Spreadsheet: 70b5c46a-c717-475b-8c64-c4c0c84644dc
Sheet: Sheet1

Unnamed: 0 | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10 | Unnamed: 11 | Unnamed: 12 | Unnamed: 13 | Unnamed: 14 | Unnamed: 15 | Unnamed: 16 | Unnamed: 17 | Unnamed: 18 | Unnamed: 19 | Unnamed: 20 | Unnamed: 21 | Unnamed: 22 | Unnamed: 23 | Unnamed: 24 | Unnamed: 25 | Unnamed: 26 | Unnamed: 27 | Unnamed: 28 | Unnamed: 29 | Unnamed: 30 | Unnamed: 31
REIT Name: | RAIT Financial Trust
 |  |  |  |  | Data requested by ICI and SIFMA
Primary Layout Report Date: | 2008-01-28 00:00:00 |  |  |  | DUE JANUARY 9, 2008
This spreadsheet and the accompanying instructions do not constitute, and should not be considered a substitute for, legal advice.  The rules governing the proper tax characterization of distributions by REITs can be complex.
Please list Securities in [NAME] (Skip Rows Between Entries)
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32
 |  |  |  |  |  |  |  |  |  | Year Included in Shareholders' Income |  |  |  | Form 1099 Box 1a Breakdown |  | Box 1a Total |  | Form 1099 Box 1b Breakdown |  | Box 1b Total | Box 2a | Box 2b | Box 2c | Box 2d | Box 3 | Box 6 | Box 8 | Box 9 |  |  | CUSIP
Security |  |  |  |  |  |  |  |  | Total |  |  |  |  |  | Foreign | Ordinary | Qualified | Qualified | Qualified | Qualified | Total Capital | Unrecap |  |  |  | Foreign | Cash | Noncash | Exempt | Percentage | Number
Description |  | Ticker | Estimated | Reclass | Corrected | Record | Ex-Dividend | Payable | Distribution | 2006 | 2008 | 2007 | Income | Short-term | Tax | Dividends | Income | Short-term | Foreign Tax | Dividends | [NAME]. | Sec. 1250 | Section 1202 | Collectibles | Nondividend | Tax | Liquidation | Liquidation | Interest | of AMT | Change
(Fund Name) | CUSIP | Symbol | (E) | (R) | (C) | Date | Date | Date | Per Share | (Prior Year) | (Next Year) | (Current Year) | Dividends | Capital Gain | Paid | (14+15+16) | Dividends | Gains | Paid | (18+19+20) |  | Gain | Gain | (28%) Gain | Distributions | Paid | Distr | Distr | Dividends | in Column 30 | (M) or (Y)
 |  |  |  |  |  |  |  |  | (11+12+13) |  |  | (14+15+22+26+28+29)
Common shares | 749227104 | RAS |  |  |  | 2007-03-29 00:00:00 | 2007-03-27 00:00:00 | 2007-04-13 00:00:00 | 0.8 |  |  | 0.8 | 0.7879 |  |  | 0.7879 | 0.0394 |  |  | 0.0394 | 0.0034 |  |  |  | 0.0087
Common shares | 749227104 | RAS |  |  |  | 2007-06-28 00:00:00 | 2007-06-26 00:00:00 | 2007-07-13 00:00:00 | 0.84 |  |  | 0.84 | 0.8272999999999999 |  |  | 0.8272999999999999 | 0.0414 |  |  | 0.0414 | 0.0036 |  |  |  | 0.0091
Common shares | 749227104 | RAS |  |  |  | 2007-09-21 00:00:00 | 2007-09-19 00:00:00 | 2007-10-12 00:00:00 | 0.46 |  |  | 0.46 | 0.453 |  |  | 0.453 | 0.0227 |  |  | 0.0227 | 0.002 |  |  |  | 0.005
Common shares | 749227104 | RAS |  |  |  | 2007-12-17 00:00:00 | 2007-12-13 00:00:00 | 2008-01-14 00:00:00 | 0.46 |  | 0.46 | 0 | 0 |  |  | 0 | 0 |  |  | 0 | 0 |  |  |  | 0
TOTALS |  |  |  |  |  |  |  |  | 2.56 |  | 0.46 | 2.1 | 2.0682 |  |  | 2.0682 | 0.1035 |  |  | 0.1035 | 0.009 | 0 |  |  | 0.0228
Preferred shares - Series A | 749227203 | RAS PrA |  |  |  | 2007-03-01 00:00:00 | 2007-02-27 00:00:00 | 2007-04-02 00:00:00 | 0.4844 |  |  | 0.4844 | 0.4834 |  |  | 0.4834 | 0.0117 |  |  | 0.0117 | 0.001 |  |  |  | 0
Preferred shares - Series A | 749227203 | RAS PrA |  |  |  | 2007-06-01 00:00:00 | 2007-05-30 00:00:00 | 2007-07-02 00:00:00 | 0.4844 |  |  | 0.4844 | 0.4834 |  |  | 0.4834 | 0.0117 |  |  | 0.0117 | 0.001 |  |  |  | 0
Preferred shares - Series A | 749227203 | RAS PrA |  |  |  | 2007-09-04 00:00:00 | 2007-08-30 00:00:00 | 2007-10-01 00:00:00 | 0.4844 |  |  | 0.4844 | 0.4834 |  |  | 0.4834 | 0.0117 |  |  | 0.0117 | 0.001 |  |  |  | 0
Preferred shares - Series A | 749227203 | RAS PrA |  |  |  | 2007-12-03 00:00:00 | 2007-11-29 00:00:00 | 2007-12-31 00:00:00 | 0.4844 |  |  | 0.4844 | 0.4834 |  |  | 0.4834 | 0.0117 |  |  | 0.0117 | 0.001 |  |  |  | 0
TOTALS |  |  |  |  |  |  |  |  | 1.9376 |  |  | 1.9376 | 1.9336 |  |  | 1.9336 | 0.0468 |  |  | 0.0468 | 0.004 | 0 |  |  | 0
Preferred shares - Series B | 749227302 | RAS PrB |  |  |  | 2007-03-01 00:00:00 | 2007-02-27 00:00:00 | 2007-04-02 00:00:00 | 0.5234 |  |  | 0.5233999999999999 | 0.5221999999999999 |  |  | 0.5221999999999999 | 0.0136 |  |  | 0.0136 | 0.0012 |  |  |  | 0
Preferred shares - Series B | 749227302 | RAS PrB |  |  |  | 2007-06-01 00:00:00 | 2007-05-30 00:00:00 | 2007-07-02 00:00:00 | 0.5234 |  |  | 0.5233999999999999 | 0.5221999999999999 |  |  | 0.5221999999999999 | 0.0136 |  |  | 0.0136 | 0.0012 |  |  |  | 0
Preferred shares - Series B | 749227302 | RAS PrB |  |  |  | 2007-09-04 00:00:00 | 2007-08-30 00:00:00 | 2007-10-01 00:00:00 | 0.5234 |  |  | 0.5233999999999999 | 0.5221999999999999 |  |  | 0.5221999999999999 | 0.0136 |  |  | 0.0136 | 0.0012 |  |  |  | 0
Preferred shares - Series B | 749227302 | RAS PrB |  |  |  | 2007-12-03 00:00:00 | 2007-11-29 00:00:00 | 2007-12-31 00:00:00 | 0.5234 |  |  | 0.5233999999999999 | 0.5221999999999999 |  |  | 0.5221999999999999 | 0.0136 |  |  | 0.0136 | 0.0012 |  |  |  | 0
TOTALS |  |  |  |  |  |  |  |  | 2.0936 |  |  | 2.093599999999999 | 2.0888 |  |  | 2.0888 | 0.0544 |  |  | 0.0544 | 0.0048 | 0 |  |  | 0
Preferred shares - Series C | 749227500 | RAS PrC |  |  |  | 2007-09-04 00:00:00 | 2007-08-30 00:00:00 | 2007-10-01 00:00:00 | 0.5239 |  |  | 0.5239 | 0.5227 |  |  | 0.5227 | 0.0137 |  |  | 0.0137 | 0.0012 |  |  |  | 0
Preferred shares - Series C | 749227500 | RAS PrC |  |  |  | 2007-12-03 00:00:00 | 2007-11-29 00:00:00 | 2007-12-31 00:00:00 | 0.5547 |  |  | 0.5547 | 0.5534 |  |  | 0.5534 | 0.0153 |  |  | 0.0153 | 0.0013 |  |  |  | 0
TOTALS |  |  |  |  |  |  |  |  | 1.0786 |  |  | 1.0786 | 1.0761 |  |  | 1.0761 | 0.029 |  |  | 0.029 | 0.0025 | 0 |  |  | 0