Hawaiian Telcom to File Change of Venue Motion to Move Case to Hawaii

HONOLULU--(BUSINESS WIRE)--Hawaiian Telcom Communications, Inc. announced today that on Monday, December 15, 2008 it will file a motion to approve a stipulation with the State of Hawaii transferring its Chapter 11 cases from the U.S. Bankruptcy Court for the District of Delaware in Wilmington to the U.S. Bankruptcy Court for the District of Hawaii in Honolulu.

The Company initially filed its case in Delaware as Hawaiian Telcom is incorporated under Delaware law and additionally the Court is in close proximity to the Company’s advisors involved in the case which would assist in mitigating costs to the Company.

Following discussions with various constituents, Hawaiian Telcom determined that it is appropriate to move the Chapter 11 cases to the local bankruptcy court. The Company considers that the move will be a positive step in the restructuring process.

Hawaiian Telcom anticipates that the hearing on the motion to approve the stipulation will be scheduled for December 23, in Wilmington, Delaware.

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”, “expects”, 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 annual report on Form 10-K for the fiscal year ended December 31, 2007 and its current report on Form 8-K dated November 3, 2008. It is anticipated that subsequent events and developments will cause estimates to change.

About Hawaiian Telcom

Hawaiian Telcom is the state’s leading telecommunications provider, offering a wide spectrum of telecommunications products and services, which include local and long distance service, managed services, high-speed Internet, and wireless services.