Jeffrey Peek, Chairman and CEO of CIT, and Mayor Michael Bloomberg Unveil CIT's New Global Headquarters

NEW YORK, April 24 /PRNewswire-FirstCall/ --

WHO: Jeffrey M. Peek, Chairman and CEO of CIT , a leading provider of commercial and consumer finance solutions, and Mayor Michael R. Bloomberg WHAT: Press conference and reception to celebrate the opening of The CIT Building, CIT's new global headquarters, and to announce CIT's financial commitment to New York City's civic and cultural institutions WHEN: 9:30 a.m. - 11:00 a.m. ** Official Program begins at 10:00 a.m. WHERE: The CIT Building CIT Global Headquarters 505 Fifth Avenue and 42nd Street (enter on 42nd Street) MORE: Performances by the New York City Opera and the Orchestra of St. Luke's, which CIT proudly supports. The newly constructed 300,000 square foot, 28-story glass-encased office tower was designed by architects Kohn Pedersen Fox Associates. Its lobby features artwork created by internationally acclaimed light and space artist James Turrell which bathes the lobby in alternating shades of blue, green and red. INTERVIEWS: Jeffrey Peek and Mayor Bloomberg PHOTOS: The CIT Building -- the newest Fifth Avenue landmark James Turrell's Entrance Art Installation CONTACTS: Curt Ritter Director of External Communications & Media Relations (212) 771-9603 Curt.Ritter@CIT.com Amy Rosenberg Financial Dynamics (212) 850-5615 Amy.Rosenberg@fd.com ABOUT CIT

CIT Group Inc. , a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has over $60 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its Global Headquarters in New York City, CIT has approximately 6,000 employees in locations throughout North America, Europe, Latin America, and Asia Pacific. For more information, visit http://www.cit.com/.