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Press Release

GE Appoints Four New Company Officers

March 29, 2012

FAIRFIELD, Conn. --- March 29, 2012 -- GE today announces the appointment of four new company officers. GE currently has 199 officers globally who lead large revenue generating businesses or are in critical functional roles, helping to drive growth.

FAIRFIELD, Conn.--29 March 2012-- GE today announces the appointment of four new company officers. GE currently has 199 officers globally who lead large revenue generating businesses or are in critical functional roles, helping to drive growth.

Below are the details of the new officers:

Jose Ignacio Garcia,39, has been named vice president and chief financial officer for Latin America, GE Global Growth & Operations. In this role, he leads the finance function driving growth and operational excellence across the region.

Jose has more than 15 years of experience in GE finance, previously serving as the CFO for GE Energy's Power Generation Services business. Prior to that, he was the CFO for GE Hitachi Nuclear Energy, commercial finance leader for GE Power & Water and CFO for GE Energy in China.

Jose earned his graduate degrees from ESADE (Spain), Ecole des Hautes Etudes Commerciales (France) and Brandeis University. He is a graduate of GE's Financial Management Program and the Corporate Audit Staff.

Anne Kennelly Kratky, 50, has been appointed as a GE company officer. She is currently deputy treasurer and chief risk officer for GE Capital Treasury. In this role, she is responsible for providing oversight and management of financial institution and sovereign credit risk, market risk, and enterprise and operational risk for GE's Treasury operation.

Anne has over 28 years of experience at GE Capital in a variety of cross functional roles, with 18 years in Risk Management. Prior to joining Treasury in August 2011, Anne held positions such as chief risk officer (CRO) of GE Capital Aviation Services, CRO of Global Media and Communications and managing director of risk in the Structured Finance business as well as a variety of cross-functional roles and leadership positions in sales and marketing, business development and Six Sigma Quality.

Anne holds a Bachelor's degree in Systems Analysis with a concentration in Finance from Miami University in Ohio and is a graduate of GE's Information Technology Leadership Program.

Khozema Z. Shipchandler, 38, has been named vice president and chief financial officer for the Middle East, North Africa and Turkey, GE Global Growth & Operations. In this role, he leads the finance function, driving growth, development and operational excellence for GE across the region's 24 nations.

Khozema brings more than 15 years of experience to this role, having previously served as the chief financial officer for GE Aviation Services, Aviation Systems, & Military Systems.

Khozema is a graduate of Indiana University as well as GE's Financial Management Program and Corporate Audit Staff.

Marcelo L. Soares, 54, has been named vice president for Latin America, GE Energy. In this role, he is leading GE Energy Latin America, focused on strengthening the business structure and developing the team in the region, while delivering results and solutions to our customers in Latin America.

Marcelo has more than 30 years of experience in GE, serving as the regional leader for Latin America since 2011.

Prior to that position, Marcelo led Global Supply Chain for GE Energy in the same region. During his career with the company, he moved through different positions at GE Celma, a rapidly-growing jet engine overhaul and repair operation facility located in the city of Petropolis, Brazil, where he started as an engineering trainee in 1980 and progressed through several engineering and business management roles of increasing responsibility, until he was named General Manager of Celma in 2001.

Marcelo graduated from the Universidade Catolica De Petropolis with a degree in Mechanical Engineering.

About GE

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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