KFN Kkr Financial Holdings Llc

SAN FRANCISCO, Nov. 1 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) announced today that its Board of Directors has declared a cash distribution for the quarter ended September 30, 2007 of $0.50 per common share. The cash distribution will be payable on November 29, 2007 to shareholders of record as of the close of business on November 15, 2007. KKR Financial Holdings LLC (the "Company") is a specialty finance company that 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 regarding KKR Financial Holdings LLC is available on the Company's website at http://www.kkrkfn.com/. CONTACT: Investors Laurie L. Poggi KKR Financial 415-315-3718 Media Roanne Kulakoff/Joseph Kuo Kekst and Company 212-521-4837/4863 DATASOURCE: KKR Financial Holdings LLC CONTACT: Investors, Laurie L. Poggi, KKR Financial, +1-415-315-3718; Media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo, +1-212-521-4863, both of Kekst and Company, for KKR Financial Holdings LLC Web site: http://www.kkrkfn.com/

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