As probes minute maid ballpark of March minuite maid park recounts 31, 2009, KPE`s investment portfolio was substantiallycomprised of limited partner interests in six KKR private equity funds,co-investments in 13 companies alongside the private equity funds and threenegotiated equity investments. KPE is governed by its general partner`s board ofdirectors, which is required to have a majority of independent directors, andmakes its investments as the sole limited partner of another Guernsey limitedpartnership, KKR PEI Investments, L.P. The common units and related restricted depositary units of KPE are subject to anumber of ownership and transfer restrictions. Information concerning theseownership and transfer restrictions is included on the Investor Relationssection of KPE`s website at Forward-Looking StatementsThis release may contain certain forward-looking statements. Forward-lookingstatements relate to expectations, beliefs, projections, future plans andstrategies, anticipated events or trends and similar expressions concerningmatters that are not historical facts. The forward-looking statements are basedon KPE`s and KKR`s beliefs, assumptions and expectations of their futureperformance, taking into account all information currently available to them.These beliefs, assumptions and expectations can change as a result of manypossible events or factors, not all of which are known to KPE and KKR or arewithin their control. If a change occurs, KPE`s and KKR`s business, financialcondition, liquidity and results of operations may vary materially from thoseexpressed in the forward-looking statements.

The following factors, amongothers, could cause actual results to vary from the forward-looking statements:general volatility of the capital markets; changes in KPE`s and KKR`s businessstrategy; availability, terms and deployment of capital; availability ofqualified personnel and expense of recruiting and retaining such personnel;changes in the asset management industry, interest rates or the general economy;underperformance of KKR`s investments and decreased ability to raise funds;increased rates of default and/or decreased recovery rates on KPE`s investments;and the degree and nature of KPE`s and KKR`s competition minute maid seating . Neither KPE nor KKRundertakes any obligation to update any forward-looking statements to reflectcircumstances or events that occur after the date on which such statements weremade except as required by law minite maid park . In addition, KKR`s and KPE`s business strategyis focused on the long-term and financial results are subject to significantvolatility minutemaid park . Historically year-to-year results have varied dramatically and havenot been subject to reliable forecasting minute maid . Additional factors that could causeperformance, returns or results to differ materially from the forward-lookingstatements can be found in KKR`s Registration Statement on Form S-1/S-4 (fileno. 333-144335) filed with the Securities and Exchange Commission ("SEC"). Additional Information about the Transaction and Where to Find ItThis release is being made in respect of the proposed transaction involving KKRand KPE.

In connection with the proposed transaction, KKR has filed with the SECa Registration Statement on Form S-1/S-4 (file no minute maid stadium . 333-144335) and will befiling other documents regarding the proposed transaction with the SEC.INVESTORS AND SECURITY HOLDERS OF KPE ARE URGED TO READ THE REGISTRATIONSTATEMENT AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETYBECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.The final prospectus contained in the registration statement will be mailed orotherwise disseminated to the holders of KPE`s common units minuite maid park . Holders of KPE`scommon units will be able to obtain free copies of the final prospectus (whenavailable) and other documents filed with the SEC by KKR through the web sitemaintained by the SEC at Free copies of the final prospectus (whenavailable) and other documents filed with the SEC can also be obtained bydirecting a request to KKR, 9 W minite maid park . 57th Street, Suite 4200, New York, New York10019, Attention: Investor Relations .