RAIT Financial Trust Schedules Fourth Quarter and Fiscal 2009 Financial Results Release Date and Conference Call

PHILADELPHIA--(BUSINESS WIRE)--RAIT Financial Trust (NYSE: RAS) today announced that it expects to release its fourth quarter and fiscal 2009 financial results before U.S. stock markets open on Friday, February 19, 2010 and invites investors and other interested parties to listen to its quarterly results conference call on Friday, February 19, 2010 at 10:00 a.m. Eastern time.

All interested parties can access the live conference call webcast from the home page of the RAIT Financial Trust website at www.raitft.com or by dialing 800.259.0251, access code 79440705. For those who are not available to listen to the live call, the replay will be available shortly following the live call on RAIT’s website and telephonically until Friday, February 26, 2010 by dialing 888-286-8010, access code 39106645.

About RAIT Financial Trust
RAIT Financial Trust manages a portfolio of real estate related assets, provides a comprehensive set of debt financing options to the real estate industry and invests in real estate related assets. RAIT’s management uses its experience, knowledge and relationship network to seek to generate and manage real estate related investment opportunities for RAIT and for outside investors. For more information, please visit www.raitft.com or call Investor Relations at 215.243.9000.