HAWAIIAN ELEC INDUSTRIES

Ticker: HE CUSIP: 419870100 Class: COM

PARADIGM ASSET MANAGEMENT CO LLC's Holding History (CIK: 0001034549)

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

Q1 2014

Shares 13,350 Value ($000) $339,357 Avg Close $25.56 Range $24.39 - $26.80

Q4 2013

Shares 13,350 Value ($000) $347,901 Avg Close $25.86 Range $24.51 - $27.15

Q3 2013

Shares 13,350 Value ($000) $335,085 Avg Close $25.72 Range $24.12 - $27.24

Q2 2013

Shares 11,850 Value ($000) $299,923 Avg Close $26.62 Range $23.84 - $28.30

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	13,350	$339,357	$25.56	$24.39 - $26.80
Q4 2013	13,350	$347,901	$25.86	$24.51 - $27.15
Q3 2013	13,350	$335,085	$25.72	$24.12 - $27.24
Q2 2013	11,850	$299,923	$26.62	$23.84 - $28.30