SAN FRANCISCO, April 22 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE:KFN) (the "Company" or "KFN" ) announced today that its 2009 Annual Meeting of Shareholders scheduled for Thursday, May 7, 2009, at 11:00 AM PT will be available via conference call (listen-only format) and may be accessed by dialing (877) 795-3647 (Domestic) or (719) 325-4751 (International). A pass code is not required for the conference call. The replay will be available through Thursday, May 21, 2009 by dialing (888) 203-1112 (Domestic) and (719) 457-0820 (International) / pass code 4981245. A live audio web cast of the call will be accessible via a link from the Investor Relations section of the Company's website at http://www.kkr.com/kam/kfn_webcasts_presentations_and_important_documents.cfm. A replay of the audio web cast will be archived in the Investor Relations section of the Company's website as well. The 2009 Annual Meeting of Shareholders will be held in the A.P. Giannini Auditorium, 555 California Street, San Francisco, California. Holders of record of common shares at the close of business on March 16, 2009 are entitled to attend and vote. About KKR Financial Holdings LLC KKR Financial Holdings LLC is a publicly traded 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. Additional information regarding KKR Financial Holdings LLC is available at http://www.kkr.com/. Investor and Media Contact Investor: Laurie L. Poggi KKR Asset Management (415) 315-3718 Media: Peter McKillop Kristi Huller 212-750-8300 DATASOURCE: KKR Financial Holdings LLC CONTACT: Investors, Laurie L. Poggi of KKR Asset Management, +1-415-315-3718, or Media, Peter McKillop or Kristi Huller, both for KKR Financial Holdings LLC, +1-212-750-8300, Web Site: http://www.kkr.com/

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