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Press Release

General Electric Names Four New Officers

February 27, 2003

FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 27, 2003--General Electric has announced the appointment of four new company officers.


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GE Industrial Systems Announces Intent to Acquire Assets of SI Pressure Instruments, Global Providers of Pressure Instrumentation and Measurement

February 26, 2003

PLAINVILLE, Conn.--(BUSINESS WIRE)--Feb. 26, 2003-- GE Expands in $60 Billion Global Sensors and Instrumentation Market GE Industrial Systems, a division of General Electric Company (NYSE: GE), and Hill & Smith Holding, PLC, announced today that they have signed an agreement whereby GE intends to acquire substantially all the assets of SI Pressure Instruments, a unit of Hill & Smith Holding, PLC.


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GE And Osmonics Announce Meeting Results, Exchange Ratio and Pro Ration Results

February 26, 2003

FAIRFIELD, Conn. & MINNETONKA, Minn.--(BUSINESS WIRE)--Feb. 26, 2003--General Electric Company (NYSE: GE) and Osmonics, Inc. (NYSE:OSM) announced that, at the special meeting of the shareholders held today, the shareholders of Osmonics, approved the merger of Osmonics into a wholly owned subsidiary of GE.


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GE Hydro to Upgrade Swiss Hydro Plant

February 24, 2003

OSLO, NORWAY (February 24, 2003) --- GE Hydro, a unit of GE Power Systems, has been awarded a US$26.8 million contract to upgrade Swiss power producer Ofible's plant in Biasca, Switzerland. The project marks the latest example of GE's continuing expansion into the European hydropower industry.
GE Hydro will supply six overhung two-jet, 50-megawatt Pelton turbines and three 333 rpm, 109 MVA generators producing 327 megawatts of power. The new equipment will replace eight overhung one-jet, Pelton turbines and four generators, which have been producing 288 megawatts.


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GE Silicones Announces Technology Innovations AtMD&M West 2003; New Liquid Elastomers are USP Class VI Compliant

February 18, 2003

WATERFORD, N.Y.--(BUSINESS WIRE)--Feb. 18, 2003--
New LIM(R) 6041 Elastomer with Barium Sulfate Offers Radio-Opacity


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GE Global Research Innovation Update - Water Conservation Innovations

February 18, 2003

FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 18, 2003--While 71 percent of the earth's surface is covered by water, most people probably don't realize that 97 percent of this water is ocean and that most of the remaining three percent is locked away in polar icecaps.


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GE Hydro Wins Contract to Upgrade Three Hydro Plants in Scotland

February 18, 2003

OSLO, NORWAY (February 18, 2003) --- GE Hydro, a unit of GE Power Systems, has been awarded a US$3 million contract by Scottish and Southern Energy (SSE) Generation Limited of the UK to refurbish three hydroelectric power stations in Scotland. The project is part of SSE's progressive program to upgrade its hydro assets to extend their usable life and meet the government's renewable energy targets.


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GE Aircraft Engines to Power Pia's New Fleet of Boeing 777's; GE to Supply World's Most Powerful Engine GE90 in US$400 Million Deal

February 17, 2003

Dubai, February 17, 2003 ---- GE Aircraft Engines will supply Pakistan's national carrier, Pakistan International Airlines (PIA), with GE90 engines to power the airline's new fleet of eight long-range Boeing 777 aircraft. In the deal, valued at US$400 million, GE has agreed to begin delivery of the world's most powerful engine to PIA in 2004.


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Press Release

GE Board Authorizes Regular Quarterly Dividend

February 14, 2003

FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 14, 2003--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.19 per outstanding share of the Company's common stock.
The dividend is payable April 25, 2003 to shareowners of record at the close of business on February 28, 2003. The ex-dividend date is February 26, 2003.


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GE Launches Public Tender Offer as Next Stagein Proposed Acquisition of Jenbacher

February 12, 2003

ATLANTA, GEORGIA (February 12, 2003) --- GE Power Systems today took the next step in its planned acquisition of Jenbacher AG, launching a public tender offer for the Austrian-based supplier of reciprocating engines for power generation.
In a joint press conference Rick Stewart, President and Chief Executive Officer of GE Aero Energy Products, and Herbert Liaunig, representing the major shareholders of Jenbacher AG, presented the offer.


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