CORRECTING and REPLACING CIT Declares Quarterly Dividend

NEW YORK--(BUSINESS WIRE)-- First paragraph, second sentence of release should read: The common stock dividend is payable on August 28, 2015 to common shareholders of record as of August 14, 2015 (instead of: The common stock dividend is payable on August 14, 2015 to common shareholders of record as of August 28, 2015).

The corrected release reads:

CIT DECLARES QUARTERLY DIVIDEND

CIT Group Inc. (NYSE: CIT), a leading provider of commercial lending and leasing services, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock. The common stock dividend is payable on August 28, 2015 to common shareholders of record as of August 14, 2015.

EDITOR’S NOTE:

CIT thought leadership content can be found at View from the Middle™ (cit.com/viewfromthemiddle) and our CIT Point of View blog (cit.com/pov). View our corporate video (cit.com/corporatevideo) and follow us on Twitter, LinkedIn, YouTube and Facebook. Register to receive press releases at cit.com/newsalerts.

About CIT

Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, as well as equipment financing and leasing solutions to the transportation industry worldwide. Its U.S. commercial bank subsidiary, CIT Bank (Member FDIC) BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20150721006648/en/

CIT MEDIA RELATIONS:
C. Curtis Ritter
Senior Vice President of Corporate Communications
(973) 740-5390
[email protected]
or
Matt Klein
Vice President, Media Relations
(973) 597-2020
[email protected]
or
CIT INVESTOR RELATIONS:
Barbara Callahan
Senior Vice President
(973) 740 -5058
[email protected]

Source: CIT Group Inc.

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