HONOLULU--(BUSINESS WIRE)--Feb. 1, 2005--Hawaiian Electric
Industries, Inc. (NYSE:HE) announced that its 2004 year-end earnings
will be released on February 7, 2005, after market close. The Company
will also conduct an audio webcast and teleconference call to review
its year-end earnings on Tuesday, February 8, 2005, at 12:00 noon EST.
The event can be accessed through HEI's website at http://www.hei.com
or by dialing 800-798-2864, pass code: 18851071 for the teleconference
An online replay of the webcast will be available at the same
website beginning about two hours after the event. Replays of the
teleconference call will also be available approximately two hours
after the event through February 22, 2005, by dialing
888-286-8010, pass code: 44811615.
Representing management will be Robert F. Clarke, chairman,
president and chief executive officer, Hawaiian Electric Industries,
Inc.; T. Michael May, president and chief executive officer, Hawaiian
Electric Company, Inc.; Constance H. Lau, president and chief
executive officer, American Savings Bank, F.S.B.; and Eric K. Yeaman,
financial vice president, treasurer and chief financial officer,
Hawaiian Electric Industries, Inc.
The webcast/teleconference 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 are referenced in the "Forward-Looking
Statements and Risk Factors" discussion (which is incorporated by
reference herein) set forth in HEI's Form 8-K dated December 31, 2004,
and filed on January 6, 2005, 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
HEI and its subsidiaries are a critical part of Hawaii's economy.
HEI supplies power to over 400,000 customers or 93% of the Hawaii
electric public utility market through its electric utilities,
Hawaiian Electric Company, Maui Electric Company and Hawaii Electric
Light 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
CONTACT: Hawaiian Electric Industries, Inc.
Suzy P. Hollinger, 808-543-7385
SOURCE: Hawaiian Electric Industries, Inc.