X0101 42003-06-060001045425RAIT INVESTMENT TRUST RAS0001168756COHEN JONATHAN Z 0101SecretaryTrusteeCommon Shares of Beneficial Interest2003-06-065G0E11630D31277DThe Reporting Person indirectly owns 666 common shares of beneficial interest in his 401(k) plan account following the reported transaction. The amount of securities in column 5 excludes common shares of beneficial interest held by Resource America, Inc. of which the Reporting Person is the Chief Operating Officer. The Reporting Person disclaims beneficial ownership of the common shares of beneficial interest held by Resource America, Inc./S/ Jonathan Z. Cohen2003-06-11