SAN FRANCISCO, Oct. 28 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC announced today that it plans to release financial results for the third quarter ended September 30, 2009 on Thursday, November 5, 2009 following the close of trading on the New York Stock Exchange.

A conference call to discuss the financial results will be hosted on Thursday, November 5, 2009 at 5:00 pm Eastern Time. The conference call may be accessed by dialing (888) 487-0361 (Domestic) or +1 (719) 457-2636 (International); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the KFN Investor Relations section of the KKR website http://www.kkr.com/kam/kfn_investor_relations.cfm.

A replay of the live broadcast will be available on the KKR website or by dialing (888) 203-1112 (Domestic) and +1 (719) 457-0820 (International) / pass code 4996141, beginning approximately two hours after the event.

About KKR Financial Holdings LLC

KKR Financial Holdings LLC is a publicly traded specialty finance company that invests in multiple asset classes. KKR Financial Holdings LLC is externally managed by KKR Financial Advisors LLC, a wholly-owned subsidiary of Kohlberg Kravis Roberts & Co. (Fixed Income) LLC, which is a wholly-owned subsidiary of Kohlberg Kravis Roberts & Co. L.P. Additional information regarding KKR Financial Holdings LLC is available at http://www.kkr.com/.

Investor Relations Contact: Laurie Poggi Kohlberg Kravis Roberts & Co. Tel: +1 (415) 315-3718 investor-relations@kkr.com Media Relations Contacts: Peter McKillop or Kristi Huller Kohlberg Kravis Roberts & Co. Tel: +1 (212) 750-8300 media@kkr.com

KKR Financial Holdings LLC

CONTACT: Investor Relations, Laurie Poggi, +1-415-315-3718,
investor-relations@kkr.com, or Media Relations, Peter McKillop or Kristi
Huller, +1-212-750-8300, media@kkr.com, all of Kohlberg Kravis Roberts & Co.

Web Site: http://www.kkr.com/