Global Headquarters 505 Fifth Avenue New York, NY 100 17 212-771-0505 www.cit.com Global Commercial

Overview: CIT (NYSE: CIT), a leading global commercial finance company, provides a comprehensive set of financial products and services to clients in more than 50 countries around the world. 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.

Our diversified business platform serves more than one million clients in more than 30 industries. We serve a wide variety of industries including manufacturing, transportation, retailing, wholesaling, healthcare, communications, technology, energy, real estate, financial sponsor and various service-related industries. Each business has industry alignment and focuses on specific sectors, products and markets with portfolios diversified by client and geography.

Founded in 1908, our near-century of growth has been fueled by an unyielding focus on meeting our client’s financial needs and is balanced by our deep and risk management culture. The CIT brand platform, Capital Redefined, articulates our value proposition of providing our CIT International: customers with the relationship, intellectual and financial capital to yield CIT has offices in more than 50 locations throughout North America, Europe, infinite possibilities. Latin America and Asia Pacific.

Financial Performance 2003 2004 2005 2006 YTD2007* Net Income $567m $754m $936m $1.016bn $20m** Diluted EPS $2.66 $3.50 $4.44 $5.00 $0.10** Dividends Per Share $0.48 $0.52 $0.61 $0.80 $0.75 Return on Equity 10.9% 13.2% 15.1% 15.0% 0.4%** ** Reflects a YTD $786 million after-tax valuation allowance related to home lending receivables.

Revenue

$6.9 $7.0 $6.3 $5.7 6.0 $4.6 $4.7 5.0 Ratings Senior 4.0 Commercial Paper Unsecured Debt DBRS R-1L A 3.0 Fitch Ratings F1 A

($ in billions) 2.0 Moody’s Investors P-1 A2 Standard & Poor’s A-1 A 1.0

The credit ratings stated above are not a recommendation to buy, sell or hold securities and may be 0.0 subject to revision or withdrawal by the assigning rating organization. Each rating should be evaluated 2003 2004 2005 2006 YTD2007 * independently of any other rating. As of 9/30/07.

Finance Income Rental Inc ome Other Income 1

* Year to date 9/30/07. 1 Includes fees, commissions, asset gains and other income. Contacts Investor Relations: Media Relations: Ken Brause C. Curtis Ritter Executive Vice President Director of External Communications & Media Relations (212) 771-9650 (212) 461-7711 [email protected] [email protected] US: Toronto: 1 CIT Drive 207 Queen’s Quay West, Livingston, NJ 07039 Toronto, ON M5J 1A7, 973-740-5000 Canada 416-507-2400 London: Shanghai: Peninsular House, 18F, No.500 Fushan Road, 36 Monument Street, UC Tower, Pudong, London EC3R 8LJ, UK Shanghai, 200122, PRC 44-207-411-4800 86-21-6160-2288

Dublin: CIT House, Blackrock Business Park, Carysfort Avenue, Blackrock, Co Dublin, Ireland 353-1-279-6295

Operating Segments Managed Assets*

Corporate Finance By segment Walter Owens, President Provides lending, leasing and other financial and advisory services to middle Trade Finance market companies, with a focus on specific industries, including healthcare, 9% Corporate Finance financial sponsors, energy, communications, media and entertainment. Home Lending 27% 13% Trade Finance John Daly, President Provides factoring, lending, credit protection, receivables management and other trade finance services to companies that sell into retail channels of Consumer 15% distribution.

Vendor Finance Transportation Finance 20% Transportation Finance Jeff Knittel, President 16% Provides lending, leasing, and advisory services to the transportation industry, principally aerospace and rail.

Vendor Finance By industry Kris Snow, Co-President Terry Kelleher, Co-President Student Other** lending Provides innovative customer financing and leasing solutions that support 21% 15% global, regional and local manufacturers and distributors in technology, office products, diversified industries, telecommunications and healthcare. Wholesaling 2% Manufacturing Consumer Finance Transportation 13% 4% Randy Chesler, President

Provides education through Student Xpress® and other consumer Healthcare 5% financing programs. Service Home industries mortgage 13% Home Lending 6% Retail 10% Commercial Taylor Kamp, Senior Vice President airlines Services residential mortgage loans to consumers. The company ceased 11% originating residential mortgages in 2007. By geography

Australia Products Services Mexico 1%   1% All other Asset based loans Financial risk management China countries 1% 8%  Secured lines of credit  Asset management and servicing Germany 2%  Leases – operating, capital  Merger and acquisition advisory England and leveraged services 5% Canada  Vendor finance programs  6%  Import and export financing  Credit protection  Debtor-in-possession /  Accounts receivable collection turnaround financing  Commercial real estate advisory  Acquisition and expansion financing services US 76%

 Project financing  Debt underwriting and syndication * As of 9/30/07.  Mortgage loans  Insurance ** (no industry greater than 2.0%)  Small business loans  Capital markets structuring  Student loans  Letters of credit / trade acceptances Securities and investment banking services offered through CIT Capital Securities LLC, an affiliated of CIT. © 2007 CIT Group Inc., CIT and the CIT logo are registered service marks of CIT Group Inc. 11/07