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    Central Pacific Financial Corp. to Present at KBW Seventh Annual Community Bank Investor Conference

    Company Release - 7/26/2006 9:17 PM ET

    HONOLULU, July 26 /PRNewswire-FirstCall/ -- Central Pacific Financial Corp. (NYSE: CPF) will be presenting at the upcoming Keefe Bruyette & Woods Community Bank Investor Conference to be held in New York, New York on August 1 and 2, 2006. Clint Arnoldus, President & CEO, and Dean Hirata, Vice Chairman & CFO are scheduled to present on Wednesday, August 2, 2006, at 2:00 p.m. EDT.

    Interested parties can access a "live" broadcast of the presentation by accessing http://www.kbw.com/news/conference_investor.html and registering with Keefe Bruyette & Woods.

    Central Pacific Financial Corp. is the fourth largest financial institution in Hawaii with more than $5.0 billion in assets. Central Pacific Bank, its primary subsidiary, operates 38 branch offices and more than 90 ATMs throughout Hawaii. For additional information, please visit our website at http://www.centralpacificbank.com.

    SOURCE Central Pacific Financial Corp.