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Press Release

GE Wins Major Hydro Service Contract in Norway

July 17, 2002

GE Wins Major Hydro Service Contract in

Norway

OSLO, Norway--(BUSINESS WIRE)--July 17, 2002--Norway's biggest

power producer, Statkraft SF, has awarded the largest turbine upgrade

contract in the company's history to GE Hydro, a unit of GE Power

Systems, for the refurbishment of five hydropower plants.

The project covers 770 megawatts of capacity and is valued at

US$11.9 million.

This is the most extensive turbine modernization project to date

for the Oslo-based Statkraft, which owns about 30 percent of the


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Press Release

GE Medical Systems Donates $6.5 Million in Ultrasound Systems to Improve Healthcare in Developing Countries

July 15, 2002

SCOTTS VALLEY, Calif. & MILWAUKEE--(BUSINESS WIRE)--July 15, 2002--
First donations through Assist International to be made
to African nations, Afghanistan
Today GE Medical Systems, a unit of General Electric Company (NYSE: GE), announced the donation of more than 200 ultrasound systems, probes and accessories to Assist International, a non-profit humanitarian organization involved in donating and installing high-tech medical equipment in hospitals and clinics in developing countries. The donation is valued at $6.5 million.


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Press Release

GE Wins Grand Coulee Generator Upgrade Project

July 15, 2002

GE Wins Grand Coulee Generator Upgrade Project ATLANTA--(BUSINESS WIRE)--July 15, 2002--The U.S. Department of the Interior's Bureau of Reclamation has awarded GE Power Systems a $3.8 million contract for a generator refurbishment project at the Grand Coulee Powerplant in Washington State. Located at Grand Coulee Dam on the Columbia River, the Grand Coulee hydroelectric power plant is the largest power production facility in North America, generating an average of 21 billion kWh annually.


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Press Release

Three GE Gas Turbines Selected for New Power Plant in China

July 11, 2002

Three GE Gas Turbines Selected for New Power Plant in China ATLANTA--(BUSINESS WIRE)--July 11, 2002--GE Power Systems has received a contract of approximately $38 million Euros (US$35.4 million) to supply three gas turbine-generators for a combined-cycle plant that will provide 175 megawatts of power for a world-scale, integrated petrochemical site being developed in Nanjing, Jiangsu Province, China.


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Press Release

Elano Corporation establishes a new manufacturing plant in Canada

June 27, 2002

Elano Corporation establishes a new manufacturing plant in Canada QUEBEC--June 27, 2002--The Elano Corporation, a leading supplier of aerospace tubing and duct systems based in Dayton, Ohio (USA), has acquired nearly all of the assets of Aerotech Tubetronics, located in Mirabel, Quebec. Terms were not disclosed.


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Press Release

KLM Selects GE Engines To Power Widebody Aircraft In $250 Million Engine Order

June 26, 2002

KLM Selects GE Engines To Power Widebody Aircraft

In $250 Million Engine Order EVENDALE, OHIO--June 26, 2002--KLM Royal Dutch Airlines has selected GE Aircraft Engines to power 13 new Boeing widebody aircraft.

As part of a fleet renewal program, KLM ordered GE's GE90-94B engine to power four 777-200ER aircraft. KLM is also leasing six GE90-powered 777-200ER aircraft through International Lease Finance Corporation. In addition, KLM ordered GE's CF6-80C2 engines to power three Boeing 747-400ER freighters.


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Press Release

GE Energy Rentals, Hertz Equipment Rental Form Alliance; `One-Stop Shopping' for U.S. Customers

June 26, 2002

GE Energy Rentals, Hertz Equipment Rental Form

Alliance; `One-Stop Shopping' for U.S. Customers

ATLANTA--(BUSINESS WIRE)--June 26, 2002--Forming one of the

largest alliances of its type in the rental industry, GE Energy

Rentals and Hertz Equipment Rental Corporation are teaming up to

provide North American customers with a single source for renting

equipment currently available from either company.

Under a new, non-exclusive agreement, GE Energy Rentals power and

climate control equipment is available at several Hertz facilities


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Press Release

GE Medical Systems Information Technologies Announces 1000th Customer Installation for Its Perinatal Clinical Information System

June 24, 2002

BOSTON--(BUSINESS WIRE)--June 24, 2002--

Milestone marks GE's QS system as the most commercially successful system in the marketplace


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Press Release

Atlantic Coast Airlines Places $125 Million CF34-3B1 Engine Order

June 14, 2002

Atlantic Coast Airlines Places $125 MillionCF34-3B1 Engine Order EVENDALE, OHIO--June 14, 2002--Atlantic Coast Airlines (ACA) has ordered 50 firm GE CF34-3B1 engines to power its 25 new 50-passenger Bombardier CRJ200 regional jet aircraft. The engine contract is valued at more than $125 million.


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Press Release

Honeywell-GE Tank Engine Passes First-Run Test;New LV100-5 Testing Ahead Of Program Schedule

June 11, 2002

Honeywell-GE Tank Engine Passes First-Run Test; New LV100-5 Testing Ahead Of Program Schedule PHOENIX, Arizona--June 11, 2002--Honeywell (NYSE: HON) and GE Aircraft Engines, a division of the General Electric Company (NYSE: GE), announced today that the LV100-5 engine the companies are co-building in a 50/50 partnership has successfully passed the First Engine To Test (FETT) milestone, six days ahead of schedule.


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