iStar Financial 7.8% Cumulative, Redeemable Preferred Stock

S&P Rating   CCC+    Moodys Rating   Caa3

Security Ticker Symbol   STAR-F

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 12/15/2003

Quarterly Dividend   .488   Annual Dividend   1.950

Securities may be redeemed, at the issuers option, as early as 08/29/2008  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)

Maturity Date   None

Company Investor Relations Page for iStar Financial

Below you can find the offering Prospectus and/or Final Pricing Document