ABOUT KKRFounded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $75.5 billion in assets under management as of December 31, 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 fund investors through its client relationships and capital markets platform. KKR & Co. L.P. is publicly traded on the New York Stock Exchange (NYSE: KKR), and "KKR," as used in this release, includes 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. ABOUT RED LEGACY Fired from the same single-minded drive that powered RED Development for more than 16 years, RED Legacy delivers shopping centers focused on rent growth and providing a unique customer experience. The newly created RED Legacy focuses on suburban and infill redevelopment opportunities. Under RED co-founder, Dan Lowe, RED Legacy engages in value-add projects with strong returns. Please visit www.redlegacy.com for more information. ABOUT LEGENDS OUTLETS KANSAS CITY Located in the heart of Village West at the intersection of Interstate 435 and Parallel Parkway just north of Interstate 70 in Kansas City, Kan., Legends Outlets Kansas City is home to nearly 100 leading designer and favorite brand name stores including Saks Fifth Avenue OFF 5TH, Banana Republic Factory Store, Gap Outlet, J.Crew | crewcuts, Nike Factory Store, Polo Ralph Lauren Factory Store, Tommy Hilfiger and Under Armour, among many more, which offer savings of up to 65 percent off regular retail prices. Also featuring a wide array of restaurant and entertainment venues, Legends Outlets Kansas City is the first collaboration between KKR, a leading global investment firm, and operating partner RED Legacy, a Kansas City-headquartered development company. Legends Outlets Kansas City is open Monday through Saturday 10 a.m. to 9 p.m. and Sunday 11 a.m. to 6 p.m. with some venues open extended hours. Please visit www.legendsshopping.com for a complete merchant directory, sale and event information and driving directions.