December 1, 2008

Consolidated-Tomoka Land Co. Names Linda Shelley to the Company’s Board of Directo

DAYTONA BEACH (December 1, 2008) – Consolidated-Tomoka Land Co. (NYSE Alternext US–CTO) announced today that it has named Linda Loomis Shelley to the Company’s Board of Directors. Ms. Shelley, who qualifies as an independent director, fills a vacancy on the Board created by the retirement of Bob Allen. (Full Story)

November 21, 2008

Consolidated-Tomoka Land Co. Determines that Proposal from Wintergreen Advisers is Not in Best Interests of Shareholders 

DAYTONA BEACH (November 21, 2008) – Consolidated-Tomoka Land Co. (AMEX:CTO:NYSE Alternext US–CTO) (the “Company”) announced today that its Board of Directors has reviewed and rejected a proposal from Wintergreen Advisers, LLC (“Wintergreen”), the Company’s largest shareholder, because it would have provided Wintergreen with undue influence over the Company and was deemed not in the best interests of the Company’s other shareholders.  (Full Story)

November 20, 2008

Consolidated-Tomoka Land Co. Announces Authorization of Stock Repurchase Program and Change in Dividend Policy

DAYTONA BEACH, FL. November 20, 2008 Consolidated-Tomoka Land Co. (AMEX: CTO: NYSE Alternext US–CTO) (the “Company”) today announced that its Board of Directors has authorized a program to repurchase shares of the Company’s common stock having an aggregate value of up to $8,000,000. (Full Story)