May 3, 2005

FIRST HAWAIIAN BANK RAISES PRIME RATE

(Honolulu, HI, May 3, 2005) -- First Hawaiian Bank today announced that it is raising its prime lending rate from 5.75% to 6.0%, effective tomorrow (May 4).

The prime rate is a benchmark for interest rates on many types of loans.

First Hawaiian Bank is a major subsidiary of BancWest Corporation, which has $51.4 billion in assets.