Investor Relations Contact:
Brian Tanner, Hawaiian Telcom                         
(808) 546-3442
brian.tanner@hawaiiantel.com
Media Contact:
Scott Simon, Hawaiian Telcom
(808) 546-5466
scott.simon@hawaiiantel.com

For Immediate Release

Hawaiian Telcom Announces Addition to the MSCI Small Cap Index

HONOLULU (Monday, June 3, 2013) -- Hawaiian Telcom Holdco, Inc. (NASDAQ: HCOM), Hawaii's leading provider of integrated communications solutions for business and residential customers, today announced that it has been added to the MSCI US Small Cap 1750 Index effective as of the close of the markets on Friday, May 31, 2013, as part of MSCI Inc.'s semi-annual index review.

"We are excited to join the MSCI family of indices," said Eric K. Yeaman, Hawaiian Telcom's president and CEO.  "We believe that membership in the MSCI indices will increase our exposure to the broader institutional investment community, help further expand our shareholder base, and contribute in our efforts to enhance shareholder value," Yeaman added.

MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include portfolio risk and performance analytics, governance tools, and the MSCI indices, which are estimated to have close to USD 7 trillion benchmarked to them.  

About Hawaiian Telcom

Hawaiian Telcom Holdco, Inc. (NASDAQ: HCOM), headquartered in Honolulu, is Hawaii's leading provider of integrated communications solutions for business and residential customers. With roots in Hawaii beginning in 1883, the Company offers a full range of services including voice, video, Internet, data, wireless, and advanced communication and network services supported by the reach and reliability of its network and Hawaii's only 24/7 state-of-the-art network operations center. With employees statewide sharing a commitment to innovation and a passion for delivering superior service, Hawaiian Telcom provides an Always OnSM customer experience.  For more information, visit www.hawaiiantel.com.

Forward-Looking Statements

In addition to historical information, this release includes certain statements and predictions that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  In particular, any statement, projection or estimate that includes or references the words "believes", "anticipates", "intends", "expected", or any similar expression falls within the safe harbor of forward-looking statements contained in the Reform Act.  Actual results or outcomes may differ materially from those indicated or suggested by any such forward-looking statement for a variety of reasons, including, but not limited to, Hawaiian Telcom's ability to maintain its market position in communications services, including wireless, wireline and Internet services; general economic trends affecting the purchase or supply of communication services; world and national events that may affect the ability to provide services; changes in the regulatory environment; any rulings, orders or decrees that may be issued by any court or arbitrator; restrictions imposed under various credit facilities and debt instruments; work stoppages caused by labor disputes; adjustments resulting from year-end audit procedures; and Hawaiian Telcom's ability to develop and launch new products and services. More information on potential risks and uncertainties is available in recent filings with the Securities and Exchange Commission, including Hawaiian Telcom's 2012 Annual Report on Form 10-K. The information contained in this release is as of June 3, 2013. It is anticipated that subsequent events and developments may cause estimates to change.

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This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Hawaiian Telcom Holdco, Inc via Thomson Reuters ONE

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