KKR's Green Portfolio Program Achieves Three Major Milestones in Its Fourth Year

  KKR's Green Portfolio Program Achieves Three Major Milestones in Its Fourth
  Year

   Participating Private Equity Portfolio Companies Achieve More Than $644
Million in Financial Impact and Avoid More Than One Million GHG Emissions and
                    13.2 Million Cubic Liters of Water Use

   KKR to Launch Green Portfolio Handbook Highlighting Eco-Efficiency Best
                                  Practices

Business Wire

NEW YORK -- December 17, 2012

KKR announced the fourth year of results from its Green Portfolio Program
(GPP) today. Launched in 2008 with Environmental Defense Fund (EDF), the GPP
comprises 24 enrolled KKR private equity portfolio companies focused on
improving their environmental and business performance around the world.
Through efforts in energy and water efficiency, better waste handling, and
operational improvements, the reporting portfolio companies achieved
approximately$644 millionin combined financial impact and avoided more than
1.2 million metric tons of greenhouse gas emissions, 3.4 million tons of
waste, and 13.2 million cubic liters of water use, cumulatively from 2008
through 2011.

"Nearly five years since we started on this journey with EDF and our portfolio
companies, our results continue to demonstrate the significant environmental
and financial benefits of our program’s efforts,” said George Roberts,
Co-Founder and Co-Chief Executive Officer of KKR. “However, the results also
show us the enormous opportunities that remain to continue to improve
operations and enhance the companies in which we invest. Our commitment to
partnering with our portfolio companies on environmental sustainability
remains strong.”

The Green Portfolio Program was designed to encourage innovation, reduce
environmental impacts, and improve the financial bottom line of KKR’s
participating private equity portfolio companies. The program began with just
three portfolio companies. During the last four years, the GPP has grown to
encompass 24 of KKR’s portfolio companies globally, including the addition of
eight new companies in 2012: Del Monte Foods and Capsugel in the U.S.; TDC A/S
in Denmark; Versatel and KION Group in Germany; Bharti Infratel and Dalmia
Bharat Cement in India; and MMI in Singapore. TDC, Van Gansewinkel, and Visant
are reporting results for the first time. The remaining new companies are
expected to report results for the first time in 2013.

"Moving forward, in addition to working intensively with GPP participants, we
will focus on sharing our findings and best practices across the entire KKR
portfolio,” said Ken Mehlman, Head of Global Public Affairs and a Member of
KKR. “We are proud of our progress to date and believe this is the next step
in scaling the program to create an even-larger opportunity for positive
impact in our portfolio and beyond."

In early 2013, KKR will launch its “Green Portfolio Program Best Practices
Handbook,” a collection of operational best practices to improve environmental
and business performance that will be made available to all KKR portfolio
companies. The GPP Handbook will provide numerous improvement opportunities
and operational models for a range of key environmental performance areas, and
is intended to be a resource for portfolio companies at all stages of planning
and implementation.

"Institutional investor expectations for environmental performance at private
equity firms are on the rise,” said Gwen Ruta, Vice President of Environmental
Defense Fund. "KKR's Green Portfolio program continues to prove what’s
possible when environmental management is prioritized by leadership, embedded
in management systems, and integrated throughout the investment process.”

The Green Portfolio Program is part of a broader effort at KKR to create
sustainable long-term value by addressing environmental, social and governance
("ESG") issues in its private equity investments. In 2009 KKR became a
signatory of the globally recognized voluntary framework of the United
Nations-backed Principles for Responsible Investment. KKR also has built a
network of external partners, including Business for Social Responsibility,
Transparency International, American Heart Association, and CSR Europe. These
organizations provide insight that allows KKR and its portfolio companies to
understand and proactively address various ESG issues. More information on
these efforts is included in KKR's second sustainability report, available at
www.kkr2011esg.com.

To learn more about KKR’s Green Portfolio Program and the participating
companies, please visit www.green.kkr.com.

About KKR

Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading
global investment firm with $66.3 billion in assets under management as of
September 30, 2012. With offices around the world, KKR manages assets through
a variety of investment funds and accounts covering multiple asset classes.
KKR seeks to create value by bringing operational expertise to its portfolio
companies and through active oversight and monitoring of its investments. KKR
complements its investment expertise and strengthens interactions with
investors through its client relationships, capital markets and global
stakeholder relations platform. KKR & Co. L.P. is publicly traded on the New
York Stock Exchange (NYSE: KKR), and references to KKR in this release include
its subsidiaries, their managed investment funds and accounts, and/or their
affiliated investment vehicles, as appropriate. For additional information,
please visit KKR’s website at www.kkr.com.

Contact:

KKR
Ali Hartman, 212-519-1638
Ali.Hartman@kkr.com