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CIT to Announce Second Quarter 2010 Results on Tuesday, July 27, 2010

CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced it will issue its financial results for the quarter ending June 30, 2010, before the market opens on Tuesday, July 27, 2010. CIT will hold a conference call and audio webcast to discuss the results at 8:00 AM EDT.

Call-in Number:

U.S. & Canada 866-831-6272
International 617-213-8859
Reference CIT Group

Webcast: http://ir.cit.com

Please dial-in to the call or link to the webcast at least 10 minutes prior to register or download any necessary software. A replay of the call and webcast will be available until 11:59 PM EDT on August 10, 2010.

Replay Number:

U.S. & Canada 888-286-8010
International 617-801-6888
Reference 81354530

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

Founded in 1908 and headquartered in New York City, CIT (NYSE: CIT) is a bank holding company with approximately $45 billion in finance and leasing assets that provides financial products and advisory services to small and middle market businesses. Operating in more than 50 countries across 30 industries, CIT provides an unparalleled combination of relationship, intellectual, and financial capital to its customers worldwide. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and vendor finance. www.cit.com

Contacts:

CIT MEDIA RELATIONS:
C. Curtis Ritter, 212-461-7711
Vice President
Director of External Communications & Media Relations
curt.ritter@cit.com
or
CIT INVESTOR RELATIONS:
Ken Brause, 212-771-9650
Executive Vice President
ken.brause@cit.com

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