Expected amount of cash compensation for squeeze-out at WMF AG announced

Munich (ots) - Finedining Capital AG ("Finedining Capital"), a
holding company controlled by funds advised by KKR (together with
affiliates, "KKR"), today informed WMF AG ("WMF") about the intention
to set the cash compensation to be paid in the course of the
squeeze-out at EUR 58,37 for both ordinary and preference shares. A
company valuation of WMF by a neutral expert has served as the basis
for determining this cash compensation.

The execution and notarisation of the merger contract between WMF
and Finedining Capital are scheduled for 26 November 2014. The
required change of Finedining Capital GmbH's legal form into a stock
corporation ("Aktiengesellschaft") has been completed in the interim.
On that same day, the cash compensation shall be finally determined.
The court-appointed independent auditor will subsequently present its
report about the adequacy of the cash compensation. WMF's
extraordinary general meeting, which will be called to approve the
transfer of the shares held by minority shareholders, will presumably
take place on 20 January 2015 in Stuttgart, Germany.

Finedining Capital published a voluntary public tender offer for
all outstanding WMF preference shares on 14 July 2014. It was
successfully completed on 3 September 2014. With a shareholding of
about 92 percent of WMF's stated capital (excluding the treasury
shares held by WMF), Finedining Capital now holds a sufficient
percentage of shares to implement a merger-related squeeze-out and
the subsequent delisting of WMF from the stock exchange.

Additional information on the completed voluntary public tender
offer is available on www.finedining-offer.com. Information on the
merger-related squeeze-out will also be available on this website
soon.

###

KKR is a leading global investment firm that manages investments
across multiple asset classes including private equity, energy,
infrastructure, real estate, credit and hedge funds. KKR aims to
generate attractive investment returns by following a patient and
disciplined investment approach, employing world-class people, and
driving growth and value creation at the asset level. KKR invests its
own capital alongside its partners' capital and brings opportunities
to others through its capital markets business. References to KKR's
investments may include the activities of its sponsored funds. For
additional information about KKR & Co. L.P. (NYSE: KKR), please visit
KKR's website at www.kkr.com.

Disclaimer and Forward-Looking Statement

This release may contain forward-looking statements, including
such related to the public tender offer, the expected future business
of WMF AG, Finedining Capital GmbH and other entities, and the
expected benefits to customers, employees and shareholders. These
statements are based on the current expectations of the management of
Finedining Capital GmbH and persons acting jointly therewith pursuant
to section 2 para. 5 WpÜG and are inherently subject to risks,
uncertainties and changes in circumstances. These expectations or any
forward-looking statements could prove to be incorrect, and actual
results could differ materially from those projected or assumed in
the forward- looking statements. The potential risks, uncertainties
and changes in circumstances that could cause actual results to
differ from those expected include, among others, risks related to
the settlement of the public tender offer and the failure of the
market to develop as expected. Finedining Capital GmbH and persons
acting jointly therewith pursuant to section 2 para. 5 WpÜG do not
undertake any obligation to update the forward-looking statements to
reflect actual results, or any change in events, conditions,
assumptions or other factors.

Contact:
KKR:
Dominik Veit
Telefon: +49(0)69 92187487
E-Mail: dveit@heringschuppener.com