HAWAIIAN ELEC INDUSTRIES

Ticker: HE CUSIP: 419870100 Class: COM

ANCHOR CAPITAL ADVISORS LLC's Holding History (CIK: 0000813933)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 41,613 Value ($000) $1,393 Avg Close $29.12 Range $26.04 - $35.00

Q3 2014

Shares 109,150 Value ($000) $2,898 Avg Close $24.82 Range $22.71 - $26.89

Q2 2014

Shares 110,857 Value ($000) $2,807 Avg Close $24.35 Range $23.04 - $25.65

Q1 2014

Shares 370,731 Value ($000) $9,424 Avg Close $25.56 Range $24.39 - $26.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	41,613	$1,393	$29.12	$26.04 - $35.00
Q3 2014	109,150	$2,898	$24.82	$22.71 - $26.89
Q2 2014	110,857	$2,807	$24.35	$23.04 - $25.65
Q1 2014	370,731	$9,424	$25.56	$24.39 - $26.80