Insider Trades - SALMON JACK

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SALMON JACK: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
RAIT FINANCIAL TRUST Officer NYSE:RAS (historical quotes, profile, SEC, other insiders)	26-Jan-10 25-Nov-08	265,017 3,000 268,017	Direct Indirect Total

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
26-Jan-10 160,000 RAS Acquisition (Non Open Market) at $0 per share.
11-Jun-09 7,500 RAS Sale at $1.40 per share.
(Proceeds of $10,500)
28-Nov-08 2,000 RAS Purchase at $2.26 - $5.87 per share.
25-Nov-08 *2,500 RAS Acquisition (Non Open Market) at $0 per share.
25-Nov-08 12,500 RAS Disposition (Non Open Market) at $0 per share.
28-Aug-08 2,000 RAS Purchase at $5.99 - $6 per share.
(Cost of about $12,000)
27-Aug-08 1,000 RAS Purchase at $5.77 - $12.39 per share.

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
26-Jan-10	160,000	RAS	Acquisition (Non Open Market) at $0 per share.
11-Jun-09	7,500	RAS	Sale at $1.40 per share. (Proceeds of $10,500)
28-Nov-08	2,000	RAS	Purchase at $2.26 - $5.87 per share.
25-Nov-08	*2,500	RAS	Acquisition (Non Open Market) at $0 per share.
25-Nov-08	12,500	RAS	Disposition (Non Open Market) at $0 per share.
28-Aug-08	2,000	RAS	Purchase at $5.99 - $6 per share. (Cost of about $12,000)
27-Aug-08	1,000	RAS	Purchase at $5.77 - $12.39 per share.