Alico, Inc. to Release Second Quarter and Six Months of Fiscal Year 2013 Results on Monday, May 6, 2013

Alico, Inc. to Release Second Quarter and Six Months of Fiscal Year 2013
Results on Monday, May 6, 2013

FORT MYERS, Fla., April 23, 2013 (GLOBE NEWSWIRE) -- Alico, Inc. (Nasdaq:ALCO)
("Alico"), a Florida-based agribusiness and land management company announced
today that it will release its second quarter and six months of fiscal year
2013 results after the market closes on Monday, May 6, 2013. Alico's earnings
press release will be posted on the Investor Relations section of the
Company's website at www.alicoinc.com.

About Alico, Inc.

Alico, Inc. ("Alico") is an American agribusiness and land management company
built for today's world and known for its legacy of achievement and innovation
in citrus, sugar, cattle and resource conservation. We own approximately
130,400 acres of land in five Florida counties (Collier, Glades, Hendry, Lee
and Polk). In addition to principal lines of business in citrus groves,
improved farmland including sugar cane, cattle ranching and conservation, and
related support operations, we also receive royalties from rock mining and oil
production. Our mission is to create value for our customers, clients and
shareholders by managing existing lands to their optimal current income and
total returns, opportunistically acquiring new agricultural assets; and
producing high quality agricultural products while exercising responsible
environmental stewardship.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section21E of the
Securities Exchange Act of 1934, as amended.These forward-looking statements
are based on Alico's current expectations about future events and can be
identified by terms such as "expect," "may," "anticipate," "intend," "should
be," "will be," "is likely to," "strive to," and similar expressions referring
to future periods.

Alico believes the expectations reflected in the forward-looking statements
are reasonable but cannot guarantee future results, level of activity,
performance or achievements.Actual results may differ materially from those
expressed or implied in the forward-looking statements.Therefore, Alico
cautions you against relying on any of these forward-looking statements.
Factors which may cause future outcomes to differ materially from those
foreseen in forward-looking statements include, but are not limited
to:changes in laws, regulation and rules; weather conditions that affect
production, transportation, storage, import and export of fresh product;
increased pressure from disease, insects and other pests; disruption of water
supplies or changes in water allocations; pricing and supply of raw materials
and products; market responses to industry volume pressures; pricing and
supply of energy; changes in interest rates; availability of financing for
land development activities; political changes and economic crises;
international conflict; acts of terrorism; labor disruptions; inability to pay
debt obligations; inability to engage in certain transactions due to
restrictive covenants in debt instruments; government restrictions on land
use; market and pricing risks due to concentrated ownership of stock.Other
risks and uncertainties include those that are described in Alico's SEC
filings, which are available on the SEC's website at http://www.sec.gov. Alico
under takes no obligation to subsequently update or revise the forward-looking
statements made in this press release, except as required by law.

CONTACT: Investor Contact:
         Rubenstein Investor Relations
         Tim Clemensen
         (212) 843-9337
         TClemensen@RubensteinIR.com

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