October 8, 2008

FIRST HAWAIIAN BANK LOWERS PRIME RATE

(Honolulu, Hawaii October 8, 2008) - First Hawaiian Bank announced that it will lower its prime lending rate from 5.00% to 4.50%, effective tomorrow. The prime rate is a benchmark for interest rates on many types of loans.

First Hawaiian Bank, Hawaii's oldest and largest bank, has total assets of $12.8 billion and 58 branches in Hawaii, three on Guam and two on Saipan.

# # #