KFN Kkr Financial Holdings Llc

SAN FRANCISCO, Sept. 25/PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFNNYSE:orNYSE:theNYSE:Company) announced today that it will host a conference call and audio web cast on Wednesday, September 26, 2007 at 9:00 AM Eastern Time. The call is being scheduled so that the Company's management team can provide investors with an update, and answer questions, regarding the Company's recently completed transactions including (i) $230.4 million common share offering, (ii) $270 million common share rights offering, and (iii) $191 million sale of private equity portfolio. The conference call may be accessed by dialing (888) 737-3699 (Domestic) or (913) 312-0978 (International); a pass code is not required. The replay will be available through October 10, 2007 by dialing (888) 203-1112 (Domestic) and (719) 457-0820 (International) / pass code 9659174. Supplemental material that will be discussed during the call, as well as the live audio web cast, will be accessible on the Company's website at http://www.kkrkfn.com/ in the Investor Relations section under the heading Webcasts & Events. A replay of the audio web cast will be archived in the Investor Relations section of the company's website. About KKR Financial Holdings LLC KKR Financial Holdings LLC is a specialty finance company that uses leverage with the objective of generating competitive risk-adjusted returns. The Company seeks to achieve its investment objective by investing in (i) corporate loans and debt securities, (ii) marketable equity securities, and (iii) non-marketable equity securities. The Company also makes opportunistic investments in other asset classes from time to time, including investments in residential and commercial mortgage loans and securities. KKR Financial Advisors LLC manages the Company pursuant to a management agreement. KKR Financial Holdings LLC and KKR Financial Advisors LLC are affiliates of Kohlberg Kravis Roberts & Co. L.P. Statements in this press release that are not strictly historical are "forward-looking" statements. Forward-looking statements involve known and unknown risks, which may cause the Company's actual future results to differ materially from expected results. These risks include, among others, general economic conditions, the availability, terms and deployment of capital to finance planned growth, risks associated with investing in mortgage-related assets, the Company's limited liability company and organization structure and the regulatory environment in which its business operates, as described in the Company's filings with the Securities and Exchange Commission. Consequently, such forward-looking statements should be regarded solely as reflections of the Company's current operating plans and estimates. Actual operating results may differ materially from what is expressed or forecast in this press release. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made. Investor Contact Laurie Poggi KKR Financial LLC 415-315-3718 Media Contact Roanne Kulakoff and Joseph Kuo Kekst and Company 212-521-4837 and 212-521-4863 DATASOURCE: KKR Financial Holdings LLC CONTACT: Investors, Laurie Poggi of KKR Financial LLC, +1-415-315-3718, or Media Contact, Roanne Kulakoff, +1-212-521-4837, and Joseph Kuo, +1-212-521-4863, both of Kekst and Company Web site: http://www.kkrkfn.com/

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