Capmark Completes Sale of European Loan Portfolio to GE Real Estate

Capmark Financial Group Inc. ("Capmark") announced today that itssubsidiaries completed the sale of significant interests in 34 loansin its European loan portfolio to GE Real Estate for a sale price ofapproximately $896 million. The sale price represents a loss of approximately $65 million fromthe 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 repayoutstanding debt and for general corporate purposes. This transaction follows the sale on April 4, 2008 of significantinterests in five large loans in Capmark´s European loan portfolio toGE Real Estate for a sale price of approximately $910 million. Gregory McManus, executive vice president and chief financialofficer of Capmark, said, "The completion of this sale combined withthe prior sales of European portfolio loans provides us withsubstantial liquidity for debt reduction and for investmentopportunities at attractive risk-adjusted returns." About Capmark(R): Capmark is a global, diversified company that provides a broadrange of financial services to investors in commercial realestate-related assets. Capmark has three core businesses: lending andmortgage banking, investments and funds management, and loanservicing. Capmark operates in North America, Europe and Asia. Forward-Looking Statements Certain statements in this release may constitute forward-lookingstatements. These statements are based on management´s currentexpectations and beliefs but are subject to a number of factors anduncertainties that could cause actual results to differ materiallyfrom those described in the forward-looking statements. These risksand uncertainties include, among others, adverse changes in debt andcapital markets conditions, which may adversely impact Capmark´saccess to capital on acceptable terms or the value or salability ofour investment securities or real estate equity investments; interestrate and credit spread fluctuations; adverse changes in commercialreal estate markets; changes in general economic and businessconditions, which will, among other things, affect the amount Capmarkmay earn on products and services and the availability and creditworthiness of its customers; changes in applicable laws andregulations; risks posed by competition; currency risks and otherrisks associated with international markets. Such forward-looking statements are made only as of the date ofthis release. Capmark expressly disclaims any obligation orundertaking to release publicly any updates or revisions to anyforward-looking statements contained herein to reflect any change inCapmark´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.

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