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Press Release

GE Silicones Introduces New Multi-component Cure System For TUFEL II Elastomers Line; Regulates cure speed andshelf life to match specific application criteria

October 21, 2002

WATERFORD, N.Y.--(BUSINESS WIRE)--Oct. 21, 2002--GE Silicones is introducing a new multi-component cure system for its premier TUFEL(TM) II elastomers line for healthcare extrusion.
The system consists of the new IN-7 inhibitor masterbatch and new CA-7 platinum catalyst masterbatch. This two-part system provides customers using TUFEL II base elastomers the opportunity to balance product cure speed and shelf life to accommodate specific equipment requirements and extrusion profile configurations.


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REMINDER/Local Organizations Come Together to Kick-Off 2nd Annual Youth Empowerment Summit

October 21, 2002

REMINDER/Local Organizations Come Together to Kick-Off 2nd Annual Youth Empowerment Summit CLEVELAND--(BUSINESS WIRE)--Oct. 21, 2002-- Interactive Education Summit to Teach 250 Cleveland High School Students How to Reach Their Dreams and Give Back to the

Community in the Process

Cleveland Native Don Scott, Co-Writer of the Box Office Hit Barbershop to Speak at Event

MEDIA ALERT

WHAT: 250 students, selected from 10 Cleveland High Schools, will be participating in the 2nd Annual Youth Empowerment Summit.


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GE, Xerox Agree to 8-Year Financing Arrangement; New Xerox U.S. Customer Leases to be Funded by GE Vendor Financial Services

October 21, 2002

STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 21, 2002--Xerox Corporation (NYSE: XRX) and General Electric (NYSE: GE) today announced an eight-year agreement for GE Vendor Financial Services to become the primary equipment financing provider for Xerox customers in the United States through monthly advances against Xerox's new U.S. lease originations.


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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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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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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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