KKR Announces Appointment of Shusaku Minoda as Co-Chief Executive Officer of Japan Operations

Kohlberg Kravis Roberts & Co. (KKR) announced today that it has
appointed Mr. Shusaku Minoda as a Managing Director of KKR and
Co-Chief Executive Officer of the Firm's Japan operations. Prior to
joining KKR, Mr. Minoda was the Managing Executive Officer in charge
of the Global Investment Banking Group at Mizuho Corporate Bank. Mr.
Minoda will join KKR from July 1, 2007.

Henry R. Kravis, Founding Partner of KKR, said, "We are delighted
that Shusaku will be joining KKR. He is widely recognized as an
influential and pioneering figure within the Japanese investment
banking community and will add significant experience and expertise to
our existing team in Japan."

Joseph Y. Bae, a Member of KKR, who leads the Firm's business in
Asia, said, "Shusaku's considerable experience at a leading Japanese
financial organization complements the strong operational background
of Taketo Yamakawa. With the addition of Shusaku, we have an extremely
strong management lineup in place in Japan to further grow our
operations in the market."

Taketo Yamakawa, Chief Executive Officer of KKR's Japan
operations, added, "I look forward to partnering with Shusaku to
identify opportunities in the Japanese market and to build friendly,
long-term relations with management teams to create value."

Shusaku Minoda added, "I am delighted to be joining KKR. Over the
past 30 years at Mizuho, I have built my career working closely with
Japanese companies to help them grow their businesses and accomplish
their strategic objectives. KKR shares this same philosophy of working
in partnership with management. I look forward to drawing on the full
resources of KKR's global organization to provide Japanese corporate
management with not only capital but also hands-on operational advice
as they strive to enhance corporate value."

In addition to being Managing Executive Officer responsible for
Mizuho Corporate Bank's Global Investment Banking Group, Mr. Minoda
was also a member of the Bank's Management Committee since 2004.
Previously he was the Chief Compliance Officer of Mizuho Corporate
Bank from 2004 to 2006. After graduating from Hitotsubashi University,
Mr. Minoda joined the Industrial Bank of Japan (IBJ) (which later
merged to form Mizuho Bank), and spent time in both the New York and
London offices before being appointed the General Manager of the
Syndicated Finance Department at Mizuho Corporate Bank in 1998.

About KKR

Kohlberg Kravis Roberts & Co. (KKR) is one of the world's oldest
and most experienced private equity firms specializing in management
buyouts. Founded in 1976, it has offices in New York, Menlo Park,
London, Paris, Hong Kong and Tokyo. Throughout its history, KKR has
brought a long-term investment approach to its portfolio companies,
focusing on working in partnership with management teams and investing
for future competitiveness and growth. Over the past 30 years, KKR has
completed over 150 transactions with a total value of over USD 279
billion. For more information, please visit www.kkr.com.