CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2011

May 18, 2011

SEC Form 4/A — Form 4/A

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2010-12-01

Reporting Person: Ngo Agnes Catherine (EVP and CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-01	Common Stock	J	63771	$1.42	Acquired	63771	Indirect
2011-05-04	Common Stock	M	4170	$10.00	Acquired	4170	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-04	Subscription Rights (right to buy)	$10.00	J	4170	Disposed	2011-05-06	Common Stock (4171)	Indirect
2011-05-04	Subscription Rights (right to buy)	$10.00	J	4170	Acquired	2011-05-06	Common Stock (4171)	Indirect
2011-05-04	Subscription Rights (right to buy)	$10.00	M	4170	Disposed	2011-05-06	Common Stock (4171)	Indirect

Footnotes

F1: On 12/20/10 John Dean gifted shares to SCV Management Co. LLC. Catherine Ngo has voting rights over these shares.

F2: SCV Management Co. LLC transferred its rights to SCV, LP.

F3: Number of shares corrected to 4,170 due to rounding difference.

F4: Number of shares corrected to 4,170 due to rounding difference.

F5: Represents pre-RSS shares. Post RSS shares = 3,188 shs.