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Press Release

Tobin Named GE Senior Counsel for Transactions

November 29, 2004

FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 29, 2004--Briggs L. Tobin has been named GE's Senior Counsel for Transactions, the company announced today. He succeeds Pamela Daley, who became GE vice president for corporate business development.
As senior counsel, Tobin, 43, will lead all corporate legal work on mergers and acquisitions and other transactions, including negotiations, due diligence and integration.
"Briggs Tobin is a superb transactions lawyer who has consistently demonstrated his superior ability to master the most complex of deals and successfully lead them to resolution," said Brackett B. Denniston, GE vice president and general counsel.
Tobin has been counsel in GE's corporate mergers and acquisitions group since 2001 and has played key roles in major GE transactions, including the 2002 sale of GE Global Exchange Services, the initial public offering of Genworth Financial this year and the sale last month of a majority interest of GE Capital International Services (Gecis).
Before joining GE's corporate legal group, Tobin served as mergers and acquisitions counsel at GE Energy. He joined GE in 1999 from McKenna, Long & Aldridge in Atlanta, where he was partner.
Tobin is a graduate of Yale University and Emory University Law School, where he was executive managing editor of the Emory Law Journal. Following his graduation from law school in 1989, he clerked for U.S. District Court Judge Morey Sear in New Orleans, Louisiana.
Tobin and his wife Jessica live in Ridgefield, Connecticut with their two children.
GE (NYSE: GE) is a diversified technology, media and services company dedicated to creating products that make life better. GE operates in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
Caution Concerning Forward-Looking Statements
This document contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties arise from the behavior of financial markets, including fluctuations in interest rates and commodity prices, from future integration of acquired businesses, from future financial performance of companies in the airline industry, from unanticipated loss development in our insurance businesses, from future consequences of possible terrorist acts, and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. We do not undertake to update these forward-looking statements.

--30--JTP/ny*

CONTACT:

General Electric, Fairfield

Linda Boff, 203-373-2989

[email protected]


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