Exhibit 99.2
[CIT Logo]
Investor Contact: Valerie L. Gerard
Senior Vice President
Investor Relations
CIT Group Inc.
973.422.3284
Media Contact: Christopher J. Hardwick
Vice President
External Communications and
Media Relations
CIT Group Inc.
973.597.2095
CIT ANNOUNCES QUARTERLY DIVIDEND FOR FIRST QUARTER 2005
New York, NY, April 18, 2005 - CIT Group Inc. (NYSE: CIT) today announced that
its Board of Directors has declared a regular quarterly cash dividend of $.16
per share, a 23% increase over last quarter's dividend of $.13 per share. The
dividend is payable on May 30, 2005 to shareholders of record on May 13, 2005.
About CIT
CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company,
provides clients with financing and leasing products and advisory services.
Founded in 1908, CIT has nearly $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. CIT, a Fortune
500 company and a component 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. CIT, with its principal
offices in Livingston, New Jersey and New York City, has approximately 6,000
employees in locations throughout North America, Europe, Latin and South
America, and the Pacific Rim. For more information, visit www.cit.com
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