranscriptT1818072Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1786511ccbn/T1786511norm... - JP Morgan - AnalystOkay, we're going to move on with Alexander and Baldwin - half transportation company, half real estate company. But, I think most of the presentation today will focus on transportation. We have Chris Benjamin, the CFO and Treasurer, in from Hawaii, and also, Jim Andrasick, who is the CEO of the Matson Transportation Company. So, with that, I'm just going to turn it over to Chris to get started. ... 3/19/2008 3:05:00 PMAlexander & Baldwin54.0000FinalAlexander & Baldwin at JPMorgan Aviation & Transportation Conference TranscriptALEX10:45am ETTranscriptT1786511Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1739086ccbn/T1739086normQ# #### & Full Year Alexander & Baldwin Earnings Conference Call2/5/2008 8:05:00 PMAlexander & Baldwin54.0000FinalQ4 2007 & Full Year Alexander & Baldwin Earnings Conference Call TranscriptALEX2:00pm ETTranscriptT1739086Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/628365spcred/628365normThe latest Summary from S&P1/30/2008 6:32:06 PMSummary175global628365United StatesMarineUnited StatesGlobal IssuersFinancial InstitutionsCorporationsTransportationSummaryRatings on Honolulu, Hawaii-based Alexander&Baldwin (A&B) reflect its solid competitive position in ocean shipping, strong real estate asset quality, and modest financial risk profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson Navigation Co. Inc. is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii, Guam, and Micronesia. Matson also provides domestic and international intermodal logistics brokerage services. In addition, A&B engages in the development, leasing, and sale of real estate in Hawaii and the U.S. mainland; and the production of raw cane sugar and coffee. At more than 80% of A&B's revenues and more than 50% of its operating profits, Matson comprises a majority of A&B'sUSA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNSUMMARYUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/628363spcred/628363normThe latest Full Report from S&P1/30/2008 6:32:00 PMFull Report400global628363United StatesMarineUnited StatesGlobal IssuersFinancial InstitutionsCorporationsTransportationFull ReportAmple liquidity; Solid competitive position in U.S. domestic ocean shipping; High-quality real estate portfolio; and Modest financial risk profile. Significant, periodic capital investments in shipping and real estate; and End-market demand is concentrated in Hawaii. Ratings on Honolulu, Hawaii-based Alexander&Baldwin (A&B) reflect its solid competitive position in ocean shipping, strong real estate asset quality, and modest financial risk profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson Navigation Co. Inc. is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii, Guam, and Micronesia. Matson also provides domestic and international intermodal logistics brokerage services. In addition, A&B engages in the development, leasing, and sale of real estate inUSA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNFULLUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSFICORPTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1701321ccbn/T1701321norm12/31/2007 5:21:23 PMAlexander & Baldwin54.0000FinalA&B 2008 Outlook TranscriptALEX2:00pm ET...Good day, ladies and gentlemen, and welcome to the A&B #### Business Outlook Conference Call. My name is Michelle and I will be your coordinator for today. At this time, all listeners are in a listen-only mode. We will be facilitating a question and answer session towards the end of today's conference. (OPERATOR INSTRUCTIONS) I would now like to turn the presentation over to your host for today's call, Mr. Kevin Halloran, Vice President of Corporate Development & Investor Relations. Please proceed. ... TranscriptT1701321Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/622230spcred/622230normThe latest Research Update from S&P12/21/2007 11:00:09 AMResearch Update175global622230United StatesMarineUnited StatesGlobal IssuersCorporationsFinancial InstitutionsTransportationResearch UpdateOn Dec. 21, 2007, Standard&Poor's Ratings Services affirmed its ratings on Alexander&Baldwin Inc. (A&B) including the 'A-' long-term corporate credit rating. At the same time, we affirmed our 'A-' long-term corporate credit rating on A&B subsidiary Matson Navigation Co. Inc. (Matson). The rating outlooks on both entities remain stable. A&B had approximately $529.5 million of lease-adjusted debt outstanding at Sept. 30, 2007. Ratings on A&B reflect its solid competitive position in ocean shipping, strong real estate asset quality, and modest financial risk profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand. A&B subsidiary Matson is the largest ocean cargo carrier operating between the U.S. West Coast, Hawaii, Guam, and Micronesia. MatsonUSA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNRESUPDUSA57686357686220303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSCORPFITransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/622229spcred/622229normThe latest News from S&P12/21/2007 11:00:09 AMNews100global622229United StatesMarineUnited StatesGlobal IssuersCorporationsFinancial InstitutionsTransportationNewsNEW YORK (Standard&Poor's) Dec. 21, 2007--Standard&Poor's Ratings Services affirmed its ratings on Alexander&Baldwin Inc. (A&B) including the 'A-' long-term corporate credit rating. At the same time, we affirmed our 'A-' long-term corporate credit rating on A&B subsidiary Matson Navigation Co. Inc. The rating outlooks on both entities remain stable. A&B had approximately $529.5 million of lease-adjusted debt outstanding at Sept. 30, 2007. "Ratings on Alexander&Baldwin reflect its solid competitive position in ocean shipping, strong real estate asset quality, and modest financial risk profile, offset somewhat by risks associated with significant investment requirements and concentrated end-market demand," said Standard&Poor's credit analyst Funmi Afonja. A&B subsidiary Matson Navigation Co. Inc. is theUSA01448220303010 203030 2030 20Alexander&Baldwin Inc.128919USAALEX@CNNEWSUSA57686257686320303010 203030 2030 20Matson Navigation Co. Inc.108628USA1035ZGLOBISSCORPFITransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/srp/18927srp/18927norm...Address:### Bishop Street, Post Office Box ####, Honolulu, Hawaii ##### Incorporated:HawaiiWeb Site: www.alexanderbaldwin.comSIC Classification: Deep Sea Domestic Transportation of Freight (####) Business Description: Alexander & Baldwin, Inc. is a diversified corporation providing ocean transportation and related shoreside operations; intermodal, truck brokerage and logistics services; property development and food products operations.Indices:Russell ####, Russell ####, S&P ### ... 18927014482103AXB10/6/2006 12:38:00 PM18927Credit & Investment ResearchSharkRepellent.net