X0201 4 2004-03-19 0 0001045425 RAIT INVESTMENT TRUST RAS 0001170822 PROMISLO DANIEL C/O RAIT PARTNERSHIP, L.P. 1818 MARKET ST., 28TH FL. PHILADELPHIA PA 19103 0 0 0 1 Trustee 7.75% Series A Cumulative Redeemable Preferred Shares 2004-03-19 4 P 0 4000.0000 24.5000 A 4000.0000 I By plan These shares were purchased by the Historic Souvenir Co. MPP Plan dated December 21, 1995. The reporting person is the sole trustee and beneficiary of this plan. /S/ Daniel Promislo 2004-03-19