Top 250 rankings 2005.

  RANK        COMPANY
              LINE OF BUSINESS
'05    '04
              PARENT COMPANY DBAs, SUBSIDIARIES OR DIVISIONS

1        1    BancWest Corp.
              Financial services.
              www.bancwestcorp.com

              BNP Paribas (France) First Hawaiian Bank (61 branches),
              Bank of the West (480 branches).
2        2    Hawaiian Electric Industries Inc.
              Energy services and financial services.
              www.hei.com

              Hawaiian Electric Co. (HECO), Hawaii Electric Light Co.
              (HELCO), Maui Electric Co. (MECO), American Savings
              Bank (ASB).
3        3    Hawaii Medical Service Association (HMSA)
              Health insurance and employee-benefit services.
              www.hmsa.com

              Integrated Services Inc., Benefit Services of Hawaii Inc.
4        4    Alexander & Baldwin Inc.
              Ocean transportation; real estate; and food products.
              www.alexanderbaldwin.com

              Matson Navigation Co. Inc., A&B Properties Inc., Hawaiian
              Commercial & Sugar Co. (HC&S) (div. of A&B), Kauai Coffee
              Co. Inc., Kahului Trucking & Storage Inc. and Kauai
              Commercial Co. Inc., Matson Intermodal System Inc.
5        5    University of Hawaii System
              Higher education and research.
              www.hawaii.edu
6       10    Kamehameha Schools
              Private, non-profit charitable educational trust.
              www.ksbe.edu

              Bishop Holdings, Kamehameha Investment Corp., Pauahi
              Management Corp.
7        6    Kaiser Permanente Medical Care Program
              Non-profit health maintenance organization (HMO);
              health plan and medical care.
              www.kaiserpermanente.org/hawaii

              Kaiser Permanente Medical Care Program (CA) Kaiser
              Foundation Hospitals Inc., Kaiser Foundation Health Plan
              Inc., Hawaii Permanente Medical Group Inc.
8        7    Hawaiian Airlines Inc.
              Commercial airline operations.
              www.hawaiianairlines.com

              Hawaiian Holdings Inc.
9        8    Bank of Hawaii Corp. (5)
              Bank holding company.
              www.boh.com

              Bank of Hawaii, Bank of Hawaii