CIT And Area Companies Host Food Drive to Benefit Jacksonville Area Charities

Companies Will Compete to be the "2008 Food Shelter Needs Drive
Champ"
JACKSONVILLE, Fla.--(Business Wire)--
CIT:

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WHO: CIT Group Inc., a leading global commercial finance
company, announced that its Jacksonville office is
conducting a week-long employee food drive. It is
seeking to collect 21,000 pounds of food and shelter
goods, surpassing the 17,369 pounds they collected
from employees in 2007.

Mark One and Paychex are also conducting simultaneous
employee food drives the same week.

WHAT: All food and shelter goods collected during the week
will be weighed at each participating company's
office. The company with the highest average weight
(total weight divided by total participants) will be
named "2008 Food Shelter Needs Drive Champ." The
companies have selected the following organizations to
receive their donations:
-- CIT - Jacksonville City Rescue Mission (CRM)
-- Mark One - (The Betty Griffin House)
-- Paychex - (The Clara White Mission)

WHY: The Emergency Service and Homeless Coalition of
Jacksonville reports that there are nearly 3,000
homeless men, women and children on any given day in
Duval County. Florida is ranked #2 in the nation in
terms of homeless individuals. (#1 California 195,637,
#2 Florida 68,369).

WHERE: CIT
10201 Centurion Parkway North
Jacksonville, FL 32256

WHEN: Friday, June 20
10:00am - 1:00pm

EDITOR'S NOTE: Interviews and stand-ups can be done on site at CIT for
morning/afternoon or evening newscasts on Friday.

LOCAL CONTACT: Trish Philbin (561) 706-7850
(904) 620-7494
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About CIT

CIT is a global commercial finance company that provides financial
products and advisory services to more than one million customers in
over 50 countries across 30 industries. A leader in middle market
financing, CIT has more than $80 billion in managed assets and
provides financial solutions for more than half of the Fortune 1000. A
member of the S&P 500 and Fortune 500, it maintains leading positions
in asset-based, cash flow and Small Business Administration lending,
equipment leasing, vendor financing and factoring. The CIT brand
platform, Capital Redefined, articulates its value proposition of
providing its customers with the relationship, intellectual and
financial capital to yield infinite possibilities. Founded in 1908,
CIT is celebrating its Centennial throughout 2008. www.cit.com

About City Rescue Mission

Founded in 1960, City Rescue Mission provides help, hope and
healing to the homeless of Jacksonville. Nearly 500 men, women, and
children receive emergency shelter, meals, case management, spiritual
enrichment, dental and medical services, educational services,
Christian guidance, and other recovery services each day.

About The Betty Griffin House

As a private, nonprofit agency, the Safety Shelter of St. Johns
County, Inc., dba: Betty Griffin House, provides emergency shelter to
abused women and their minor children and temporary shelter for rape
victims in danger after the crime. Other support services available to
shelter residents and nonresidents include a 24-hour crisis hotline,
individual and group counseling, case management, civil legal
representation, and court advocacy. Betty Griffin House provides all
services to men who are abused with separate accommodations.

About the Clara White Mission

The Clara White Mission is to reduce homelessness through
advocacy, housing, job training and employment by partnering with
business and local community resources.

CIT Media Relations:
C. Curtis Ritter, 212-461-7711
Director of External Communications & Media Relations
curt.ritter@cit.com
or
Mary Flynn, 212-461-7860
Director of Media Relations
mary.flynn@cit.com

Copyright Business Wire 2008