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Stock Trading History of Distefano Ellen J

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Distefano Ellen J since year 2005. The trader's CIK number is 1168757. At the time of this reporting, Distefano Ellen J is the Executive VP of Rait Investment Trust (stock ticker symbol RAS).

Stock purchases, sales, and option exercises reported by *Distefano Ellen J* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2006-05-05	RAS	Rait Investment Trust	Option Exercise	2,841	9.00	25,569
2006-02-21	RAS	Rait Investment Trust	Sale	1,251	26.77	33,484
2005-05-26	RAS	Rait Investment Trust	Sale	1,500	28.45	42,675

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Distefano Ellen J (Executive VP of Rait Investment Trust at the time of this reporting) see the Securities and Exchange Commission (SEC) website.