Glenn Ching '89: Central Pacific Bank Recognizes Glenn Ching For Outstanding Contributions

March 22, 2011

Catherine Ngo, Glenn Ching, John Dean

HONOLULU, HI March 22, 2011 – Central Pacific Bank has recognized its Senior Vice President and General Counsel and Corporate Secretary, Glenn Ching for his outstanding contributions to the bank during its recent $325 million capital raise. Ching was recognized for playing a key role in the bank’s successful completion of its capital raise, and for helping to guide the company through challenging times over the last several years.

“Glenn’s actions are one of the main reasons for our successful completion of critical tasks that were required of our recapitalization efforts for the bank,” said John Dean, Executive Chairman for Central Pacific Bank.

Ching has been with Central Pacific Bank since 2002 and is a 1989 graduate of the William S. Richardson School of Law at the University of Hawaii at Manoa.

About Central Pacific Bank
Central Pacific Bank is the primary subsidiary of Central Pacific Financial Corp. (NYSE: CPF), a Hawaii-based bank holding company with $3.9 billion in assets. Central Pacific Bank
operates 34 branches, 120 ATMs, and a residential mortgage subsidiary in the state of Hawaii. For additional information, please visit the Company’s website at