SAN FRANCISCO, Sept. 9 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) (the "Company") announced today that Saturnino S. Fanlo, Chief Executive Officer, will present at the Bank of America 38th Annual Investment Conference in San Francisco on Monday, September 15, 2008. The presentation is scheduled to begin at noon, New York time. The presentation will be broadcast live via audio-webcast. The audio-webcast and presentation materials may be accessed in the Investor Relations section of the Company's website at http://www.kkrkfn.com/. The webcast will be available for replay through October 3, 2008. 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, a wholly-owned subsidiary of Kohlberg Kravis Roberts & Co. (Fixed Income) LLC, which is a wholly-owned subsidiary of Kohlberg Kravis Roberts & Co. L.P., a leading global alternative asset manager. 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 Fixed Income Kekst and Company (415) 315-3718 (212) 521-4837/4863 DATASOURCE: KKR Financial Holdings LLC CONTACT: Investors, Laurie L. Poggi of KKR Fixed Income, +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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