RAIT Investment Trust to Host Live Earnings Webcast for Q2 of 2004

RAIT Investment Trust (NYSE:RAS) today announced that it will release its second quarter 2004 earnings after market hours on Thursday, July 29, 2004 and invites investors and other interested parties to listen to its quarterly results conference call to be webcast live over the Internet on Monday, August 2, 2004 at 11:00 a.m. Eastern time.

All interested parties can access the live earnings webcast from the home page of the RAIT Investment Trust website.

For those who are not available to listen to the live webcast, the replay of the webcast will be available following the live call on the RAIT Investment Trust website and telephonically starting at 1:00 p.m. Eastern time on August 2, 2004 until midnight on Monday, August 9, 2004 by dialing 1-800-428-6051, access code 367310.