FOWLER WHITE BOGGS, P.A.
50 North Laura Street, Suite 2800
Jacksonville, Florida 32202
May 21, 2013
10070 Daniels Interstate Court
Fort Myers, Florida 33913
Re: Registration Statement on Form S-8
We have acted as counsel for Alico, Inc. (the “Corporation ) in connection with the Registration Statement on Form S-8 dated as of May 16, 2013 (the “Registration Statement” filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”), relating to 350,000 shares of the common stock, $1. 00 par value per share, of the Corporation (the “Shares”), to be issued in accordance with the terms of the Corporation’s 2013 Incentive Equity Plan (the “Incentive Plan”). As counsel for the Corporation, we have examined the Registration Statement and the relevant corporate documents incident to the giving of this opinion.
Based upon the foregoing, and in reliance upon information from time to time furnished to us by the Corporation’s officers, directors and agents, we are of the opinion that the Shares, when issued and delivered in accordance with the terms of the Incentive Plan wil be legally issued, fully paid and non-assessable. We understand that this opinion letter is to be used in connection with the Registration Statement, and hereby consent to the filing of this opinion letter with and as an exhibit to the Registration Statement, and to the reference to our firm in the Registration Statement, or in any prospectus delivered thereunder, as experts with respect to legal matters.
Very truly yours,
/s/ Fowler White Boggs P.A.
FOWLER WHITE BOGGS P.A.