Exhibit 1
JOINT FILING AGREEMENT
This will confirm the agreement by and between all of the undersigned
that the Schedule 13G filed on or about this date with respect to the beneficial
ownership by the undersigned of Class A Common Shares of Beneficial Interest of
Capital Trust is being, and any and all amendments to such Schedule may be,
filed on behalf of each of the undersigned. This Agreement may be executed in
two or more counterparts, each of which will be deemed an original, but all of
which together shall constitute one and the same instrument.
Dated: August 7, 1998
GENERAL MOTORS SALARIED EMPLOYES
PENSION TRUST
MANAGEMENT CORPORATION
By: General Motors Investment Management
Corporation, Investment Manager
By: /s/ R. Xxxxxxx Xxxxxxxxxx
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Name: R. Xxxxxxx Xxxxxxxxxx
Title: Managing Director
GENERAL MOTORS HOURLY-RATE
EMPLOYES PENSION TRUST
By: General Motors Investment Management
Corporation, Investment Manager
By: /s/ R. Xxxxxxx Xxxxxxxxxx
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Name: R. Xxxxxxx Xxxxxxxxxx
Title: Managing Director
GENERAL MOTORS INVESTMENT
MANAGEMENT CORPORATION
By: /s/ R. Xxxxxxx Xxxxxxxxxx
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Name: R. Xxxxxxx Xxxxxxxxxx
Title: Managing Director
