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Press Release

GE Delivers 200th LM2500 Aeroderivative Gas Turbine

May 01, 2003

May 1, 2003 -- EVENDALE, Ohio - GE Marine Engines recently tested and delivered the 200th LM2500 aeroderivative gas turbine for the United States Navy's DDG 51 Aegis destroyer program. This milestone represents the most gas turbines GE has built for any U.S. Navy ship class. To celebrate this benchmark, GE Marine Engines held a special ceremony today at its Evendale, Ohio headquarters.


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Press Release

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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Press Release

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 Transportation Systems Launches New Fuel Saving Technology for Locomotives; Auto Engine Start Stop System for Non-GE Locomotives Saves Fuel, Lowers Emissions & Noise

April 21, 2003

GE Transportation Systems Launches New Fuel Saving Technology for Locomotives; Auto Engine Start Stop System for Non-GE Locomotives Saves Fuel, Lowers Emissions & Noise ERIE, Pa.--(BUSINESS WIRE)--April 21, 2003--Dave Tucker, general manager of GE Transportation Systems' global service operations nnounced today that the company had introduced Auto Engine Start Stop, a new locomotive technology that would lower the amount of fuel used by non-GE locomotives, as well as significantly reducing engine noise, smoke and other emissions.


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GE Gains Us$94 Million Contract to Supply Equipment for Oman LNG Plant Expansion

April 16, 2003

GE Gains Us$94 Million Contract to Supply Equipment for Oman LNG Plant Expansion FLORENCE, Italy--(BUSINESS WIRE)--April 16, 2003--GE Oil & Gas has received a contract of more than US$94 million to supply two gas turbine-driven compression units and two additional gas turbines for power generation, to be used for the expansion of a liquefied natural gas (LNG) plant in Oman.


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GE Comments on Suit by Former Panametrics Principals

April 15, 2003

GE Comments on Suit by Former Panametrics Principals

April 15, 2003--A law firm representing two former majority owners of Panametrics, a company that GE Power Systems acquired in 2002, issued a news release yesterday announcing that the shareowners were filing suit against GE alleging that GE used tactics to improperly reduce the agreed-upon purchase price that GE paid for Panametrics. GE Power Systems responded to media inquiries saying, the allegations in the complaint are meritless, and made the following points:


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GE's LM Aeroderivative Gas Turbines Are Experienced in Flexible, Combined-Engine Configurations

April 15, 2003

April 15, 2003 -- WASHINGTON, D.C. -- GE Marine Engines' full line of proven LM aeroderivative gas turbines can be engineered to provide efficient power for the next generation of military marine programs. GE has extensive experience providing its LM gas turbine for use in a variety of engine combinations, the company reported today at the Sea-Air-Space 2003 trade show.


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GE's Popular LM6000 Now Available in Gas Turbine-Generator Set

April 15, 2003

April 15, 2003 -- WASHINGTON, DC - GE's popular LM6000 is now available in a gas turbine-generator set for a variety of marine propulsion system configurations. GE reported today at the Navy League's Sea-Air-Space 2003 trade show that an LM6000 gas turbine is on display at its booth.


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Vietnam Airlines Receives First GE90-Powered Boeing 777; Aircraft Will Open New Long-Range Routes

April 15, 2003

April 15, 2003 -- HANOI, Vietnam - Vietnam Airlines has accepted delivery of its first GE90-powered Boeing 777 aircraft.
In February 2002, the airline selected GE Aircraft Engines' (GEAE) GE90-94B engine to power the two 777-200ERs it is leasing from International Lease Finance (ILFC). The GE90-powered 777 is the first longer-range aircraft to enter service with the airline.


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