EX-99.1 2 file002.txt PRESS RELEASE Exhibit 99.1 [The CIT Group, Inc. Logo] IMMEDIATE RELEASE CIT to Trade Senior Public Income NotES Under New Ticker Symbols "CIC" and "CIP" NEW YORK, April 27, 2001 --- The CIT Group, Inc. (NYSE: CIT, TSE: CIT.U and Exchangeable Shares: TSE: CGX.U) today announced the release of ticker symbols "NCF" (AT&T Capital Corp.-8.125% Senior PINES) and "NCD" (AT&T Capital Corp.-8.25% Senior PINES) to the New York Stock Exchange. CIT will no longer be trading under these symbols on the New York Stock Exchange effective after the market's close on Friday, April 27, 2001. The trading of these notes will resume on the New York Stock Exchange under the new ticker symbols "CIC" (AT&T Capital Corp.-8.125% Senior PINES) and "CIP" (AT&T Capital Corp.-8.25% Senior PINES) at the market's open on Monday, April 30, 2001. ---------------------------------------------------------------------------- Senior Public Old Ticker New Ticker Income Notes Maturity Call Symbol Symbol ("PINES") Date Date CUSIP ---------------------------------------------------------------------------- NCF CIC 8.125% 12/15/2028 12/15/2003 00206J308 ---------------------------------------------------------------------------- NCD CIP 8.25% 11/15/2028 11/15/2003 00206J209 ---------------------------------------------------------------------------- About CIT: CIT is a leading, global source of financing and leasing capital and an advisor for companies in more than 30 industries. Managing more than $50 billion in assets across a diversified portfolio, CIT is the trusted financial engine empowering many of today's industry leaders and emerging businesses, offering vendor, equipment, commercial, factoring, consumer and structured financing capabilities. Founded in 1908, CIT operates extensively in the United States and Canada with strategic locations in Europe, Latin and South America, and the Pacific Rim. For more information on CIT, visit the Web site at http://www.cit.com. Investor Relations Contacts: James J. Egan, Jr. Yvette K. Rudich CIT CIT (973) 535-5911 (973) 597-2095 jim.egan@cit.com yvette.rudich@cit.com