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Press Release

GE Commercial Finance Corporate Lending Names Todd D. Spener as Senior Vice President, Origination

October 26, 2005

NORWALK, Conn.--(BUSINESS WIRE)--Oct. 26, 2005--GE Commercial Finance Corporate Lending today announced that it has appointed Todd D. Spener as Senior Vice President of Origination. Based in St. Louis, Missouri, Mr. Spener will be responsible for originating lending opportunities among corporate customers throughout the states of Missouri and Kansas. He will report to Douglas Vitek, Senior Vice President and Team Leader, Central Region, Corporate Lending.

Mr. Spener most recently served as Managing Director of Carreden Group, a New York City-based specialty investment banking firm handling a broad range of transactions including private placement, exclusive sale, merger and acquisition, structured finance and specialty advisory assignments. Prior to Carreden, he was Vice President and Division Head of Capital Markets Finance for Charter Financial, a specialty finance company affiliated with E. M. Warburg Pincus. Mr. Spener began his career with 10 years of service in various management positions with Bell Atlantic Capital and Bell Atlantic Corporation.

"With his M&A, structured finance, and capital markets experience, Todd will make a significant contribution to our Central Region business development efforts," said Vitek.

Mr. Spener holds a Bachelor of Business Administration degree from Texas Christian University.

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, 212-691-5860

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


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