Related Party Transactions and Outside Related Director Information

Central Pacific Financial Corp. (CPF)

3/20/2006 Proxy Information

The Company’s wholly-owned bank subsidiary, Central Pacific Bank (the “Bank”), from time to time makes loans to directors and executive officers of the Company, which loans are made in the ordinary course of the Bank’s business, are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons, and do not involve more than the normal risk of collectibility or present other unfavorable features. The Bank currently has outstanding individual and/or business loans to the following Company directors and/or their related business entities and to the Company’s executive officers: Directors - Richard Blangiardi, Christine Camp Friedman, Dennis Hirota, Clayton Honbo, Paul Kosasa, Colbert Matsumoto, Crystal Rose, Mike Sayama, and Maurice Yamasato; President Neal Kanda and Executive Vice President Denis Isono.

3/23/2005 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.