FAIRFIELD, Conn. -- June 21, 2007 -- GE today issued the following statement regarding its recent discussions with Pearson regarding Dow Jones:
GE and NBC Universal are always evaluating opportunities to enhance our businesses and shareowner value, particularly when they involve superior global brands such as CNBC, the Financial Times Group and Dow Jones. GE and CNBC recently held exploratory discussions with Pearson regarding a possible combination of these properties. Following these discussions, GE and Pearson have decided not to pursue this combination. Pearson and NBC Universal continue to discuss cooperative agreements between CNBC and the Financial Times Group.
About GE
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 http://www.ge.com.
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GE
Gary Sheffer
(203) 373-3476
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