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04/17/2003

iStar Financial to Announce First Quarter 2003 Earnings on April 24, 2003

NEW YORK, April 17 /PRNewswire-FirstCall/ -- iStar Financial Inc. (NYSE: SFI) will host a conference call to discuss first quarter 2003 earnings at 11:00 a.m. ET on Thursday, April 24, 2003. This conference call will be broadcast live over the Internet and can be accessed by all interested parties through iStar Financial's website, www.istarfinancial.com, under the "investor relations" section. To listen to the live call, please go to the website's "investor relations" section at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the iStar Financial website. The replay will be archived.

iStar Financial is the leading publicly traded finance company focused on the commercial real estate industry. The Company provides custom-tailored financing to high-end private and corporate owners of real estate nationwide, including senior and junior mortgage debt, senior, mezzanine and subordinated corporate capital, and corporate net lease financing. The Company, which is taxed as a real estate investment trust, seeks to deliver a strong dividend and superior risk-adjusted returns on equity to shareholders by providing innovative and value-added financing solutions to its customers. Additional information on iStar Financial is available on the Company's website at www.istarfinancial.com.

SOURCE  iStar Financial Inc.
    -0-                             04/17/2003
    /CONTACT:  Catherine D. Rice, Chief Financial Officer, Andrew C.
Richardson, Executive Vice President, Capital Markets, or Erin C. Gatewood,
Associate, Investor Relations, all of iStar Financial, +1-212-930-9400/
    /Web site:  http://www.istarfinancial.com /
    (SFI)

CO:  iStar Financial Inc.
ST:  New York
IN:  FIN
SU:  CCA



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5588 04/17/2003 07:31 EDT http://www.prnewswire.com 
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