Press Release

Care Investment Trust Inc. Declares Quarterly Dividend of $0.17 Per Share

Company Release - 8/31/2009 7:00 AM ET

NEW YORK, Aug. 31 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. (NYSE: CRE) ("Care" or the "Company") today announced that its Board of Directors has declared a dividend of $0.17 per share of common stock for the second quarter 2009. The dividend is payable on September 25, 2009 to common shareholders of record on September 11, 2009.

About Care Investment Trust

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

Safe Harbor Statement

This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements (including statements regarding future financial and operating results) involve risks, uncertainties and contingencies, many of which are beyond Care Investment Trust Inc.'s control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. All statements contained in this release that are not clearly historical in nature are forward-looking, and the words "anticipate," "believe," "estimate," "expect," "plan," "target," and similar expressions are generally intended to identify forward-looking statements. Economic, business, funding market, competitive and/or regulatory factors, among others, affecting Care Investment Trust Inc.'s businesses are examples of factors that could cause actual results to differ materially from those described in the forward-looking statements in addition to those factors specified in Care Investment Trust Inc.'s Annual Report on Form 10-K for the year ended December 31, 2008, as well as Care Investment Trust Inc.'s Quarterly Reports on Form 10-Q. Care Investment Trust Inc. is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

For more information on Care Investment Trust, please visit the company's website at

SOURCE Care Investment Trust Inc.

Contact: Scott Kellman, President & Chief Executive Officer of Care Investment Trust, +1-212-771-9360, [email protected]; or Leslie Loyet, Analysts / Investors of Financial Relations Board, +1-312-640-6672, [email protected], for Care Investment Trust