SAN FRANCISCO, April 25 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) (the "Company") announced today that it plans to release financial results for the first quarter 2008 following the close of trading on the New York Stock Exchange on Thursday, May 1, 2008. The Company will host a conference call and audio web cast to discuss the financial results on Thursday, May 1, 2008 at 5:00 p.m. New York time. The conference call may be accessed by dialing (888) 631-3389 (Domestic) or (913) 312-1278 (International); a pass code is not required. The replay will be available through Thursday, May 15, 2008 by dialing (888) 203-1112 (Domestic) and (719) 457-0820 (International) / pass code 1979741. Supplemental materials that will be discussed during the call, as well as a live audio web cast 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 is a publicly owned specialty finance company that invests in multiple asset classes. KKR Financial Holdings LLC is externally managed by KKR Financial Advisors LLC, an affiliate of Kohlberg Kravis Roberts & Co. L.P. Additional information regarding KKR Financial Holdings LLC is available 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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