SAN FRANCISCO, May 2 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) ("the Company") announced today that David A. Netjes, Chief Operating Officer, will make a presentation at the KBW Diversified Financials Conference in New York, NY on Thursday, June 5, 2008. The presentation is scheduled to begin at 10:25 a.m. New York time. The live audio-webcast and Company's presentation materials will be accessible on the Company's website, http://www.kkrkfn.com/, via a link from the Investor Relations section. The webcast will be available for replay for 180 days following the presentation. 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 on KKR Financial Holdings LLC is available 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 or Joseph Kuo of Kekst and Company, +1-212-521-4837|4863, for KKR Financial Holdings LLC Web site: http://www.kkrkfn.com/

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