Central Pacific Financial Corp.
Power of Attorney

(To execute Forms 3, 4 and 5 of the United States Securities and Exchange
Commission for the purposes of reporting pursuant to and under Section 16(a)
of the Securities and Exchange Act of 1934 and related Rule 16a-3 and other
related Rules and Regulations of the United States Securities and Exchange
Commission.)

The undersigned hereby constitutes and appoints, effective as of the date
of the undersigned?s signature below, the Chief Executive Officer, the
President, the Chief Financial Officer, the General Counsel & Corporate
Secretary, the Assistant Controller, and Hollie A. Amano (executive
assistant to the Chief Financial Officer), of Central Pacific Financial
Corp., who may be appointed to and occupy such offices from time to
time, the undersigned?s true and lawful attorneys-in-fact to do the following:

A.	To execute for and on behalf of the undersigned, Forms 3, 4 and 5
of the United States Securities and Exchange Commission for the
purposes of reporting pursuant to and under Section 16(a) of the
Securities and Exchange Act of 1934 and related Rule 16a-3
and other related Rules and Regulations of the United State
Securities and Exchange Commission.

B.	To do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete the
execution of any such Form 3, 4 and 5 and the timely filing of any
such Form with the United States Securities and Exchange Commission
and any other authority.

C.	To take any other action of any type whatsoever in connection
with the foregoing which, in the opinion and/or judgment of such
attorney-in-fact, may be of benefit to, in the best interest of, or legally
required by, the undersigned, it being understood the documents executed
by such attorney-in-fact on behalf of the undersigned pursuant to this
Power of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in his discretion.

D.	To do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and
powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, hereby ratifying and
confirming all that such attorney-in-fact shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted.

Each attorney-in-fact hereunder shall have full power and authority under
this Power of Attorney, and all acts authorized to be taken by the
attorneys-in-fact hereunder may be taken by any one attorney-in-fact.

The undersigned acknowledges that Central Pacific Financial Corp. and
the attorneys-in-fact who are serving hereunder for the benefit of the
undersigned, are not assuming any of the undersigned?s responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934 or any
other securities laws, rules or regulations that the undersigned is required
to comply with.

/s/ Richard J. Blangiardi				1/10/05

State of Hawaii
County of Honolulu

On January 10, 2005 before me personally appeared Richard J. Blangiardi,
to me known to be the person described in and who executed the foregoing
instrument and acknowledged that she/he executed the same as her/his free
act and deed.

/s/ Glenn K.C. Ching
Notary Public, State of Hawaii
Commission expires: 10/3/2007