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Press Release

2001 Term Sales Hit Five-Year Peak in UK; GEFrankona Re Survey Reveals One in Four Workers Now Have Term Cover

October 21, 2002

2001 Term Sales Hit Five-Year Peak in UK; GE Frankona Re Survey Reveals One in Four Workers Now Have Term Cover LONDON--(BUSINESS WIRE)--Oct. 21, 2002--

The UK term assurance market witnessed tremendous growth in 2001, according to research by GE Frankona Re. Sales for the year grew by 28%, with 1,353,134 new policies generating a total premium income of 380,898,750 Pounds Sterling. The new sales took the total number of in-force policies to 7,078,201 which equates to approximately one in four UK workers now being covered by term assurance.

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GE Commercial Equipment Financing Announces Acquisition of Corporate Aviation Assets From Daimler Chrysler

October 21, 2002

DANBURY, Conn.--(BUSINESS WIRE)--Oct. 21, 2002--GE Commercial Equipment Financing (CEF) has agreed to acquire a portfolio of $448 million of corporate and general aviation financing contracts from debis(a) Financial Services, Inc., a wholly-owned subsidiary of Daimler Chrysler Services AG.

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Healthcare CFOs Give Their Companies a Mixed Diagnosis; GE's Quarterly CFO Survey Shows That Despite Improved Financial Health, Industry Still Cautious About the Future

October 17, 2002

STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 17, 2002--

Interesting Industry Perceptions and Prescriptions for Improvement Revealed

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GECAS Provides JetBlue Airways With Financing For Seven New A320-300 Aircraft

October 16, 2002

STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 16, 2002--GE Capital Aviation Services (GECAS) today announced that it is providing lease financing to JetBlue Airways for seven new Airbus A320-300 aircraft that are scheduled for delivery to the airline beginning in October 2002 and ending in May 2003.

Terms of the financing transaction were not disclosed.
This is the second transaction between GECAS and JetBlue following a secured debt financing completed earlier in the year.

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GECAS Provides JetBlue Airways With FinancingFor Seven New A320-300 Aircraft

October 16, 2002

STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 16, 2002--GE Capital Aviation Services (GECAS) today announced that it is providing lease financing to JetBlue Airways for seven new Airbus A320-300 aircraft that are scheduled for delivery to the airline beginning in October 2002 and ending in May 2003.

Terms of the financing transaction were not disclosed.
This is the second transaction between GECAS and JetBlue following a secured debt financing completed earlier in the year.

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Press Release

Three GE Transportation Systems' Engineers Honored at a SME Technical Conference

October 15, 2002

Three GE Transportation Systems' Engineers Honored At ASME Technical Conference ERIE, Pa.--Oct. 15, 2002--GE Transportation Systems announced today that the American Society of Mechanical Engineers has honored three of its employees.

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GE Completes Acquisition of Ion Track, Inc., Leaders in Advanced Trace Substance Detection, from Castle Harlan,Inc.

October 15, 2002

GE Completes Acquisition of Ion Track, Inc., Leaders in Advanced Trace Substance Detection, from Castle Harlan, Inc. PLAINVILLE, Conn.--(BUSINESS WIRE)--Oct. 15, 2002-- GE expanding in growth markets, investing in advanced technology and security GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE), announced today it has completed its acquisition of Ion Track, Inc., from Castle Harlan, Inc., the New York merchant bank.

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GE Delivers Third-Quarter Earnings of $4.1 Billion On 9% Revenue Growth; Cash Flow Ex-Progress Increases 16%

October 11, 2002

FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 11, 2002--GE's third-quarter 2002 earnings of $4.1 billion, or $.41 per share, increased 25% over third quarter 2001, and year-to-date cash flow from operations, excluding progress collections, increased 16%, GE Chairman and CEO Jeff Immelt announced today.

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Emergency Care Facility To Provide All-Digital, Real-Time Medicine to Patients Miles from a Full-Service Hospital

October 10, 2002

MILWAUKEE & PHOENIX--(BUSINESS WIRE)--Oct. 10, 2002--

Emergency Room Plus, Inc. to use wide spectrum of GE technologies to bring a new concept in collaborative healthcare to communities near Tucson, Ariz.

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GE To Webcast Its Third-Quarter Conference Call

October 09, 2002

FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 9, 2002--GE will Webcast its conference call on third quarter financial results on Friday, October 11 at 9 a.m EDT. The conference call will follow the Company's news release on results, which will be available at approximately 6 a.m. that morning. The call and related materials will be available at www.ge.com/investor.

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