“Malaysia is a key target market for KKR,” added Mr. Lu. “In our opinion it has differentiated demographics with a young and growing population, has its own natural resources, has a strong banking system with a relatively balanced economy, and strong opportunities for growth and productivity.”

KKR has a long track record of success in Southeast Asia, having invested nearly US$1.5 billion in companies based in this region since 2005. KKR’s investment in Weststar represents its first investment from the KKR Asian Fund II, the recently-closed US$6 billion fund dedicated to pan-Asian private equity transactions.

About Weststar Aviation Services Sdn Bhd:

Weststar Aviation Services Sdn Bhd, a Malaysian based company which provides offshore helicopter transportation services to the oil and gas industry, has already made its regional presence strongly felt, having become the largest provider for such services in South-East Asia. Our oil & gas clients include Petronas Carigali, Exxonmobil, Carigali Hess, CPOC, Talisman, Petrofac, Newfield, TOTAL, KPOC, Lundin, Schlumberger, HESS, Shell, Tullow Oil, Mubadala Petroleum, CGG Veritas and Conoco Philips. At present, Weststar Aviation Services own a fleet of Sikorsky and AgustaWestland helicopters used exclusively to provide offshore support services for multinational oil and gas companies.

About KKR:

Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with US$83.5 billion in assets under management as of June 30, 2013. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR has seven offices across Asia Pacific, with its Southeast Asia regional headquarters based in Singapore. It has invested nearly US$1.5 billion in the region, including in Indonesia, Malaysia, Singapore and Vietnam.

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.

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