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The Honolulu Advertiser

Updated at 11:10 a.m., Thursday, June 21, 2007

Hoku removed from Russell indexes, Barnwell added

Advertiser Staff

Kapolei-headquartered Hoku Scientific Inc. was recently removed from Russell's U.S. equity indexes while Honolulu-based Barnwell Industries Inc. was added.

Russell's index changes are followed closely by many investors.

Energy company Hoku has a market capitalization of $158 million while oil company Barnwell has a market value of $164 million.

Russell's index lists are posted at http://www.russell.com/Indexes.