Exhibit 99.1

AGREEMENT

The undersigned agree that this Schedule 13D/A dated March 7, 2011 relating to the Common Stock of The St. Joe Company shall be filed on behalf of the undersigned.

Date: March 7, 2011	FAIRHOLME CAPITAL MANAGEMENT, L.L.C.
	By:	/s/ Bruce R. Berkowitz
		Bruce R. Berkowitz
	FAIRHOLME FUNDS, INC.
	By:	/s/ Bruce R. Berkowitz
		Bruce R. Berkowitz
	/s/ Bruce R. Berkowitz
	BRUCE R. BERKOWITZ