CIT to Announce Second Quarter 2008 Results on Thursday, July 17th

Business Wire, July 1, 2008

Conference Call and Audio Webcast Scheduled for 9:00 AM EDT

NEW YORK -- CIT Group Inc. (NYSE: CIT), a leading global commercial finance company, today announced it will issue its financial results for the quarter ending June 30, 2008, before the market opens on Thursday, July 17, 2008. CIT will hold a conference call and audio webcast to discuss the results at 9:00 AM EDT.

Call-in Number:    <

U.S. & Canada  <
866-831-6272
International      <
617-213-8859
Access code        <
CIT Group
                   <

Webcast:

U.S. & Canada  >
888-286-8010
International      >
617-801-6888
Access Code        >
51688000
                   >

Webcast Replay:    >
http://ir.cit.com

Information in CIT's earnings release and comments made by management during the conference call described in this release speak only as of the date and time of such call. CIT expressly disclaims and undertakes no responsibility to update or alter such information based on new information, future events or otherwise.

Individuals interested in receiving future updates on CIT via e-mail can register at http://newsalerts.cit.com.

About CIT

CIT (NYSE: CIT) is a global commercial finance company that provides financial products and advisory services to more than one million customers in over 50 countries across 30 industries. A leader in middle market financing, CIT has more than $80 billion in managed assets and provides financial solutions for more than half of the Fortune 1000. A member of the S&P 500 and Fortune 500, it maintains leading positions in asset-based, cash flow and Small Business Administration lending, equipment leasing, vendor financing and factoring. The CIT brand platform, Capital Redefined, articulates its value proposition of providing its customers with the relationship, intellectual and financial capital to yield infinite possibilities. Founded in 1908, CIT is celebrating its Centennial throughout 2008. www.cit.com