Figured it out! I had to use
Locate_list=findobj(gcf,'Tag','Listbox'); % locate listbox
String=str2num(get(Locate_list,'String'));
String_Value =get(Locate_list,'Value'); % get string number
figure('...')
.....
.....
ylabel(['Name:', num2str(*String*(*String_Value*)) ]);
And I get a nice label including the text:
Name: Anna , where Anna was in the listbox as a one of the strings :)