Press Release

Care Investment Trust Inc. to Host Third Quarter 2008 Earnings Conference Call

Company Release - 10/31/2008 7:00 AM ET

NEW YORK, Oct. 31 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. (NYSE: CRE), today announced that it will release third quarter 2008 financial results before the market opens on Friday, November 14, 2008.

The Company will host a conference call on Friday, November 14, 2008, at 11:00 a.m. Eastern Time to discuss the third quarter results. The call may be accessed live by dialing 800-366-3908 or by visiting the Company's website at

Investors may access a replay by dialing 800-405-2236, passcode 11122142, which will be available through November 21, 2008. The webcast replay will also be archived in the "Investor Relations" section of the Company's website.

About Care Investment Trust

Care Investment Trust Inc. is a real estate investment and finance company formed principally to invest in healthcare-related real estate and commercial mortgage debt. Care is externally managed and advised by CIT Healthcare LLC, a wholly-owned subsidiary of CIT Group Inc.

For more information on Care Investment Trust, please visit their website at

SOURCE Care Investment Trust Inc.

Contact: Frank Plenskofski, Chief Financial Officer of Care Investment Trust Inc., +1-212-771-9318, [email protected], or Analysts|Investors, Leslie Loyet, of Financial Relations Board, +1-312-640-6672, [email protected], for Care Investment Trust Inc.