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FIRST HAWAIIAN INC. DECLARES QUARTERLY DIVIDEND; HARUKI NAMED TO FIRST HAWAIIAN BANK BOARD

 FIRST HAWAIIAN INC. DECLARES QUARTERLY DIVIDEND;
 HARUKI NAMED TO FIRST HAWAIIAN BANK BOARD
 HONOLULU, Feb. 20 /PRNewswire/ -- The board of directors of First Hawaiian Inc. (NASDAQ: FHWN) today declared a quarterly dividend of 26 cents per share, payable March 13, 1992 to stockholders of record Feb. 28, 1992. This represents no change from the previous quarterly payment.
 In addition, Warren H. Haruki, president of GTE Hawaiian Tel, was named to the board of directors of First Hawaiian Bank. Haruki replaces Lee K. Toole, who has left Hawaii to became international vice president of GTE Mobile Communications in Atlanta.
 Commenting on Haruki's appointment, First Hawaiian Chairman and Chief Executive Officer Walter A. Dods Jr. said, "Mr. Haruki is respected as one of our state's young business and community leaders. First Hawaiian is pleased to name this outstanding businessperson to the bank's board of directors."
 Haruki became president of GTE Hawaiian Tel in January 1992. He began his career with GTE Hawaiian Tel in 1977 as a rate coordinator in marketing services. A year later, he moved to revenues and earnings, where he held several positions, becoming vice president of the department in 1986. He then added additional responsibilities as vice president of external affairs in 1988 and was promoted to vice president of sales and service in 1991.
 Active in community affairs, Haruki also is a member of the board of the Hawaii Visitors Bureau, Hawaii Business Roundtable, Economic Development Corp. of Honolulu, Hawaii Community Foundation and the Statewide United Way. He also is a trustee and vice president of finance and administration for the Public Schools of Hawaii Foundation. A Kauai native, Haruki has a bachelor's degree in industrial management from Purdue University and a master's degree in business administration from the University of Hawaii. He also is a certified public account.
 First Hawaiian Inc. is a bank holding company, with $6.5 billion in assets, whose principal subsidiary is First Hawaiian Bank, on the two largest financial institutions in Hawaii. Other subsidiaries include First Hawaiian Creditcorp Inc., the state's largest locally owned financial services loan company; and First Hawaiian Leasing Inc., which is primarily engaged in commercial equipment and vehicle leasing.
 -0- 2/20/92
 /CONTACT: Lisa Halvorson of First Hawaiian, 808-525-6111/
 (FHWN) CO: First Hawaiian Inc. ST: Hawaii IN: FIN SU: DIV PER


EH-KJ -- LA040 -- 1195 02/20/92 19:01 EST
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Publication:PR Newswire
Date:Feb 20, 1992
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