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Press Release

GE Completes Phase One Installation of Combustion Optimization System at Kansas Power Plant

May 21, 2003

DOE-sponsored project to significantly reduce NOx emissions

ATLANTA, GEORGIA (May 21, 2003) --- GE Power Systems recently completed the first stage installation of its combustion optimization system at Sunflower Electric Power Corporation's Holcomb Station in Finney County, Kansas.
A combination of high-tech combustion modifications, sensors, software and sophisticated control systems will allow the 360 MW coal-fired power plant to reduce nitrogen oxide (NO

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GE Power Systems Enhances Its D25 Multifunction IED for Substation Control

May 21, 2003

ATLANTA, GEORGIA (May 21, 2003) --- GE Power Systems has announced that its Substation Automation Solutions business has enhanced its existing D25 multifunction intelligent electronic device (IED) for substation control by adding several new features that increase the flexibility of the appliance, improve performance and ultimately reduce lifetime ownership costs for the end user. The enhanced IED product, the D25 generation 4, is available immediately.


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GE to Provide LM2500+ for Combined Cycle Project in Ankara, Turkey

May 21, 2003

HOUSTON, TEXAS (May 21, 2003) --- GE Aero Energy, a GE Power Systems business, has received a contract from Gama Boiler Technology of Ankara, Turkey to provide one LM2500+ with Dry Low Emissions (DLE) gas turbine-generator set.


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GE Consumer Finance and Workhorse Custom Chassis Launch National Chassis Finance Program; GE Distribution Finance Unit Expands in Trucking and Automotive Industry

May 20, 2003

STAMFORD, Conn.--(BUSINESS WIRE)--May 20, 2003--Workhorse Custom Chassis and GE Distribution Finance, the commercial arm of GE Consumer Finance, have signed a multi-year agreement, creating a national Chassis Finance Program for qualified Workhorse dealers. Workhorse, with headquarters in Union City, Indiana, is one of the industry's leading manufacturers of chassis for commercial step vans.


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

May 20, 2003

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

FLORENCE, Italy--(BUSINESS WIRE)--May 20, 2003--


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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.


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GE Begins Union Contract Talks

May 19, 2003

NEW YORK--(BUSINESS WIRE)--May 19, 2003--The General Electric Company today began negotiations on new national contracts with the International Union of Electronic Workers/Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE). Separate talks will be held with each union. The current three-year contracts with the unions expire at midnight on June 15.


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GE Corporate Lending Serves as Lead Agent for NRG Energy's $250 Million DIP Financing

May 19, 2003

CHICAGO--(BUSINESS WIRE)--May 19, 2003--GE Corporate Lending is serving as the lead agent for the $250 million debtor-in-possession financing facility secured by NRG Energy, Inc. in connection with NRG's voluntary filing on May 15 for reorganization under Chapter 11 of the U.S. Bankruptcy Code.


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The 48 Hour DVD','Flexplay Introduces `EZ-D', 'The 48 Hour DVD

May 19, 2003

PITTSFIELD, Mass.--(BUSINESS WIRE)--May 19, 2003-- EZ-D Will Feature Titles from Buena Vista Home Entertainment Including The Recruit, The Hot Chick, 25th Hour, Frida & Signs -- Flexplay Technologies, Inc, a privately held company based in New York, today announced that Buena Vista Home Entertainment Division of The Walt Disney Company (NYSE: DIS) will use its flexible time play DVD technology to make movies available to consumers in test markets beginning this August.


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GE Reports $2 Billion in New Orders/Commitments Worldwide since Acquiring Wind Company in 2002

May 19, 2003

GE Reports $2 Billion in New Orders/Commitments Worldwide since Acquiring Wind Company in 2002

AUSTIN, Texas--(BUSINESS WIRE)--May 19, 2003--


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