Hawaiian Electric Industries, Inc. Maintains Dividend

            Hawaiian Electric Industries, Inc. Maintains Dividend

PR Newswire

HONOLULU, Aug. 7, 2013

HONOLULU, Aug. 7, 2013 /PRNewswire/ -- On August 6, 2013, the board of
directors of Hawaiian Electric Industries, Inc. (NYSE: HE) (HEI) maintained
the regular quarterly cash dividend of 31 cents per share, payable September
11, 2013, to shareholders of record at the close of business on
August21,2013 (ex-dividend date is August 19, 2013). The dividend is
equivalent to an annual rate of $1.24 per share.

Dividends have been paid continuously since 1901. At the indicated annual
dividend rate and the closing share price on August 6, 2013 of $26.48, HEI's
yield was 4.7%.

HEI intends to continue to use its website, www.hei.com, as a means of
disclosing material information, as well as other important information. Such
disclosures will be included on HEI's website in the Investor Relations
section. Accordingly, investors should routinely monitor such portions of
HEI's website, in addition to following HEI, Hawaiian Electric Company, Inc.
(HECO) and American Savings Bank, F.S.B. (American) press releases, HEI's and
HECO's Securities and Exchange Commission (SEC) filings and HEI's public
conference calls and webcasts. Also, at the Investor Relations section of
HEI's website, investors may sign up to receive e-mail alerts (based on each
investor's selected preferences). The information on HEI's website is not
incorporated by reference in this document or in HEI's and HECO's SEC filings
unless, and except to the extent, specifically incorporated by reference.
Investors may also wish to refer to the Public Utilities Commission of the
State of Hawaii (PUC) website at dms.puc.hawaii.gov/dmsin order to review
documents filed with, and issued by, the PUC. No information on the PUC
website is incorporated by reference in this document or in HEI's and HECO's
SEC filings.

HEI supplies power to approximately 450,000 customers or 95% of Hawaii's
population through its electric utilities, HECO, Hawaii Electric Light
Company, Inc. and Maui Electric Company, Limited and provides a wide array of
banking and other financial services to consumers and businesses through
American, one of Hawaii's largest financial institutions.

Contact: Shelee M.T. Kimura
         Manager, Investor Relations & Telephone: (808) 543-7384
         Strategic Planning            E-mail: skimura@hei.com

(Logo: http://photos.prnewswire.com/prnh/20110411/LA80136LOGO)

SOURCE Hawaiian Electric Industries, Inc.

Website: http://www.hei.com
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