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Care Investment Trust Inc. Announces Second Quarter 2009 Results
Date:8/10/2009

Marketing, general and administrative (including stock-based compensation of $190 and ($424) and $120 and ($237), respectively) 3,031 497 5,305 1,543 Depreciation and amortization 855 46 1,692 46 Loss on loan prepayment - - - 317 Adjustment to valuation allowance on loans held at LOCOM (1,247) - (3,167) - Operating expenses 3,146 1,816 4,982 4,473 Loss from investments in partially-owned entities 1,269 1,090 2,210 2,198 Net unrealized (gain)/loss on derivative instruments (259) (240) (1,525) (45) Realized gain on sale of loan to Manager - - (22) - Interest expense including amortization and write-off of deferred financing costs 1,458 466 3,569 882 Net income $(540) $659 $1,962 $1,118 Income per share of common stock Net income, basic and diluted $(0.03) $0.03 $0.10 $0.05 Basic and diluted weighted average common shares outstanding 20,052,583 20,880,990 20,041,683 20,877,998 Care Investment Trust Inc. and Subsidiaries Reconciliation of Non-GAAP Financial Measures (Unaudited) (dollars in thousands -- except share and per share data) For the three months ended June 30, 2009 FFO AFFO Net Loss $(540) $(540)
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SOURCE Care Investment Trust Inc.
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