KFN Kkr Financial Holdings Llc

SAN FRANCISCO, July 27 /PRNewswire-FirstCall/ -- KKR Financial Corp. (NYSE:KFN) announced today that it plans to release financial results for the second quarter 2006 following the close of trading on the New York Stock Exchange on Wednesday, August 2, 2006. The company will host a conference call and audio web cast to discuss the results on Thursday, August 3, 2006 at 8:00 am (EDT). The conference call may be accessed by dialing 800-665-0430 (Domestic) or 913-312-1300 (International); a pass code is not required. The replay will be available at 11:00 am (EDT) through Thursday, August 17, 2006 by dialing 888-203-1112 (Domestic) and 719-457-0820 (International) / pass code 9454137. A live audio web cast of the call will be accessible on the company's website, http://www.kkrfinancial.com/ , via a link from the Investor Relations section. A replay of the audio web cast will be archived in the Investor Relations section of the company's website. KKR Financial Corp. is a specialty finance company that invests in multiple asset classes and uses leverage to generate competitive leveraged risk-adjusted returns. KKR Financial Corp. currently makes investments in the following asset classes: (i) residential mortgage loans and mortgage-backed securities; (ii) corporate loans and debt securities; (iii) commercial real estate loans and debt securities; (iv) asset-backed securities; and (v) marketable and non-marketable equity securities. KKR Financial Corp. also makes opportunistic investments in other asset classes from time to time. KKR Financial Corp. was organized as a Maryland corporation on July 7, 2004, and commenced operations on August 12, 2004. KKR Financial Corp. is structured as a real estate investment trust and KKR Financial Advisors LLC manages KKR Financial Corp. pursuant to a management agreement. KKR Financial Corp. and KKR Financial Advisors LLC are affiliates of Kohlberg Kravis Roberts & Co. L.P. For more information about KKR Financial Corp. or a copy of this press release visit its website at http://www.kkrfinancial.com/ . Investors: Laurie Poggi KKR Financial (415) 315-3718 Media: Roanne Kulakoff/Joseph Kuo/Molly Morse Kekst and Company (212) 521-4837/4863/4826 DATASOURCE: KKR Financial Corp. CONTACT: investors, Laurie Poggi of KKR Financial, +1-415-315-3718, for KKR; or media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo, +1-212-521-4863, or Molly Morse of Kekst and Company, +1-212-521-4826, for KKR Web site: http://www.kkrfinancial.com/

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