DAYTONA BEACH, Fla., Dec. 22 /PRNewswire-FirstCall/ -- Consolidated-Tomoka Land Co. (NYSE Alternext US: CTO) announced today that its annual meeting for shareholders will be held on Wednesday, April 22, 2009 at 1:30 p.m., local time, to be held in Daytona Beach, Florida. The record date for shareholders entitled to notice of and to vote at the annual meeting has been set for March 13, 2009. Consolidated-Tomoka Land Co. is a Florida-based company primarily engaged in converting Company owned agricultural lands into a portfolio of net lease income properties strategically located in the Southeast, through the efficient utilization of 1031 tax-deferred exchanges. The Company has low long-term debt and generates over $9 million in annual before tax cash flow from its real estate portfolio. The Company also engages in selective self-development of targeted income properties. The Company's adopted strategy is designed to provide the financial strength and cash flow to weather difficult real estate cycles. Visit our website at http://www.ctlc.com/ . DATASOURCE: Consolidated-Tomoka Land Co. CONTACT: Bruce W. Teeters, Sr. Vice President, Consolidated-Tomoka Land Co., +1-386-274-2202, Fax: +1-386-274-1223 Web site: http://www.ctlc.com/

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