Analyst Coverage
FirmAnalyst
Barclays CapitalDaniel Ford, CFA
 M. Beth  Straka
D.A. Davidson & CompanyMichael Bates
Gabelli & Company, Inc.Timothy M.  Winter, CFA
 Nicholas D.  Yuelys
ISI International Strategy & Investment GroupGreg  Gordon
 Dmitri  Pchelintsev
Macquarie (USA) Equities ResearchAndrew  Weisel, CFA
 Angie Storozynski
 Cleo  Zagrean, CFA
MorningstarCharles  Fishman, CFA
Robert W. Baird & CompanyDavid E.  Parker
 Bryce  Rowe, CFA
 Heike M.  Doerr
 Dan  Nicholas, CFA
SNL FinancialJim Davis
Value LinePaul Debbas
Wolfe TrahanSteve Fleishman
 David A.  Paz
Hawaiian Electric Industries, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Hawaiian Electric Industries, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Hawaiian Electric Industries, Inc. or its management. Hawaiian Electric Industries, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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