Exhibit 99.2
[The CIT Group, Inc. Logo]
FOR IMMEDIATE RELEASE Contact
-------
Joan Russo
Vice President/Corporate Marketing
New Media & Public Relations
973-740-5437
[email protected]
The CIT Group, Inc. Declares Regular Quarterly Dividend
-------------------------------------------------------
LIVINGSTON, New Jersey, October 26, 2000--- The Board of Directors of The CIT
Group, Inc. (NYSE:CIT; TSE:CIT.U; CGX.U) today declared a regular quarterly cash
dividend of $.10 per common share for shareholders of record on November 10,
2000. The cash dividend is payable on November 30, 2000.
The CIT Group is a leading diversified finance organization offering secured
commercial and consumer financing to smaller, middle-market and larger
businesses and to individuals through a nationwide distribution network. CIT
operates extensively in the United States and Canada with strategic locations in
Europe, Latin and South America, and the Pacific Rim. CIT has been in business
since 1908 and is recognized as a leader in many of the markets it serves. CIT
was voted one of "America's Most Admired Companies" by Fortune Magazine and
ranks as the number two technology innovator on the Information Week 500. For
more information on CIT, visit the website at www.cit.com.
