Conference Call and Audio Webcast Scheduled for 8:00 AM EST

CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of commercial lending and leasing services, today announced it will issue its financial results for the quarter ended March 31, 2016, before the market opens on Thursday, April 28, 2016 and will hold a conference call and audio webcast to discuss the results at 8:00 AM EST.

Call-in Number:

  U.S. Toll Free     888-317-6003 International 412-317-6061 Canada Toll Free 866-284-3684 Elite Entry Code 2728263 Webcast

cit.com/investor

Please dial-in to the call or connect to the webcast at least 15 minutes prior to register and/or download any necessary software. A replay of the call will be available until 11:59 PM EST on May 28, 2016.

Conference Replay:

  U.S. Toll Free     877-344-7529 International Toll 412-317-0088 Canada Toll Free 855-669-9658 Elite Entry Code 10084072 Webcast

cit.com/investor

Information in CIT's earnings release and comments made by management during the conference call described in this release speak only as of the date and time of such call. CIT expressly disclaims and undertakes no responsibility to update or alter such information based on new information, future events or otherwise.

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 $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com

CIT MEDIA RELATIONS:Matt KleinVice President, Media Relations(973) 597-2020Matt.Klein@cit.comorCIT INVESTOR RELATIONS:Barbara CallahanSenior Vice President(973) 740-5058Barbara.callahan@cit.com

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