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Press Release

GE Power Systems Sponsors Memorial Day Fireworks at the Grand Coulee Dam in Washington

May 26, 2003

ATLANTA, GEORGIA (May 26, 2003) --- In honor of Memorial Day, GE Power Systems sponsored a spectacular fireworks display at the Grand Coulee Dam in Washington. GE sponsored the fireworks in recognition and support of the Town of Coulee Dam, a community whose very existence is due to the generation of hydropower and the benefits of harnessing the power of water.


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GE Power Systems Develops Technical Support Web Site for Substation Automation Customers

May 22, 2003

ATLANTA, GEORGIA (May 22, 2003) --- GE Power Systems has announced that it has developed an online technical support site for its Substation Automation customers to provide them with detailed knowledge about the products and services the company offers in that market. The site contains product intelligence such as users manuals, troubleshooting techniques, field bulletins, product recall information, modification history and frequently asked questions, as well as additional product and service information.


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FEATURE/GE Smart Security Offers Home Protection for Summertime Travelers

May 21, 2003

CLEVELAND--(BUSINESS WIRE)--May 21, 2003--Millions of Americans will hit the road, the rails, or the skies this summer to get away from it all. Some will leave their home's welcome mat out for burglars.

Two out of every three burglaries are residential and homes without alarm systems are more than two times likely to be burglarized. (Sources: www.FBI.gov, Uniform Crime Report Statistics; National Burglar & Fire Alarm Association)


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Crescent Electric and GE Lighting Make Hoover Elementary America's Leader in Energy-Efficient Lighting; New GE F28T8UltraMax System Delivers Over 40% Energy Savings

May 21, 2003

DUBUQUE, Iowa--(BUSINESS WIRE)--May 21, 2003--Sixth grade students in Lynn Krocheski's TAG (talented and gifted) class in Dubuque, Iowa, used a special GE energy auditor online tool called GELA to learn a valuable lesson.

By replacing existing T12 fluorescent lamps and ballasts with the newly introduced GE F28T8 fluorescent lamps with UltraMax(TM) Ballasts, their school could save more than $2,600 per year in energy costs. The kids did the math, and the lamps and ballasts were replaced.


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GE Industrial Systems Signs $50M Agreement To Help Enel power do Brazil Increase Power Transmission and Alleviate Power Shortages in Brazil

May 21, 2003

PLAINVILLE, Conn.--(BUSINESS WIRE)--May 21, 2003--GE Industrial Systems, a division of General Electric Company (NYSE: GE), announced today that they have secured a contract with Enelpower do Brazil for an electric power transmission project worth more than US$50 million to GE.

The project is part of a larger effort to strengthen the inter-regional power transfer capability in Brazil and ultimately help alleviate power shortages in the Brazilian North-Eastern regions.


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GE Completes Phase One Installation of Combustion Optimization System at Kansas Power Plant

May 21, 2003

DOE-sponsored project to significantly reduce NOx emissions

ATLANTA, GEORGIA (May 21, 2003) --- GE Power Systems recently completed the first stage installation of its combustion optimization system at Sunflower Electric Power Corporation's Holcomb Station in Finney County, Kansas.
A combination of high-tech combustion modifications, sensors, software and sophisticated control systems will allow the 360 MW coal-fired power plant to reduce nitrogen oxide (NO

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About GE Power Systems


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GE Power Systems Enhances Its D25 Multifunction IED for Substation Control

May 21, 2003

ATLANTA, GEORGIA (May 21, 2003) --- GE Power Systems has announced that its Substation Automation Solutions business has enhanced its existing D25 multifunction intelligent electronic device (IED) for substation control by adding several new features that increase the flexibility of the appliance, improve performance and ultimately reduce lifetime ownership costs for the end user. The enhanced IED product, the D25 generation 4, is available immediately.


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GE to Provide LM2500+ for Combined Cycle Project in Ankara, Turkey

May 21, 2003

HOUSTON, TEXAS (May 21, 2003) --- GE Aero Energy, a GE Power Systems business, has received a contract from Gama Boiler Technology of Ankara, Turkey to provide one LM2500+ with Dry Low Emissions (DLE) gas turbine-generator set.


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GE Oil & Gas to Supply Compression Units, Services for Three Pipeline Stations in Italy

May 20, 2003

FLORENCE, ITALY (May 20, 2003) --- GE Oil & Gas has signed a contract with Snam Rete Gas to supply three new compression units and services for three compression stations (Gallese, Tarsia and Melizzano) that are part of the Snam Rete Gas nationwide gas pipeline network in Italy.
Under the contract, valued at US$43 million, the first unit is scheduled to be shipped in the first quarter of 2004, with commercial operation set to begin during the third quarter of that year. The equipment will be manufactured at the GE Oil & Gas facility in Florence, Italy.


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The 48 Hour DVD','Flexplay Introduces `EZ-D', 'The 48 Hour DVD

May 19, 2003

PITTSFIELD, Mass.--(BUSINESS WIRE)--May 19, 2003-- EZ-D Will Feature Titles from Buena Vista Home Entertainment Including The Recruit, The Hot Chick, 25th Hour, Frida & Signs -- Flexplay Technologies, Inc, a privately held company based in New York, today announced that Buena Vista Home Entertainment Division of The Walt Disney Company (NYSE: DIS) will use its flexible time play DVD technology to make movies available to consumers in test markets beginning this August.


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