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Press Release

GE Consumer Finance и Dogus Group подписали соглашение о партнерстве с турецким банком Garanti Bank

August 25, 2005

25 августа 2005 года, Стамбул, Турция. - GE Consumer Finance (GECF), глобальное подразделение корпорации General Electric, работающее на рынке потребительского финансирования, сообщает о достижении соглашения с группой Dogus Group о приобретении компанией GECF 25,5 проц. акций банка Garanti Bank, третьего по величине частного банка Турции. Данная сделка подлежит утверждению регулирующими органами, и ее завершение планируется в четвертом квартале текущего года.


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Dogus Group And GE's Consumer Finance Unit Reach Definitive Agreement On Garanti Bank Partnership. Partnership will create an innovative new force in the Turkish banking sector

August 25, 2005

Istanbul, Turkey - August 25, 2005 -- Dogus Holding A.S and GE Consumer Finance (GECF) the global consumer lending unit of General Electric Company (NYSE: GE), today announce that the parties have reached agreement regarding the acquisition by GECF of a 25.5% share in Garanti Bank, Turkey's third largest private bank.


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Singapore Airlines Signs OnPoint SM Solutions Agreement with GE

August 23, 2005

August 23, 2005 -- EVENDALE, Ohio - Singapore Airlines (SIA) signed a 10-year OnPoint SM Solutions service agreement with General Electric Company for the maintenance, overhaul and repair of GE90-115B engines that will power 19 Boeing 777-300ERs, which enter service in 2006. The agreement is the first GE90 OnPoint Solutions service agreement.


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Press Release

GE Consumer Finance Enters Multi-Year Private Label Card Agreement With QVC, Inc.

August 22, 2005

STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 23, 2005--GE Consumer Finance, one of the world's leading consumer lenders, and QVC, the leading electronic retailer, today announced that they have entered into a multi-year agreement to offer the private label QCard(R) to QVC customers in the U.S.

We're proud to be partnering with a retailer that is as successful as QVC, said Margaret Keane, president and chief executive officer of GE Consumer Finance's Retail Consumer Finance unit. QVC has a strong brand and customer base.


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GE инвестирует $70 млн. в проект по добыче и транспортировке газа на шельфе мексиканского залива.

August 22, 2005

22 августа 2005 года, Стэмфорд, шт. Коннектикут, США. - GE Commercial Finance Energy Financial Services инвестировала $70 млн. в совместный проект с F-W Oil Exploration L.L.C. по добыче и транспортировке газа на шельфе Мексиканского залива. Это первое вложение GE в морскую добычу газа, говорится в сообщении компании.


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First Offshore Gas Reserves and Pipeline Construction Investments by GE's Energy Financial Services Unit, in Partnership with F-W Oil Exploration

August 22, 2005

STAMFORD, Conn. & HOUSTON--(BUSINESS WIRE)--Aug. 22, 2005--GE Commercial Finance Energy Financial Services announced today it has invested, for the first time offshore, $70 million in a limited partnership with F-W Oil Exploration L.L.C. to acquire and produce natural gas and associated liquid hydrocarbons in the Gulf of Mexico. Energy Financial Services will also finance the completion of a 48-mile pipeline system to transport gas from F-W's gas fields in the South Padre Island area.


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GE Global Research Develops ''Ideal'' Carbon Nanotube Diode; GE's Research Team Makes Related Discovery That Could Lead to Breakthroughs in Photovoltaics Research

August 18, 2005

NISKAYUNA, N.Y.--(BUSINESS WIRE)--Aug. 18, 2005--GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), announced the development of an ideal carbon nanotube diode that operates at the "theoretical limit," or best possible performance. This is a significant improvement upon the original nanotube diode device that GE developed and announced last year. This latest breakthrough will enable even smaller and faster electronic devices with increased functionality.


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GE Appoints Three Company Officers

August 18, 2005

FAIRFIELD, Conn.--(BUSINESS WIRE)--Aug. 18, 2005--GE today announces the appointment of three new Company officers.


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GE Energy Receives DOE Contract To Develop Hybrid Fuel Cell-Gas Turbine System

August 17, 2005

ATLANTA--(BUSINESS WIRE)--Aug. 17, 2005--GE Energy has been selected by the U.S. Department of Energy (DOE) to develop a highly efficient, multi-megawatt solid oxide fuel cell (SOFC)-based power system operating on coal.


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GE and Boeing Test Quieter Jet Technologies

August 17, 2005

GLASGOW, MT - August 17, 2005 - General Electric and Boeing will begin testing new technology to further reduce noise on the already quiet Boeing 777-300ER aircraft, which are powered by GE90-115B engines.

The three-week flight test at Boeing's Glasgow, Montana, test facility is part of Boeing's Quiet Technology Demonstrator 2 (QTD 2) program. QTD 2 is a collaboration between Boeing, General Electric, Goodrich's Aerostructures division, NASA, and All Nippon Airways to validate new technologies designed to reduce noise on the aircraft and engine.


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