Financial Release

HONOLULU--(BUSINESS WIRE)--July 16, 2003--Bank of Hawaii Corporation (NYSE: BOH) will hold its quarterly conference call to discuss second quarter financial results on Monday, July 28, 2003, at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time).

The call will be accessible via teleconference and via the investor relations link of Bank of Hawaii Corporation's web site, www.boh.com. The conference call number is (800) 915-4836 in the United States or (973) 317-5319 for international callers. A replay will be available for one week beginning at 4:00 p.m. Eastern Time on Monday, July 28, 2003 by calling (800) 428-6051 in the United States or (973) 709-2089 for international callers. Enter the number 273139 when prompted. A replay of the presentation will be also available on the Company's web site.

Founded in 1897, Bank of Hawaii is the largest independent financial institution in Hawaii. It is the primary subsidiary of Bank of Hawaii Corporation, a regional financial services company with assets of $9.4 billion at March 31, 2003. The company and its subsidiaries provide varied financial services to businesses, consumers and governments in Hawaii, the West Pacific and American Samoa.

Contact:
Bank of Hawaii Corporation
Cindy Wyrick (IR), 808-537-8430
Cwyrick@boh.com
or
Stafford Kiguchi (MR), 808-537-8580
Skiguchi@boh.com

Source:
Bank of Hawaii Corporation