SAN FRANCISCO, May 16 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) announced today that Saturnino S. Fanlo, Chief Executive Officer, and David A. Netjes, Chief Operating Officer, will make a presentation at The Sixth Annual JMP Securities Research Conference in San Francisco, California. The presentation is scheduled to begin at 11:00 a.m. (PST) on Wednesday, May 23, 2007. The company's presentation will be broadcast live via audio-webcast and may be accessed through http://www.wsw.com/webcast/jmp4/kfn/. The audio- webcast and company's presentation materials will also be available in the Investor Relations section of the company's website at http://www.kkrkfn.com/. The webcast will be available for replay through August 21, 2007. KKR Financial Holdings LLC is a specialty finance company that invests in multiple asset classes. KKR Financial Holdings LLC is externally managed by KKR Financial Advisors LLC. KKR Financial Holdings LLC and KKR Financial Advisors LLC are affiliates of Kohlberg Kravis Roberts & Co. L.P. Additional information on KKR Financial Holdings LLC is available on the company's website at http://www.kkrkfn.com/. CONTACT: Investors Media Laurie L. Poggi Roanne Kulakoff / Joseph Kuo KKR Financial Kekst and Company (415) 315-3718 (212) 521-4837/4863 DATASOURCE: KKR Financial Holdings LLC CONTACT: investors, Laurie L. Poggi of KKR Financial, +1-415-315-3718, or media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo, +1-212-521-4863, both of Kekst and Company, for KKR Financial Web site: http://www.kkrfn.com/

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