JER Investors Trust Inc. Announces One Day Extension of Trading On NYSE To Facilitate...

JER Investors Trust Inc. Announces One Day Extension of Trading On NYSE To
Facilitate Move To OTC Market

MCLEAN, Va., March 30 /PRNewswire-FirstCall/ -- JER Investors Trust Inc.
(NYSE: JRT) (the "Company") today announced that, on March 27, 2009, the NYSE
issued a press release stating that trading in the common stock of the Company
would be extended through the close on Tuesday, March 31, 2009 and be
suspended prior to the market opening on Wednesday, April 1, 2009. The NYSE
had previously announced on March 25, 2009 that trading would be suspended
prior to the opening on Tuesday, March 31, 2009. The NYSE extension will
facilitate the Company's transition to the OTC Bulletin Board. Effective
April 1, 2009, the trading of the Company's common stock will occur in the
over-the-counter market.

About the JER Investors Trust Inc.

JER Investors Trust Inc. is a specialty finance company that invests in
commercial real estate structured finance products. The Company's target
investments primarily include commercial mortgage backed securities, whole
commercial mortgage loans, mezzanine loans and net leased real estate assets.
The Company is organized and conducts its operations so as to qualify as a
REIT for federal income tax purposes. For more information regarding the
Company, please visit http://www.jer.com.

Forward-Looking Statements

Certain items in this press release may constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management's current expectations and beliefs
and are subject to a number of trends and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements. The Company can give no assurance that its
expectations will be attained. Factors that could cause actual results to
differ materially from the Company's expectations include, but are not limited
to, changes in the real estate and capital markets, our liquidity, our ability
to source and fund new investments, the effect of trading on an
over-the-counter market and other risks detailed from time to time in the
Company's SEC reports. Such forward-looking statements speak only as of the
date of this press release. The Company expressly disclaims any obligation to
release publicly any updates or revisions to any forward- looking statements
contained herein to reflect any change in the Company's expectations with
regard thereto or change in events, conditions or circumstances on which any
statement is based.

CONTACT:
J. Michael McGillis
Chief Financial Officer
JER Investors Trust Inc.
(703) 714-8000

SOURCE JER Investors Trust Inc.

J. Michael McGillis, Chief Financial Officer of JER Investors Trust Inc.,
+1-703-714-8000