John C. Adams, Jr. ^{(1) (2)}

Retired in 2006 as Executive Vice President of Brown and Brown, Inc. (an insurance agency).

John J. Allen (3)

President of Allen Land Group, Inc., a Florida based commerical real estate brokerage company also involved in development, permitting and financial analysis, since 1994; president of Mitigation Solutions, Inc., a wetlands land bank, since 1995.

William H. Davison ^{(2) (4)}

Retired in 2007 as Chairman of the Board, president and chief executive officer of SunTrust Bank, East Central Florida.

Gerald L. DeGood ⁽³⁾

Consultant

Jeffry B. Fuqua (4)

President of Amick Construction, Inc., a highway construction and land development company, since 1977.

Allen C. Harper (2)

Chairman and CEO of American Heritage Railways, since 1998.

William H. McMunn ⁽¹⁾

President and Chief Executive Officer of Consolidated-Tomoka Land Co.; President, Indigo Development Inc., a subsidiary of the Company, since 1990.

William L. Olivari ^{(2) (3)}

Certified Public Accountant and Partner in Olivari and Associates (an accounting firm).

John C. Myers, III ⁽⁴⁾

President and Chief Executive Officer of the Reinhold Corporation (a privately owned family corporation with land holdings, forestry, and an ornamental tree nursery), since 1993.

Linda Loomis Shelley (4)

Attorney and Shareholder (Head of Business Department), Fowler White Boggs PA.

William J. Voges ^{(1) (5)}

President and Chief Executive Officer since 1997 and General Counsel from 1990 of The Root Organization (a private investment company with diversified holdings).

(1) Member of the Executive Committee
(2) Member of the Compensation and Stock Option Committee
(3) Member of the Audit Committee
(4) Member of the Governance Committee
(5) Chairman of the Board