SAN FRANCISCO, Nov. 1 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) announced today that it plans to release financial results for the third quarter 2007 following the close of trading on the New York Stock Exchange on Wednesday, November 7, 2007. The company will host a conference call and audio web cast to discuss the financial results on Thursday, November 8, 2007 at 11:00 am New York time. The conference call may be accessed by dialing (888) 713-3591 (Domestic) or (913) 312-0828 (International); a pass code is not required. The replay will be available through Thursday, November 22, 2007 by dialing (888) 203-1112 (Domestic) and (719) 457-0820 (International) / pass code 4632707. A live audio web cast of the call will be accessible on the Company's website, http://www.kkrkfn.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 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 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 Holdings LLC Web site: http://www.kkrkfn.com/

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