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Alico's Lead Director Will Not Stand for Re-election to Board of Directors

LABELLE, Fla., Sept. 8, 2008 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that Gregory T. Mutz will not stand for re-election to Alico, Inc.'s Board of Directors in February 2009. He will serve out his current term on the Board. Mr. Mutz has served as…

Alico Reports Third Quarter Earnings

LABELLE, Fla., Aug. 11, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net income for the third quarter of fiscal year 2008 of $5.0 million, or $0.68 per share, compared with a net loss of $19.0 million, or $2.58 per share, during the three months ended…

Alico, Inc. Announces Regular Quarterly Dividend

LABELLE, Fla., July 30, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on July 25, 2008, the Board declared a quarterly dividend in the amount of $0.275 per share to be paid to shareholders of record as of October…

Alico Executes Complete Final Settlement With IRS

LA BELLE, Fla., July 1, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that it had completed and executed a final settlement agreement with the IRS related to tax years 2000 - 2004 and had executed a similar agreement for its Agri-Insurance, Ltd.…

Alico, Inc. Appoints Dan L. Gunter as Chief Executive Officer

LABELLE, Fla., June 30, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that Dan L. Gunter, President and Chief Operating Officer, was named Chief Executive Officer of the Company effective July 1, 2008. Mr. Gunter will succeed John R. Alexander who held…

Alico Corrects Ethanol Press Release

LaBELLE, Fla., June 3, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (NASDAQ:ALCO), a land management company, announced yesterday that it was discontinuing its ethanol pursuits. The release as issued inadvertently omitted the sentence below: "During the past year, Alico has been working with New Planet…

Alico to Discontinue Ethanol Efforts

LABELLE, Fla., June 2, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced today that it will no longer explore the development of an ethanol facility. As previously announced, the Company had been selected by the United States Department of Energy (DOE) and…

Alico Reports Second Quarter Earnings

LABELLE, Fla., May 12, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net earnings for the second quarter of fiscal year 2008 of $1.5 million, or $0.21 per share, compared with net earnings of $5.5 million, or $0.75 per share, during the three months…

Alico, Inc. Announces Regular Quarterly Dividend

LABELLE, Fla., April 29, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced that at its Board of Directors meeting on April 25, 2008, the Board declared a regular quarterly dividend in the amount of $0.275 per share to be paid to shareholders of record as…

Alico Reports First Quarter Earnings

LABELLE, Fla., Feb. 15, 2008 (PRIME NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO), a land management company, announced net earnings for the first quarter of fiscal year 2008 of $2.8 million, or $0.38 per share, compared with net earnings of $2.6 million, or $0.35 per share, during the three months…

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