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Care Investment Trust Inc. Announces First Quarter 2009 Results
Date:5/11/2009

or similar supplemental performance measures, and accordingly, our reported FFO and / or AFFO may not be comparable to the FFO and AFFO reported by other REITs.

For more information on the Company, please visit the Company's website at www.carereit.com

-Financial Tables to Follow-

                     Care Investment Trust Inc. and Subsidiaries

              Condensed Consolidated Statements of Operations (Unaudited)
                (dollars in thousands -- except share and per share data)


                                                  Three Months    Three Months
                                                     Ended           Ended
                                                    March 31,       March 31,
                                                       2009            2008
                                                       ----            ----
     Revenue
       Rental revenue                                $3,172              $-
       Income from investments in loans               2,874           4,687
       Other income                                      96             147
                                                         --             ---
     Total revenue                                    6,142           4,834
                                                      -----           -----
     Expenses
       Management fees to related party                 645           1,294
       Marketing, general and administrative
        (including stock-based compensation of
        $5 and $187, respectively)                    2,315           1,362
       Depreciation and amortization                    837               -
       Adjustment to valuation allowance on
        loans held at LOCOM                          (1,919)              -
       
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SOURCE Care Investment Trust Inc.
Copyright©2009 PR Newswire.
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