Donald J. MacKinnon Resigns from CRIIMI MAE Board After Accepting New Position

Donald J. MacKinnon Resigns from CRIIMI MAE Board After Accepting New Position 


ROCKVILLE, Md., Jan. 9  /PRNewswire-FirstCall/ -- CRIIMI MAE Inc.  announced
that Donald J. MacKinnon has resigned from the Board of Directors of CRIIMI MAE
Inc. effective January 6, 2004.

Mr. MacKinnon stated in his resignation letter that he has accepted a position
as a Managing Director for Nomura Securities International.  "Nomura compliance
requirements as well as the fact that I may seek to engage in business
activities with CRIIMI in the future dictate that I must resign from my position
on the Board," Mr. MacKinnon wrote in his resignation letter to CRIIMI MAE
chairman Barry S. Blattman.

On behalf of the Company and its stockholders, Mr. Blattman thanked Mr.
MacKinnon for his service and expertise he provided as a member of CRIIMI MAE's
Board of Directors.  "We wish him the very best in his future endeavors," said
Mr. Blattman.

For further information, shareholders and securities brokers should contact
CRIIMI MAE Inc at [phone], e-mail  and news media should contact James
Pastore, Pastore Communications Group LLC, at [phone], e-mail . 

DATASOURCE: CRIIMI MAE Inc.



CONTACT:  For shareholders and securities brokers: Susan B. Railey of

CRIIMI MAE Inc., [phone], or For news media: James T. Pastore,

[phone], for CRIIMI MAE Inc.



Web site:  http://www.criimimaeinc.com/

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