Analyst Coverage

Firm Analyst
Ardour Capital   Adam Krop
Cowen & Co.   Robert W. Stone
Piper Jaffray   Jesse W. Pichel

Hoku Corporation is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Hoku Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Hoku Corporation or its management. Hoku Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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