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Press Release

GE Women's Network spreads to Middle East

November 24, 2004

Global company launches regional female leadership strategy with Middle East branch of GEWN

Dubai, November 24, 2004: General Electric (GE) today announced that its Middle East division has set up a GE Women's Network (GEWN) regional group to spearhead a new leadership initiative. The GEWN, which reflects the company's commitment to women's professional development and career growth, is a voluntary organisation aimed at fostering the advancement of female leaders throughout its businesses.


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WinWholesale is Playing to Win with Business CreditServices; GE Unit Signs Agreement with National Wholesale Distributor

November 23, 2004

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Nov. 23, 2004--WinWholesale, Inc., (WinWholesale) and Business Credit Services, a unit of GE that provides innovative, business-to-business finance programs, recently signed an exclusive agreement to provide receivables management and marketing solutions to WinWholesale customers, through an open account trade credit program. The new program will be introduced to WinWholesale's nationwide customer base and is expected to help the company extend its market reach, increase operating efficiencies, lower expenses and free working capital.


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GE Commercial Finance Corporate Lending Provides$173.5 Million in Financing to U. S. Steel; Serves as Co-Lead Arrangerof $600 Million Senior Secured Facility

November 23, 2004

NORWALK, Conn.--(BUSINESS WIRE)--Nov. 23, 2004--GE Commercial Finance Corporate Lending announced it has provided $173.5 million in financing to United States Steel Corporation (NYSE:X).
The financing commitment from GE Commercial Finance is part of $600 million senior secured revolving loan facility, for which GE served as Co-Lead Arranger, Co-Syndication Agent and Co-Collateral Agent. GE Commercial Finance will hold its entire financing amount. The U. S. Steel facility, which replaced an existing loan facility, closed on October 22nd.


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GE Energy liefert 42 Windenergieanlagen für fünf Projekte in Italien

November 23, 2004

LONDON, ENGLAND - 23. November 2004 - GE Energy wird 42 Windenergieanlagen (WEA) der 1,5 MW-Klasse für fünf Projekte in Süditalien liefern und damit 63 MW an zusätzlicher Leistung für das lokale Stromnetz bereitstellen.
Eigner der Projekte, die im 180 Kilometer nordöstlich von Neapel gelegenen Troja realisiert werden sollen, sind: Vento Energia, Bergamo Energia, Sistemi Energetici und Eolo Puglia. Troja ist als eine der windreichsten Regionen Italiens bekannt.
Die Projekte im Überblick:


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GE ist Nummer eins

November 23, 2004

GE zum siebten Mal in Folge zum renommiertesten Unternehmen weltweit gewählt

Die internationale Untersuchung von PricewaterhouseCoopers (PwC) und der Financial Times (FT) zeigt, dass GE seit sieben Jahren die Liste der renommiertesten Unternehmen weltweit anführt.
Die wichtigsten Ergebnisse der aktuellen Untersuchung, die PwC gemeinsam mit derFT erstellt hat finden Sie hier zum Download. Befragt wurden ca. 1.000 geschäftsführende Manager aus 25 Ländern.


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GE Healthcare and Fujitsu Sign Contract to Digitise NHS Hospitals in Southern England

November 22, 2004

CHALFONT ST GILES, United Kingdom--(BUSINESS WIRE)--Nov. 22, 2004--GE Healthcare, a division of General Electric (NYSE:GE), today announced that it has signed a contract with Fujitsu Services Ltd., the designated Local Service Provider for the southern region of the National Health Service's (NHS's) National Programme for IT.


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GE Engine Services Awarded Maintenance Contract From LAN Airlines

November 22, 2004

November 22, 2004 -- EVENDALE, OHIO -- LAN Airlines, one of the leading airlines in Latin America, has awarded GE Engine Services a five-year engine maintenance contract for the CF6-80C2 engines that power part of its Boeing 767-300 fleet.


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GE Commercial Finance Agrees to AcquireCitiCapital's Transportation Financial Services Group for $4.4 Billion

November 22, 2004

Acquisition Significantly Enhances GE Commercial Finance's Transportation Finance Business


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Demand for Fast, Secure Check-CashingPropels CashWorks Growth; Number of CashWorks Locations Jumps 15Percent in Two Months

November 17, 2004

DALLAS--(BUSINESS WIRE)--Nov. 17, 2004--CashWorks, Inc., a GE Consumer Finance company and leading provider of automated check-cashing and prepaid solutions, announced today it is now operating in more than 3,100 locations nationwide, a 15 percent increase since mid-September.


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GE Global Research to Lead DOE Projects in Production Of Hydrogen; Projects are Part of $75 Million Research Effort Announced by DOE to Support the President's Hydrogen Fuel Initiative

November 17, 2004

FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 17, 2004--GE Global Research, the centralized research organization of the General Electric Company (NYSE:GE), announced that it was selected by the Department of Energy (DOE) to lead $11 million of research projects in the development of hydrogen as a fuel source. The programs are focused on near and long term solutions for the production of hydrogen with sustainable, clean technologies. GE Global Research will contribute approximately $2.5 million to the projects with the balance coming from DOE and other industry partners.


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