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Press Release

GE PS Opens State-of-the-Art Gas Turbine Service Centre in Abu Dhabi

April 08, 2002

Dubai, UAE, April 8, 2002 -- GE Power Systems launches a new gas turbine Service Centre in Abu Dhabi today.

The Service Centre will be managed by Gulf Turbine Services - a joint venture between General Electric and Gulf Aircraft Maintenance Company (GAMCO) which was established in November 2001 to carry out repairs on GE and non-GE designed gas turbine components in the UAE.

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GE Tops List of World's Most Admired Companies for Fourth Consecutive Year; - Also ranked America's Most Admired Company for Fifth Straight Year

March 13, 2002

Dubai, UAE, March 13, 2002 ---- The General Electric Company (GE) has been named World's most admired company for the fourth successive year in the annual survey conducted by Fortune Magazine. In addition, it retains its leading position as America's most admired company for the fifth year in a row.

The magazine cites GE's depth of management strength and its consistent performance as reasons for its continuing place atop the list of both world and America's most admired companies.

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Emirates Signs U.S.$1.5 Billion Agreement with GE-P&W Engine Alliance; GE-P&W Engine Alliance to Supply GP7000 for Emirates Airbus A380S

February 28, 2002

Dubai, UAE, February 28, 2002 ---- Emirates, the UAE's national airline, today signed a Memorandum of Understanding (MOU) with the GE-P&W Engine Alliance for its GP7000 family of engines to power 22 firm and 10 option Airbus A380-800 aircraft.

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