To:  All persons and/or entities who purchased common stock in RAIT Financial Trust [RAS] during the period from June 8, 2006 to August 3, 2007, inclusive, including securities purchased in the January 2007 Common Stock Offering, the July 2007 Preferred Stock Offering and the April 2007 Note Offering and were damaged thereby; a settlement has been announced in the securities litigation known as In Re RAIT Financial Trust Securities Litigation, Civil Action No. 2:07-cv-03148-LDD, United States District Court for the Eastern District of Pennsylvania.  For additional information about this settlement, please see the Notice and Proof of Claim (links provided below):

·         Notice of Pendency and Proposed Settlement of Class Action and Settlement Fairness Hearing;

·         Proof of Claim and Release.

 Claim submission deadline is January 25, 2010.