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02/07/2001

iStar Financial to Announce Fourth Quarter Earnings on February 14

NEW YORK, Feb. 7 /PRNewswire/ -- iStar Financial Inc. (NYSE: SFI), the leading publicly-traded finance company focused on the commercial real estate industry, today announced that it will host a fourth quarter earnings conference call at 11:00 Eastern time on Wednesday, February 14, 2001. This conference call will be broadcast live over the Internet and can be accessed by all interested parties through iStar Financial's Web site, www.istarfinancial.com, under the "investor information" section. To listen to the live call, please go to the Web site's "investor information" section at least 15 minutes prior to the start of the call to register, download, and install any necessary audio software. For those who are not available to listen to the live broadcast, a replay will be available shortly after the call on the iStar Financial Web site. The replay will be archived for sixty days. SOURCE iStar Financial Inc.

CONTACT: Spencer B. Haber, Executive Vice President and CFO, or Lianne A. Merchant, Vice President, Investor Relations, both of iStar Financial Inc., 212-930-9400/

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