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FOR IMMEDIATE RELEASE

          CIT TO PRESENT AT THE LEHMAN BROTHERS’ GLOBAL
       FINANCIAL SERVICES CONFERENCE ON SEPTEMBER 8, 2008

       NEW YORK – September 3, 2008– CIT Group Inc (NYSE: CIT), a leading
global commercial finance company, announced today that Jeffrey M. Peek,
Chairman and Chief Executive Officer, will participate in the Lehman Brothers’
Global Financial Services Conference on Monday, September 8, 2008, in New
York. The presentation is scheduled for 9:00 AM EDT.


       A live webcast of the presentation, in addition to the accompanying slides,
will be available on CIT's Investor Relations web site at http://ir.cit.com. To view
the presentation and listen to the live event, log on to the website approximately
15 minutes prior to the event to register and to download and install any
necessary audio software.


       A replay of the presentation will be available shortly following the event
until 11:59 PM EDT on September 22, 2008. A copy of the presentation slides
will also be accessible on CIT’s website.



About CIT
CIT (NYSE: CIT) is a global commercial finance company that provides financial
products and advisory services to more than one million customers in over 50
countries across 30 industries. A leader in middle market financing, CIT has
more than $70 billion in managed assets and provides financial solutions for
more than half of the Fortune 1000. A member of the S&P 500 and Fortune 500,
it maintains leading positions in asset-based, cash flow and Small Business
Administration lending, equipment leasing, vendor financing and factoring. The
CIT brand platform, Capital Redefined, articulates its value proposition of
providing its customers with the relationship, intellectual and financial capital to
yield infinite possibilities. Founded in 1908, CIT is celebrating its Centennial
throughout 2008. www.cit.com

                                       ###
2


CIT MEDIA RELATIONS:
C. Curtis Ritter
Director of External Communications & Media Relations
(212) 461-7711
curt.ritter@cit.com

CIT INVESTOR RELATIONS:
Ken Brause
Executive Vice President and Director
(212) 771-9651
ken.brause@cit.com

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CIT_LehmanPR

  • 1. FOR IMMEDIATE RELEASE CIT TO PRESENT AT THE LEHMAN BROTHERS’ GLOBAL FINANCIAL SERVICES CONFERENCE ON SEPTEMBER 8, 2008 NEW YORK – September 3, 2008– CIT Group Inc (NYSE: CIT), a leading global commercial finance company, announced today that Jeffrey M. Peek, Chairman and Chief Executive Officer, will participate in the Lehman Brothers’ Global Financial Services Conference on Monday, September 8, 2008, in New York. The presentation is scheduled for 9:00 AM EDT. A live webcast of the presentation, in addition to the accompanying slides, will be available on CIT's Investor Relations web site at http://ir.cit.com. To view the presentation and listen to the live event, log on to the website approximately 15 minutes prior to the event to register and to download and install any necessary audio software. A replay of the presentation will be available shortly following the event until 11:59 PM EDT on September 22, 2008. A copy of the presentation slides will also be accessible on CIT’s website. About CIT CIT (NYSE: CIT) is a global commercial finance company that provides financial products and advisory services to more than one million customers in over 50 countries across 30 industries. A leader in middle market financing, CIT has more than $70 billion in managed assets and provides financial solutions for more than half of the Fortune 1000. A member of the S&P 500 and Fortune 500, it maintains leading positions in asset-based, cash flow and Small Business Administration lending, equipment leasing, vendor financing and factoring. The CIT brand platform, Capital Redefined, articulates its value proposition of providing its customers with the relationship, intellectual and financial capital to yield infinite possibilities. Founded in 1908, CIT is celebrating its Centennial throughout 2008. www.cit.com ###
  • 2. 2 CIT MEDIA RELATIONS: C. Curtis Ritter Director of External Communications & Media Relations (212) 461-7711 curt.ritter@cit.com CIT INVESTOR RELATIONS: Ken Brause Executive Vice President and Director (212) 771-9651 ken.brause@cit.com