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Press Release

GE Oil & Gas to Supply Compression Units, Services for Three Pipeline Stations in Italy

May 20, 2003

FLORENCE, ITALY (May 20, 2003) --- GE Oil & Gas has signed a contract with Snam Rete Gas to supply three new compression units and services for three compression stations (Gallese, Tarsia and Melizzano) that are part of the Snam Rete Gas nationwide gas pipeline network in Italy.
Under the contract, valued at US$43 million, the first unit is scheduled to be shipped in the first quarter of 2004, with commercial operation set to begin during the third quarter of that year. The equipment will be manufactured at the GE Oil & Gas facility in Florence, Italy.
Each of the three compression units will include a GE PGT-25 gas turbine with an ISO-rated power output of 23 megawatts, and a PCL602 centrifugal compressor. The units will be supplied with a predictive emissions monitoring system for continuous NO

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