As seen in the October 16, 2006, COMPTEL Connection

CIT Group Inc. (parent company)
CIT Communications, Media & Entertainment (member group)
Headquarters: New York, NY
www.cit.com

Q: What does your company do and how long has it been in operation?
A: CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has more than $68 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries worldwide. CIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its global headquarters in New York City, CIT has more than 7,000 employees in locations throughout North America, Europe, Latin America, and the Pacific Rim.

The Communications, Media and Entertainment division of CIT has a long history of providing secured debt financings, structuring and underwriting services, facility arrangement and administration to various communications, media and entertainment sectors. We have remained so by backing our extensive industry expertise with an unwavering dedication to our customers. We have a proven ability to grow with these same customers by providing flexible solutions that meet their evolving needs. Our presence in North America and Europe, strong industry knowledge and relationship-based lending makes us the lender of choice for middle market companies.

Q: To what do you attribute your company's success in the communications industry?
A: Our continued success is driven by the quality of the professionals we have been able to attract and retain over the course of many years. It is these individuals that provide innovative and comprehensive financing solutions to the industries that we serve. In addition, CIT maintains a long-term perspective on its businesses. This philosophy has enabled the Communications Group to remain focused on and dedicated to its clients through all stages of the economic cycle. We have found this commitment to be a real competitive strength in today's marketplace.

Q: What do you see as your greatest challenges going forward?
A: The supply of capital to the Communications sector has never been greater. As a result, we operate in a very competitive environment. The challenge is to balance our desire for growth with financial discipline that will maintain the credit quality of our portfolio. At the same time, we continue to develop and offer new products and services that enhance our existing relationships and expand our market presence.

Q: What have been some of your company's most recent achievements (new customer wins, new service/product deployment, etc.)
A: The Communications Team at CIT has played a lead role in many of the recent financings that have been completed in the competitive communications sector. We have provided growth capital, funded acquisitions and recapitalizations that have materially enhanced shareholder value. Our success in many of these transactions is the result of our long term commitment to this industry.

Q: Why is it important for your company to be a COMPTEL member?
A: As a significant source of capital and financial expertise