Capmark Completes Sale of European Loan Portfolio to GE Real Estate



    Capmark Financial Group Inc. ("Capmark") announced today that its
    subsidiaries completed the sale of significant interests in 34 loans
    in its European loan portfolio to GE Real Estate for a sale price of
    approximately $896 million.

    The sale price represents a loss of approximately $65 million from
    the valuation of the interests sold in these 34 loans as of Dec. 31

    2007. Capmark intends to use the net proceeds from this sale to repay
    outstanding debt and for general corporate purposes.

    This transaction follows the sale on April 4, 2008 of significant
    interests in five large loans in Capmark´s European loan portfolio to
    GE Real Estate for a sale price of approximately $910 million.

    Gregory McManus, executive vice president and chief financial
    officer of Capmark, said, "The completion of this sale combined with
    the prior sales of European portfolio loans provides us with
    substantial liquidity for debt reduction and for investment
    opportunities at attractive risk-adjusted returns."

    About Capmark(R):

    Capmark is a global, diversified company that provides a broad
    range of financial services to investors in commercial real
    estate-related assets. Capmark has three core businesses: lending and
    mortgage banking, investments and funds management, and loan
    servicing. Capmark operates in North America, Europe and Asia.

    Forward-Looking Statements

    Certain statements in this release may constitute forward-looking
    statements. These statements are based on management´s current
    expectations and beliefs but are subject to a number of factors and
    uncertainties that could cause actual results to differ materially
    from those described in the forward-looking statements. These risks
    and uncertainties include, among others, adverse changes in debt and
    capital markets conditions, which may adversely impact Capmark´s
    access to capital on acceptable terms or the value or salability of
    our investment securities or real estate equity investments; interest
    rate and credit spread fluctuations; adverse changes in commercial
    real estate markets; changes in general economic and business
    conditions, which will, among other things, affect the amount Capmark
    may earn on products and services and the availability and credit
    worthiness of its customers; changes in applicable laws and
    regulations; risks posed by competition; currency risks and other
    risks associated with international markets.

    Such forward-looking statements are made only as of the date of
    this release. Capmark expressly disclaims any obligation or
    undertaking to release publicly any updates or revisions to any
    forward-looking statements contained herein to reflect any change in
    Capmark´s expectations with regard thereto or changes in events

    conditions, or circumstances on which any such statement is based.

    For more information about Capmark, visit www.capmark.com.