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Plamen Mitrikov was elected in December 2006 to serve as Executive Vice President - Asset Management of RAIT. Mr. Mitrikov has served as Taberna’s Executive Vice President - Asset Management since April 4, 2006. Under Mr. Mitrikov’s lead, RAIT closed its first European real estate CDO in January 2007. From April 2003 to February 2006, Mr. Mitrikov held various positions, including that of vice president and director, in the Structured Credit Products Group at Merrill Lynch specializing in trust preferred and asset-backed securities CDOs. Prior to joining Merrill Lynch, Mr. Mitrikov worked at Credit Suisse First Boston and Prudential Securities Asset Finance. While at Credit Suisse First Boston, Mr. Mitrikov worked on structuring home-equity transactions in the Asset Finance Group until 2002, when he joined the CDO group and concentrated on trust preferred CDOs. | 