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The St. Joe Company (NYSE: Joe) To Host Conference Call To Review Third Quarter Results

JACKSONVILLE, Florida - (October 14, 2009) - The St. Joe Company (NYSE: JOE) announced today that it will host a conference call on Tuesday, November 3, 2009, at 10:30 am (EST) to review the company's results for the third quarter ended September 30, 2009.

The company will release its third quarter results prior to the market opening on Tuesday, November 3, 2009. The company's earnings press release and supplemental information package will be posted on the Investor Relations section of the company's web site at www.joe.com.

If you wish to participate in the call, please phone 866.316.1366 (for domestic calls) or 913.312.1266 (for international calls) approximately ten minutes before the scheduled start time. You will be asked for a Confirmation Code which is: 7228714. The company will also webcast the conference call in a listen-only format on the company's web site.

Approximately three hours following the call, you may access a replay of the call by phoning 888.203.1112 (for domestic calls) or 719.457.0820 (for international calls) using access code 7228714. Access to the replay will be available until November 10, 2009. A webcast archive of the conference call will be posted to the company web site approximately 90 minutes following the call and will be available until November 10, 2009.

The St. Joe Company (NYSE: JOE), a publicly held company based in Jacksonville, is one of Florida's largest real estate development companies. We are primarily engaged in real estate development and sales, with significant interests in timber.

More information about the company can be found at our web site at www.joe.com.

St. Joe Media Contact:
Jerry M. Ray
904 301.4430
jray@joe.com

St. Joe Investor Contact:
David Childers
904.301.4302
dchilders@joe.com

© 2009, The St. Joe Company. "St. Joe," "JOE" and the
"Taking Flight" design are service marks of The St. Joe Company.

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