in the Bond Buyer's Municipal Marketplace^®

HONOLULU July 17, 2012 – Alston Hunt Floyd & Ing (AHFI) has been ranked among the country's Top 100 Underwriter's Counsel: Long-Term Issues in the Bond Buyer's Municipal Marketplace^® Spring 2012 directory (the "Red Book"). The rankings are based on the principal amount of long-term issues with final maturities 13 months or longer for which the firm represented the underwriters of the bond sales. AHFI ranked 32nd nationally with a total of $1.587 billion from two issues in 2011: the State of Hawai'i $1.28 billion General Obligation Bond sale, and the State of Hawai'i Airports System's $300 million revenue bond refunding transaction.