THE ST. JOE COMPANY

Over the past decade, The St. Joe Company (NYSE: JOE) has earned its reputation as one of Florida's premier real estate development companies and one of the nation's most acclaimed placemakers. With approximately 185,000 acres of land, concentrated primarily in Northwest Florida between Tallahassee and Destin, St. Joe is helping to bring high-quality, strategic growth to the last, best part of Florida. The Company is focused on becoming the primary supplier of entitled land in Northwest Florida. St. Joe’s land-use entitlements in hand, or in process, totals thousands residential units and millions of square feet of commercial space, with hundreds of acres of land-use entitlements for commercial uses. The Company also manages timber operations.