Press Release

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

Company Release - 7/29/2008 12:56 PM ET

NEW YORK, July 29 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. (NYSE: CRE), today announced that it will release second quarter 2008 financial results before the market opens on Tuesday, August 12, 2008.

The Company will host a conference call on Tuesday, August 12, 2008, at 11:00 a.m. Eastern Time to discuss the second 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 11117999, which will be available through August 19, 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 http://www.carereit.com.

SOURCE Care Investment Trust Inc.

Contact: Frank Plenskofski, Chief Financial Officer of Care Investment Trust Inc., +1-212-771-9318, frank.plenskofski@carereit.com; or Leslie Loyet, Analysts-Investors of Financial Relations Board, +1-312-640-6672, lloyet@frbir.com, for Care Investment Trust Inc.