KFN Kkr Financial Holdings Llc

SAN FRANCISCO, Nov. 22 /PRNewswire-FirstCall/ -- KKR Financial Corp. (NYSE:KFN) announced today that Saturnino S. Fanlo, Chief Executive Officer, and David A. Netjes, Chief Operating Officer, will make a presentation at the Friedman, Billings, Ramsey & Co., Inc. 2006 Investor Conference in New York City. The presentation is scheduled to begin at 12:30 p.m. (EST) on Wednesday, November 29, 2006 and will be followed by a question and answer session. The Company's presentation will be broadcast live via audio-webcast and may be accessed through http://www.wsw.com/webcast/fbr16/kfn/ . The Company's presentation materials will also be available in the Investor Relations section of the Company's website at http://www.kkrfinancial.com/ir and will be posted the same day of the presentation and available through January 29, 2007. 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 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/. Contact: Investors, Laurie Poggi of KKR Financial, +1-415-315-3718; or Media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo, +1-212-521-4863, or Molly Morse, +1-212-521-4826, all of Kekst and Company. DATASOURCE: KKR Financial Corp. CONTACT: Investors, Laurie Poggi of KKR Financial, +1-415-315-3718; or Media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo, +1-212-521-4863, or Molly Morse, +1-212-521-4826, all of Kekst and Company Web site: http://www.kkrfinancial.com/

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