Note 26
Other Stock-Related Information

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Stock option activity                      Average per share 

                          Shares subject  Exercise     Market
(shares in thousands)          to option     price      price
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Balance at December 31, 1993      59,354    $36.50     $52.44
  Options granted (a)             15,134     50.66      50.66
  Replacement options                340     36.44      36.44
  Options exercised               (4,163)    30.35      50.58
  Options terminated              (1,167)    44.04         --

Balance at December 31, 1994      69,498    $39.82     $51.00
  Options granted                 12,089     55.88      55.88
  Replacement options                753     41.82      41.82
  Options exercised               (7,784)    31.44      59.21
  Options terminated              (2,119)    47.33         --

Balance at December 31, 1995      72,437    $43.20     $72.00
  Options granted                  9,517     84.77      84.77
  Replacement options              4,311     52.67      52.67
  Options exercised               (9,138)    35.39      86.50
  Options terminated              (2,354)    52.38         --

Balance at December 31, 1996      74,773    $49.72     $98.88
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(a) Without adjusting for the effect of the 2-for-1 stock 
    split in April 1994, the number of options granted during 
    1994 would have been 10,117. 
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Stock option plans, stock appreciation rights (SARs), restricted stock and restricted stock units are described in GE's current Proxy Statement. With certain restrictions, requirements for stock option shares can be met from either unissued or treasury shares.

The replacement options replaced canceled SARs and have identical terms thereto. At year-end 1996, there were 3.3 million SARs outstanding at an average exercise price of $39.28. There were 4.2 million restricted stock shares and restricted stock units outstanding at year-end 1996.

There were 31.1 million and 20.8 million shares available for grants of options, SARs, restricted stock and restricted stock units at December 31, 1996 and 1995, respectively. Under the 1990 Long-Term Incentive Plan, 0.95% of the Company's issued common stock (including treasury shares) as of the first day of each calendar year during which the Plan is in effect becomes available for granting awards in such year. Any unused portion, in addition to shares allocated to awards that are canceled or forfeited, is available for later years.

Outstanding options and SARs expire on various dates through December 20, 2006. Restricted stock grants vest on various dates up to normal retirement of grantees.

GE adopted the disclosure-only option under SFAS No. 123, Accounting for Stock-Based Compensation, as of December 31, 1995. If the accounting provisions of the new Statement had been adopted as of the beginning of 1995, the effects on 1995 and 1996 net earnings would have been immaterial. Further, based on current and anticipated use of stock options, it is not envisioned that the impact of the Statement's accounting provisions would be material in any future period.

The following table summarizes information about stock options outstanding at December 31, 1996.

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Stock options outstanding
(Shares in thousands)
                                                       
                       Outstanding                   Exercisable       
                                        Average            Average
Exercise                      Average  exercise           exercise
price range         Shares   life (a)     price    Shares    price
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$21 5/8 - 33 15/16  10,778       3.4     $29.81    10,778   $29.81
$34 5/16 - 43 1/16  13,970       5.1      37.46    13,959    37.46
$43 1/4 - 51        19,815       6.9      47.43    11,477    45.63
$51 1/16 - 72 3/8   20,819       7.9      54.59     4,192    51.25
$75 3/4 - 102 1/4    9,391       9.6      84.83        --       --
Total               74,773       6.7      49.72    40,406    39.17

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(a) Average contractual life remaining in years.
    At year-end 1995, options with an average exercise price 
    of $35.23 were exercisable on 37 million shares; at year-end 
    1994,options with an average exercise price of $33.43 were 
    exercisable on 38 million shares. 
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Stock options expire 10 years from the date they are granted; options vest over service periods that range from one to five years.