THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Consolidated-Tomoka Land Co. (CTO)

3/24/2006 Proxy Information

William J. Voges, a director of the Company, serves as an officer and director of the Managing Member of Silver Holly Development, LLC, which purchased $67,240 in impact fee credits from the Company on January 10, 2006, in a cash transaction at market value and on prevailing market terms and conditions, pursuant to a provision of a sales contract assigned to Silver Holly Development, LLC in December 2004.

3/24/2005 Proxy Information

William O. E. Henry, a director of the Company, retired on December 31, 2004, as a partner in the law firm of Holland & Knight LLP, which served as counsel to the Company during the fiscal year ended December 31, 2004.

William J. Voges, a director of the Company, serves as an officer and director of the Managing Member of Silver Holly Development, LLC, and serves or may serve as Trustee or Successor Trustee to its members. On December 28, 2004, Silver Holly Development, LLC , purchased 4.57 acres at a purchase price of $1,073,858 from the Company. This contract contains a provision to purchase impact fee credits (estimated $60,000 to $70,000), if needed, from the Company. This was a cash transaction at market value and on prevailing market terms and conditions.