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Press Release

CareCredit®, a division of GE Money

March 06, 2007

Mississauga, Ontario -- GE Money, the Canadian consumer-lending unit of the General Electric Company (NYSE: GE) announced today that its CareCredit division is adopting a new "look and feel" to its communications to leverage its ties to GE Money as it expands in Canada.

"We are making this change to help consumers better see the association between CareCredit and GE," said Eric Coulson, general manager, Canada, for GE Money -- CareCredit. "Doctors have indicated that knowing CareCredit is backed by GE Money is important to them. Clients and customers will know that they are dealing with an organization that has corporate stability, reliability and a commitment to service excellence."

CareCredit offers no interest and extended payment plan options to assist individuals with costs associated with dentistry and health care, in addition to programs that help with veterinary expenses for pets. Participating clinics and practices are able to take advantage of the following benefits:

"We recognize that financial flexibility can make an enormous difference in the overall medical outcome. Our goal is simply to offer individuals flexible payment solutions, while reducing the business risk to the practice," added Coulson. "The combination of the CareCredit and GE Money brand names gives doctors a sense of confidence that they are entrusting their patients with a financial partner they can count on."

CareCredit's programs offer a comprehensive range of payment plan options including 3-, 6-, 12- and 18-month no interest, and 24-, 36-, 48- and 60-month extended payment plans*. The change to CareCredit will be seamless to existing clients and cardholders.

CareCredit is North America's leading client-financing program at work in more than 70,000 healthcare practices and has been used by more than 6 million clients. For more information about CareCredit or to enrol in the program, health care professionals and individuals are encouraged to call 1-800-300-3046, ext. 4519, or visit www.carecredit.ca.

*Some conditions apply. Subject to approval by GE Money.

With more than $190 billion in assets, GE Money, a unit of General Electric Company, is a leading provider of credit services to consumers, retailers and auto dealers in 50 countries around the world. Based in Mississauga, Ontario, GE Money - Canada provides private label credit card and MasterCard programs to consumers, and lending options for retailers in key industries across the country. GE Money also is a provider of alternative residential mortgages. More information can be found at www.gemoney.ca.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's web site at www.ge.com.

In Canada, GE has more than 10,000 employees, 19 major manufacturing plants and more than 150 sales and service locations across the country.

Russell Wilkerson
GE Capital Managing Director of Communications and Public Affairs
[email protected]
1-203-840-6420
1-203-581-2114


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