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Press Release

GE Commercial Finance Corporate Lending Names Randy Hicks Managing Director for East Region

June 21, 2005

NORWALK, Conn.--(BUSINESS WIRE)--June 21, 2005--GE Commercial Finance Corporate Lending today named Randy Hicks Managing Director for its East Region. He will be responsible for developing and maintaining client relationships along the east coast, including many southern states, and extending as far west as Ohio.

"We're very pleased that Randy Hicks will be our leading force within the East Region," said Willie Brasser, General Manager, GE Commercial Finance Corporate Lending. "His strong track record and innovative thinking have been a hallmark of his tenure with GE Commercial Finance."

Randy Hicks has held a variety of sales and leadership roles with GE Commercial Finance's Commercial Equipment Financing group since joining the company in 1993. Most recently, he served as Managing Director, Commercial & Industrial Finance for the Central Region. Prior to joining GE, Mr. Hicks held sales positions with US West Capital Corporation and First New Hampshire Resources. He holds a Bachelors degree in Finance from Babson College.

About GE Commercial Finance Corporate Lending

GE Commercial Finance Corporate Lending offers financing to clients from middle-market companies to large corporations. Products and services include asset-based financing, cash flow lending and corporate restructuring. Corporate Lending is a leading global provider of financing solutions for investment and non-investment grade companies - committed to supporting clients at all stages of the business cycle. For more information on the businesses and products of GE Commercial Finance Corporate Lending, please visit www.gelending.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $230 billion and is headquartered in Stamford, Connecticut. GE (NYSE: 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 website at www.ge.com.

Contacts

GE Commercial Finance
Ned Reynolds, 203-229-5717
or
TorranceCo
Mark Prindle, 212-786-6132

Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340


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