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Press Release

GE Corporate Financial Services' Retailand Restructuring Group Serves as Lead Administrative Agent for Kmart Corp. Exit Financing

May 06, 2003

STAMFORD, Conn.--(BUSINESS WIRE)--May 6, 2003--GE Corporate Financial Services' Retail and Restructuring Group is the lead administrative agent for $2 billion in exit financing being provided to Kmart Corp. in connection with the company's emergence today from bankruptcy protection.
Kmart will use the exit financing to fund its reorganized business. A syndication group of approximately 30 institutions is participating in the transaction. Kmart originally filed for bankruptcy protection on January 22, 2002.


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Guarded about Their Future, America'sCollege Students Feel More Emphasis on Innovation is Needed

April 30, 2003

FAIRFIELD, Conn.--(BUSINESS WIRE)--April 30, 2003--GE College Innovation Tour

Students Express Thoughts on Innovative Issues Ranging From U.S.
Leadership to Pop Culture
GE Launches College Innovation Tour To Address Students' Concerns
About Innovation


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GE Interlogix Announces New Leaders for Global Marketing and Its Access and Integration Division; Executive TeamExpansion Supports Company's Aggressive Growth Strategy

April 30, 2003

AUSTIN, Texas & BOCA RATON, Fla.--(BUSINESS WIRE)--April 30, 2003--GE Interlogix, Inc., a leading provider of communication and information technologies for security, safety and lifestyle enhancements, today announced the appointment of Juan Cabezas as Senior Vice President of Global Marketing and Strategic Alliances.


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GE Completes Acquisition of International Fiber Systems

April 30, 2003

GE Completes Acquisition of International Fiber Systems PLAINVILLE, Conn.--(BUSINESS WIRE)--April 30, 2003--GE Industrial Systems, a $6 billion unit of the General Electric Company (NSYE: GE) announced today it has completed the acquisition of International Fiber Systems, Inc. (IFS), a provider of advanced, digital fiber optic transmission products and systems for electronic security and intelligent transportation systems.


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Nancy P. Dorn Named Head of GE Government Relations

April 28, 2003

FAIRFIELD, Conn.--(BUSINESS WIRE)--April 28, 2003--Nancy P. Dorn, a former senior adviser to President Bush, Vice President Cheney and House Speaker Dennis Hastert, has been named Vice President, Corporate Government Relations for the General Electric Company, GE General Counsel Benjamin W. Heineman announced today.
Dorn, 44, will head GE's federal and state government relations staff and will have a central role in shaping GE's international government relations priorities and strategies. Her appointment is effective May 1, 2003.


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GE TIP Introduces Satellite-Based Asset Tracking Technology

April 28, 2003

ST. LOUIS--(BUSINESS WIRE)--April 28, 2003--GE TIP, a leader in trailer fleet solutions, today introduced GE VeriWise(TM) asset tracking for trailers, an innovation designed to help privately owned fleets and trucking companies improve their productivity and logistics management capabilities. The introduction was made at the National Private Truck Council meeting here.

The latest innovation from GE will allow customers to easily locate tethered and untethered trailers anywhere in North America.


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95% of Jenbacher's Shareholders Accept GE's Tender Offer

April 28, 2003

95% of Jenbacher's Shareholders Accept GE's Tender Offer VIENNA, Austria--(BUSINESS WIRE)--April 28, 2003--GE Power Systems reported today that its offer to purchase Jenbacher AG, a leading manufacturer of reciprocating engines for power generation, has been accepted.


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GE Specialty Materials to Acquire OSi Specialties from Crompton Corporation

April 24, 2003

WILTON, Conn.--(BUSINESS WIRE)--April 24, 2003--

Organosilicones platform will join GE Silicones to offer an unparalleled line of application expertise and technology to customers.


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GE Network Solutions Signs Its Largest Ever Energy Management Services Agreement in China

April 22, 2003

ATLANTA, GEORGIA (April 22, 2003) --- At a contract signing ceremony held recently in Shanghai, GE Network Solutions, a leading supplier of innovative technology solutions to the utilities industry, was awarded its largest Energy Management Services contract ever in China, by Shanghai Municipal Electric Power Company (SMEPC) in Shanghai.


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GE Plastics' 'LEXAN Resin Innovation Day' Inspires Imaginative Thinking for Charlotte Area Children

April 22, 2003

CHARLOTTE, N.C.--(BUSINESS WIRE)--April 22, 2003--GE Fund and GE Plastics Donate $125,000 to Five Charlotte-Mecklenburg Elementary Schools

Ask any child where plastic comes from and nearly a third will say a rubber tree plant, a plastic tree or even outer space(1).

Today, GE Plastics, a division of General Electric Company (NYSE: GE), hostedLEXAN(R) Resin Innovation Day to help local schoolchildren learn about the impact plastic has on their everyday lives and to generate excitement about science by encouraging imaginative thinking.


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