MCLEAN, Va., March 31 /PRNewswire-FirstCall/ -- JER Investors Trust Inc. (the "Company") today announced that arrangements for the transition of trading of the Company's common stock from the New York Stock Exchange ("NYSE") to the over-the-counter market have been completed. The NYSE will suspend trading of the Company's common stock and the Company's trading symbol "JRT" will be discontinued prior to market open on Wednesday, April 1, 2009. Effective April 1, 2009, the trading of the Company's common stock will occur in the over-the-counter market where the common stock will be quoted on the OTC Bulletin Board and Pink Quotes (formerly the "Pink Sheets") under the ticker symbol "JERT". Information regarding the trading of the Company's common stock on the OTC Bulletin Board can be accessed at http://www.otcbb.com/ and on the Pink Quotes at http://www.pinksheets.com/. Although the Company's common stock will be changing markets, the transition to the over-the-counter market will have no effect on the shares of common stock themselves under the Company's charter. The Company's stockholders will remain the registered owners of the common stock and commencing April 1, 2009 will be able to trade them over-the-counter. About JER Investors Trust Inc. JER Investors Trust Inc. is a specialty finance company that invests in commercial real estate structured finance products. The Company's target investments primarily include commercial mortgage backed securities, whole commercial mortgage loans, mezzanine loans and net leased real estate assets. The Company is organized and conducts its operations so as to qualify as a REIT for federal income tax purposes. For more information regarding the Company, please visit http://www.jer.com/. Forward-Looking Statements Certain items in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward- looking statements. The Company can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, changes in the real estate and capital markets, our liquidity, our ability to source and fund new investments, the effect of trading in the over-the-counter market and other risks detailed from time to time in the Company's SEC reports. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions or circumstances on which any statement is based. CONTACT: J. Michael McGillis Chief Financial Officer JER Investors Trust Inc. (703) 714-8000 DATASOURCE: JER Investors Trust Inc. CONTACT: J. Michael McGillis, Chief Financial Officer of JER Investors Trust Inc., +1-703-714-8000 Web Site: http://www.jer.com/

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