Hawaiian Electric Industries, Inc. to Announce 2007 Financial Results on February...

Hawaiian Electric Industries, Inc. to Announce 2007 Financial Results on February 21, 2008

HONOLULU--(Business Wire)--
Hawaiian Electric Industries, Inc. (NYSE:HE) said today that it
plans to announce its 2007 financial results on Thursday, February 21,
2008.

The Company also announced that it has scheduled a conference call
beginning at 1:00 p.m. Eastern time on Friday, February 22, 2008. HEI
president and chief executive officer, Constance H. Lau; Hawaiian
Electric Company, Inc. president and chief executive officer, T.
Michael May; and American Savings Bank, F.S.B. president, Timothy K.
Schools, will present an overview of 2007 results and the outlook for
2008.

Interested parties may listen to the conference by calling (866)
270-6057 and entering passcode 11751245, or by listening to a webcast
on HEI's website, www.hei.com.

HEI supplies power to over 400,000 customers or 95% of Hawaii's
population through its electric utilities, Hawaiian Electric Company,
Hawaii Electric Light Company and Maui Electric Company and provides a
wide array of banking and other financial services to consumers and
businesses through American Savings Bank, the state's third largest
financial institution based on asset size.

Forward-Looking Statements

Statements made orally on the above-referenced webcast/conference
call may contain "forward-looking statements," which include
statements that are predictive in nature, depend upon or refer to
future events or conditions, and usually include words such as
expects, anticipates, intends, plans, believes, predicts, estimates or
similar expressions. In addition, any statements concerning future
financial performance (including future revenues, expenses, earnings
or losses or growth rates), ongoing business strategies or prospects
and possible future actions, which may be provided by management, are
also forward-looking statements. Forward-looking statements are based
on current expectations and projections about future events and are
subject to risks, uncertainties and assumptions about HEI and its
subsidiaries, the performance of the industries in which they do
business and economic and market factors, among other things. These
forward-looking statements are not guarantees of future performance.

Forward-looking statements made orally on the above-referenced
webcast/conference should be read in conjunction with the
"Forward-Looking Statements" discussion (which is incorporated by
reference herein) set forth on page iv of HEI's Quarterly Report on
Form 10-Q for the quarter ended September 30, 2007, and in HEI's
future periodic reports that discuss important factors that could
cause HEI's results to differ materially from those anticipated in
such statements. Forward-looking statements speak only as of the date
of the above-referenced webcast/conference call.

Hawaiian Electric Industries, Inc.
Suzy P. Hollinger, 808-543-7385
808-203-1155 Facsimile
Manager, Treasury and Investor Relations
E-mail: shollinger@hei.com

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