Press Release

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

Company Release - 5/8/2008 5:26 PM ET

NEW YORK, May 8 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. (NYSE: CRE), today announced that it will release first quarter 2008 financial results before the market opens on Thursday, May 15, 2008.

The Company will host a conference call on Thursday, May 15, 2008, at 11:00 a.m. Eastern Time to discuss the first quarter results. The call may be accessed live by dialing 800-240-7305 or by visiting the Company's website at http://www.carereit.com.

Investors may access a replay by dialing 800-405-2236, passcode 11113141, which will be available through May 23, 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 commercial mortgage debt and real estate. It 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 http://www.carereit.com

SOURCE Care Investment Trust Inc.

Contact: Robert O'Neill, Chief Financial Officer of Care Investment Trust Inc., +1-973-740-5115, robert.oneill@carereit.com; or Leslie Loyet, Analysts-Investors, of Financial Relations Board, +1-312-640-6672, lloyet@frbir.com, for Care Investment Trust Inc.