KKR Financial Holdings LLC to Announce Year-End and Fourth Quarter 2009 Results

SAN FRANCISCO, Feb. 19 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC announced today that it plans to release financial results for the fourth quarter and full year ended December 31, 2009 on Monday, March 1, 2010 following the close of trading on the New York Stock Exchange.

A conference call to discuss the financial results will also be hosted on Monday, March 1, 2010 at 5:00 PM EST. The conference call may be accessed by dialing [phone] (Domestic) or [phone] (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 [phone] (Domestic) and [phone] (International) / pass code 7428799, beginning approximately two hours after the event.

About KKR Financial Holdings LLC

KKR Financial Holdings LLC is a specialty finance company with expertise in a range of asset classes. KFN's core business strategy is to leverage the proprietary resources of its manager with the objective of generating both current income and capital appreciation. KFN 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. KFN executes its core business strategy through majority-owned subsidiaries. Additional information regarding KFN is available at http://www.kkr.com/.

Investor Relations Contact: Laurie Poggi Kohlberg Kravis Roberts & Co. Tel: [phone] [e-mail] Media Relations Contacts: Peter McKillop or Kristi Huller Kohlberg Kravis Roberts & Co. Tel: + 1 [phone] [e-mail]

KKR Financial Holdings LLC

CONTACT: Investor Relations, Laurie Poggi, [phone],
[e-mail], or Media Relations, Peter McKillop, or Kristi
Huller, [phone], [e-mail], all of Kohlberg Kravis Roberts & Co.

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