Lavena Holding 1 GmbH sells final share package of 36.3 million shares of ProSiebenSat.1 Media AG

Munich (ots) - Kohlberg Kravis Roberts & Co. L.P. (together with
its affiliates, "KKR") and funds advised by Permira ("Permira Funds")
announce that Lavena Holding 1 GmbH ("LH1"), the holding company held
jointly by KKR and the Permira Funds, is intending to sell in the
market a total of 36.3 million shares of ProSiebenSat.1 Media AG
("ProSiebenSat.1"), by way of an accelerated book building to
institutional investors. The share sale is the logical final exit
step of the former majority shareholders who had started their
investment in the media company in December 2006. Following the
transaction, KKR and Permira Funds will have no further stakes in
ProSiebenSat.1.

Johannes Huth, head of KKR in Europe and chairman of the
ProSiebenSat.1 supervisory board, said: "ProSiebenSat.1 is a success
story. The company has developed extremely well, there is an
excellent management team in place and the growth potential is
exciting."

Dr. Jörg Rockenhäuser, head of Permira in Germany and member of
ProSiebenSat.1's supervisory board said: "ProSiebenSat.1's
performance speaks for itself. The company has significantly
increased its EBITDA over the past seven years and also repositioned
itself as a digital powerhouse under the leadership of CEO Thomas
Ebeling. As a result ProSiebenSat.1 is a leading media group in
Europe today and well positioned to capture future growth
opportunities in the digital age." This final sale of the sponsors
will further strengthen ProSiebenSat.1's liquidity and therewith
enhance its German MDAX index weighting. Book building will start
immediately. This press release does not constitute an offer to sell,
and the sale of ProSiebenSat.1's shares by LH1 does not constitute a
public offering.

Disclaimer

Some of the information in this press release may contain
predictions, expectations or forward-looking statements. These
statements may entail known or unknown risks or uncertainties. Actual
results and developments may therefore differ materially from the
expressed expectations and assumptions. The performance of financial
markets, the development of exchange rates, amendments to national
and international laws, in particular concerning tax regulations, may
also have an impact. Except as provided by law, KKR, the Permira
Funds and the Lavena Group, undertake no obligation to update
forward-looking statements. The preference shares will not be or have
not been registered under the U.S. Securities Act of 1933, as amended
(the "Securities Act") and may not be offered or sold in the United
States absent registration or an applicable exemption from the
registration requirements of the Securities Act.

About KKR

Founded in 1976 and led by Henry Kravis and George Roberts, KKR is
a leading global investment firm with $90.2 billion in assets under
management as of September 30, 2013. 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 Permira

Permira is a private equity firm with a European heritage and a
global reach. The firm advises funds with a total committed capital
of approximately EUR22 billion. The Permira funds, raised from
pension funds and other institutions, make long-term investments in
companies with the ambition of transforming their performance and
driving sustainable growth. The firm's teams are based in Frankfurt,
Guernsey, Hong Kong, London, Luxembourg, Madrid, Menlo Park, Milan,
New York, Paris, Stockholm and Tokyo. They specialise in five key
sectors of activity: Consumer, Financial Services, Healthcare,
Industrials and TMT. The Permira Funds have made over 200 private
equity investments since 1985 and are currently invested in 24
companies. For more information visit: www.permira.com

Contact:
Permira:
Ulrich Porwollik: +49 171 22 39 876
Noémie de Andia: +44 207 632 1159
KKR:
Anna Sperber: +49 69 9218 7478