This is Olympus latest 14-42mm - IIR. The lens was purchased separately and is NOT part of any kit. It comes in a retail package including box and an OEM screw-on end cap (instead of snap-on that comes with the kit lens). This is a great looking lens especially on a black body. It's also very sharp with silent AF - ideal for video. Asking $155 shipped with PayPal personal or + 3% to conUS only. or Trade with and Panasonic 14-45mm + $$ from me. Thanks for your interest.