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Press Release

GE signs gas turbine service agreement for Qatar power and desalination project

January 08, 2007

Doha, Qatar; January 8, 2007: GE Energy has signed a multi-million dollar, 20-year Contractual Service Agreement(CSA) with Qatar Electricity and Water Company (QEWC) covering three GE Frame9FA gas turbine-generators at the Ras Abu Fontas B-2 power plant and desalinationproject in Qatar.

QEWC was established in 1990 to operate and maintain electricity generation and water desalination plants. The company is 43 per cent owned by the government, with the remaining shares held by individual and institutional Qatari investors.

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GE Money and Dixie Homecrafters Renew Agreement

January 07, 2007

ST. PAUL, Minn.--(BUSINESS WIRE)--GE Money's Sales Finance unit and Dixie Homecrafters, one of the fast-growing home improvement companies in America, today announced they have signed a five-year extension of their agreement to provide consumer financing.

Dixie Homecrafters, based in Chamblee, Ga., is the nation's second-largest home improvement company, selling and installing windows, siding, soffits and trim, and gutters for more than 17 years throughout the south.

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General Motors' Groundbreaking New Electric Vehicle Uses GE's ecomagination(1) Technology to Help Drivers Skip the Pump

January 07, 2007

DETROIT--(BUSINESS WIRE)--It's been nearly 100 years, but Thomas Edison's belief in electricity as a viable propulsion system for automobiles is one step closer to reality due to the efforts of General Motors and General Electric. Today, GE participated in General Motors' unveiling of its newest concept vehicle, the Chevrolet Volt, here at the North American International Auto Show (NAIAS). The Volt's E-Flex flexible propulsion system offers a global blended range of transportation energy solutions to regional energy issues and driving behavior.

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GE Industrial to Acquire Microwave Data Systems

January 05, 2007

LOUISVILLE, Ky. & SANTA BARBARA, Calif.--(BUSINESS WIRE)--GE Industrial, a unit of General Electric (NYSE:GE), and Moseley Associates have announced the signing of an agreement for GE to acquire the assets of Rochester, NY-based Microwave Data Systems, Inc. (MDS), a subsidiary of Moseley Associates and a world leader in industrial, wireless, and networking solutions. The acquisition offers complementary technology to GE's Multilin business, part of GE Consumer & Industrial.

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GE Industrial to Acquire Microwave Data Systems

January 05, 2007

LOUISVILLE, Ky. & SANTA BARBARA, Calif.--(BUSINESS WIRE)--GE Industrial, a unit of General Electric (NYSE:GE), and Moseley Associates have announced the signing of an agreement for GE to acquire the assets of Rochester, NY-based Microwave Data Systems, Inc. (MDS), a subsidiary of Moseley Associates and a world leader in industrial, wireless, and networking solutions. The acquisition offers complementary technology to GE's Multilin business, part of GE Consumer & Industrial.

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Serving as Lead Arranger and Sole Bookrunner, GE Energy Financial Services Underwrites $155 Million Credit Facility for Oilfield Services Company Dalbo Holdings

January 04, 2007

VERNAL, Utah & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services announced today that it served as lead arranger and sole book runner for a $155 million senior secured credit facility for Dalbo Holdings, Inc., a provider of water-based fluid transportation, water storage tank rental and fluid disposal services to oil and gas exploration sites in northeastern Utah and northwestern Colorado.

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Serving as Lead Arranger and Sole Bookrunner, GE Energy Financial Services Underwrites $155 Million Credit Facility for Oilfield Services Company Dalbo Holdings

January 04, 2007

VERNAL, Utah & STAMFORD, Conn.--(BUSINESS WIRE)--GE Energy Financial Services announced today that it served as lead arranger and sole book runner for a $155 million senior secured credit facility for Dalbo Holdings, Inc., a provider of water-based fluid transportation, water storage tank rental and fluid disposal services to oil and gas exploration sites in northeastern Utah and northwestern Colorado.

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enXco Closes Financing of Minnesota's Largest Wind Farm, with Union Bank of California and GE Energy Financial Services

January 04, 2007

CHANDLER, Minn.--(BUSINESS WIRE)--enXco, Inc. announced today that it has closed on the project financing for Minnesota's largest wind farm, the $385 million Fenton Wind Energy Project under construction in Murray and Nobles Counties, Minnesota, with its financial partners Union Bank of California and GE Energy Financial Services.

The project pushes the total US wind energy development portfolio for enXco, one of the leading developers, operators and managers of these projects in this country, past the $1 billion mark.

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GE Capital Solutions has Acquired CitiCapital's Marine Finance Division

January 04, 2007

DANBURY, Conn.--(BUSINESS WIRE)--In a move that enhances its growing role in equipment financing to the marine industry, GE Capital Solutions said today it acquired CitiCapital's Marine Finance division, an Irving, Texas unit of Citigroup.

CitiCapital Marine finances and leases commercial workboats and passenger vessels in U.S. and Canadian waters and the Gulf of Mexico.

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Banking on Growth Trends, GE Capital Solutions, Franchise Finance Acquires Restaurant Lending Portfolio

January 04, 2007

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Coming out on top in a highly competitive request for proposal (RFP), GE Capital Solutions, Franchise Finance acquired a franchise loan portfolio owned by Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company. Impressed by the growth opportunities included in the portfolio, GE Capital Solutions, Franchise Finance acquired 16 borrower groups and 53 loans. Terms of the deal were withheld.

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