Retirement Effective June 29, 2012

Strong Need for Financing in the Middle Market Space

CIT Retail Finance Serves as Sole Lender and Administrative Agent

Webcast Scheduled for 9:30 AM EDT

High Cost Debt Eliminated or Refinanced Since January 2010 Will Total $26 Billion

CIT Commercial & Industrial Serves as Sole Lead Arranger and Administrative Agent

Serves As Sole Lender for The Lofts at Edgewater Harbor

First Quarter Financial Highlights

Online Banking Growing Rapidly

Universal Uses for Equipment Leasing

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

New Product Offering Can Help Consumers Achieve Their Savings Goals

All 7% Series C Unsecured Notes Maturing in 2015 Will Be Redeemed

Portmanteau-Based Campaign Highlights the ‘Growmentum’ of CIT and the ‘Dealpertise’ Brought to Its Small Business and Middle Market Customers

CIT Executive Insights Video Series Examines the Sector’s Growth Potential

We will continue to evaluate opportunities to purchase assets as we focus on prudently growing our business.

Supporting America’s Growth Engine

Equipment Financing Poised for Growth in 2012

CIT’s Executive Insights Video Series Examines U.S. Energy Industry Outlook

CIT’s Executive Insights Video Series Examines U.S. Energy Industry Outlook

Significant Progress Advancing 2011 Priorities

70% of Energy Executives Believe That the United States Can Achieve Energy Independence Within 15 Years

Approximately $18 Billion of High Cost Debt Eliminated or Refinanced Since January 2010

New Energy Discoveries, Fracking, and Trends and Challenges in the Sector Among Topics Discussed

Consumers Can Visit BankOnCIT.com to Purchase CDs

Conference Call and Audio Webcast Scheduled for 8:00 AM EST

Completes Financings Backed by Railcars, Commercial Aircraft and Student Loans

More Than One Third Expect Sales To Increase On Black Friday

Represents 9% Increase Over Prior Quarter

Represents First Direct Order with Airline Manufacturer

Retail Industry Focused on Social Media to Drive Retail Sales

Continued Progress Advancing 2011 Priorities

76% of Retail Executives Expect Financial Crisis Will Extend into 2012 or Beyond

BankOnCIT.com to Offer Certificates of Deposit (CDs) with Competitive Rates

Social Media Changing Industry Dynamics; Commodity Prices Affect Retail Chain; Private Equity Firms Maintain Interest in the Sector

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Most of the Restrictive Covenants Will Be Eliminated Once Redemption Is Complete

New Video Series Complements Company’s Award-Winning Podcast Program

Repurchases $400 Million of Series A Notes

Repays Remaining $2.5 Billion First Lien Term Loan

62% of Value-added Resellers Believe SMBs Don’t Fully Understand the Benefits of Managed Services

Nearly 30% Increase over Prior Quarter

PoWer Leasing2 Will Offer EMC Channel Partners Flexible Financing Solutions

Net Loss of $48 Million, or $0.24 Per Diluted Share - Includes $163 Million of Costs Associated With Second Lien Debt Prepayment

Serves As Lead Arranger in $44 Million Senior Secured Credit Facility

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT

Represents CIT’s First Financing Program Within Alternative Energy Sector

Proceeds Used To Refinance Existing Credit Facility

Arcapita Acquired Majority Interest in J. Jill from Golden Gate Capital

Live Video Webcast Scheduled for Tuesday, May 17 at 12:45 PM EDT

Live Video Webcast Scheduled for Tuesday, May 17 at 12:45 PM EDT

Cease and Desist Orders lifted on CIT Bank

CIT Formalizes Its Long-term Financing Relationship with Dell In Latin America and Will Continue to Provide Financing Programs With Dell In Other Select Countries

Conference Call and Audio Webcast Scheduled for 8:00 AM EDT