Kayne Anderson Energy Development Company Schedules Earnings Release and Earnings Conference Call for Its Quarter Ended August 31, 2008
           

<p>HOUSTON, TX--(Marketwire - October 2, 2008) -  (<exchange name="NYSE">NYSE</exchange>: <ticker name="KED">KED</ticker>) Kayne Anderson Energy Development
Company (the "Company") today announced that it will report its earnings
results for the quarter ended August 31, 2008 on Wednesday, October 8, 2008
after the close of the financial markets.
<p>
The Company will host a conference call at 10:00 a.m., Eastern time, on
Thursday, October 9, 2008 to discuss its results. All interested parties
are welcome to participate. You can access the conference call by dialing
(877) 563-8315 approximately 5-10 minutes prior to the call. International
callers should dial (706) 679-4383. All callers should reference
"Conference ID #67730016."  For the convenience of the Company's
stockholders, an archived replay of the call will be available in the
Investor Relations section of the Company's website
(http://www.kaynefunds.com/Ked.htm).

           

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