Press Release

Care Investment Trust Inc. Announces Acceptance for Listing on OTCQX; Trading to Begin Immediately

Company Release - 9/17/2010 7:00 AM ET

NEW YORK, Sept. 17 /PRNewswire/ -- Care Investment Trust Inc. (OTCQX:  CVTR; NYSE: CRE, pending appeal) ("Care" or the "Company"), a real estate investment and finance company that invests in healthcare-related real estate and commercial mortgage debt, today announced that the Company's application for listing on the OTC market's highest tier, OTCQX, has been accepted and that the Company's shares will begin trading immediately on the OTCQX listing platform under the ticker "CVTR."  

Salvatore (Torey) V. Riso, President and Chief Executive Officer, said, "We are pleased to announce approval for trading on the OTCQX market in order to provide investors a platform to facilitate trading in our stock during the pendency of the NYSE appeal process."

B. Riley & Co., LLC will serve as Care Investment Trust's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing guidance on OTCQX requirements.

About Care Investment Trust

Care Investment Trust Inc. is a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt.  

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 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/A, 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 the Company, please visit the Company's website at www.carereit.com

SOURCE Care Investment Trust Inc.

Contact: Torey Riso, President & Chief Executive Officer of Care Investment Trust Inc., +1-212-771-9516, torey.riso@carereit.com