ROCKVILLE, Md., Aug. 3 /PRNewswire-FirstCall/ -- The board of directors of CRIIMI MAE Inc. (NYSE:CMM) set an August 25, 2005 record date for shareholders entitled to vote at the 2005 annual meeting of shareholders scheduled be held at the Benjamin Hotel, New York, New York, on Tuesday, October 18, 2005. For further information, shareholders and securities brokers should contact Susan Railey at (301) 255-4740, e-mail , and news media should contact James Pastore, Pastore Communications Group LLC at (202) 546-6451, e-mail DATASOURCE: CRIIMI MAE Inc. CONTACT: For shareholders and securities brokers: Susan B. Railey of CRIIMI MAE Inc., +1-301-468-3120; or for news media: James T. Pastore, +1-202-546-6451, for CRIIMI MAE Inc. Web site: http://www.criimimaeinc.com/

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