First Hawaiian Bank Signs Agreement with Mitsubishi UFJ Trust and Banking
Corporation to offer Estate Settlement Services to Japanese Citizens

Honolulu, Hawaii May 9, 2008 -- First Hawaiian Bank signed an agreement today with one of Japan's largest trust banks, Mitsubishi UFJ Trust and Banking Corporation, to provide estate settlement services for Japanese citizens.

“Hawaii has long been an attractive investment market for Japanese citizens and we anticipate continued investment growth in the future,” said Don Horner, First Hawaiian Bank's president and chief executive officer. “Our bank is pleased to partner with Mitsubishi UFJ Trust to provide solutions for the complexity of estate settlement for Japanese Nationals with investments in Hawaii, Guam, and Saipan.”

About First Hawaiian Bank
First Hawaiian Bank with $12.75 billion in assets (www.fhb.com) was founded in 1858 and is Hawaii's oldest and largest bank. It has 58 branches in Hawaii, three on Guam and two on Saipan. It is a subsidiary of BancWest Corporation (www.bancwestcorp.com), a financial holding company.

About Mitsubishi UFJ Trust:
Mitsubishi UFJ Trust and Banking Corporation is the core member and a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. MUTB, Japan's largest trust bank, which has a network of 77 branches and 15 satellite offices in Japan. As of December 2007, MUTB had trust assets of around $1,166 billion and the wills entrusted to MUTB reached around $53 billion. For more information, visit www.tr.mufg.jp

# # #