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Care Investment Trust Inc. Names Frank E. Plenskofski as Chief Financial Officer and Treasurer
Date:7/11/2008

NEW YORK, July 11 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. (NYSE: CRE) ("Care" or "Company"), today announced the election of Frank E. Plenskofski as chief financial officer and treasurer effective July 8, 2008. Mr. Plenskofski replaces Robert O'Neill, who has left the Company to pursue other professional opportunities.

Mr. Plenskofski brings over 25 years of industry experience to the Company. He has held a number of executive and senior level positions during his career including Senior Vice-President and Chief Financial Officer of Opteum Financial Services, LLC, Executive Vice-President and Chief Financial Officer of HomeBanc Mortgage, Inc., Senior Vice-President and Chief Accounting Officer for GMAC Residential (now part of Residential Capital LLC, which is part of GMC, LLC) and Senior Vice-President and Chief Financial Officer of Rock Financial Corporation (which is now operating as QuickenLoans Inc.). Most recently, he served as a Senior Vice President with Trust Company of the West. Mr. Plenskofski is a graduate of LaSalle University in Philadelphia, Pennsylvania with a B.S. in Business Administration and a concentration in Accounting.

F. Scott Kellman, President and Chief Executive Officer of Care, said, "We are excited to welcome Frank to the Care Investment Trust senior management team. Frank's capital markets experience coupled with his strong real estate expertise will be of great value as we expand our equity platform."

"We thank Bob for his help during our initial public offering process and Care's first year of operation. We wish him well in his future endeavors," added Kellman.

About Care Investment Trust

Care Investment Trust Inc. is a real estate investment and finance compan
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SOURCE Care Investment Trust Inc.
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