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Press Release

GE TIP Introduces Satellite-Based Asset Tracking Technology

April 28, 2003

ST. LOUIS--(BUSINESS WIRE)--April 28, 2003--GE TIP, a leader in trailer fleet solutions, today introduced GE VeriWise(TM) asset tracking for trailers, an innovation designed to help privately owned fleets and trucking companies improve their productivity and logistics management capabilities. The introduction was made at the National Private Truck Council meeting here.

The latest innovation from GE will allow customers to easily locate tethered and untethered trailers anywhere in North America.


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VIENNA, AUSTRIA (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.

April 28, 2003

VIENNA, AUSTRIA (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.
Over 95% of Jenbacher's outstanding shares---thus much more than the required 90%---were tendered by April 25, 2003, the end of the offer period, paving the way for GE to complete the acquisition of Jenbacher AG.


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ATLANTA, GEORGIA (April 23, 2003) --- GE Network Solutions, a leading supplier of network solutions to the utilities and telecommunications industries, recently announced the availability of its Smallwo

April 23, 2003

ATLANTA, GEORGIA (April 23, 2003) --- GE Network Solutions, a leading supplier of network solutions to the utilities and telecommunications industries, recently announced the availability of its Smallworld Design Manager 2.2 software product. The product release includes scalability improvements and new functionality for incremental job completion.


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GE Plastics' 'LEXAN Resin Innovation Day' Inspires Imaginative Thinking for Charlotte Area Children

April 22, 2003

CHARLOTTE, N.C.--(BUSINESS WIRE)--April 22, 2003--GE Fund and GE Plastics Donate $125,000 to Five Charlotte-Mecklenburg Elementary Schools

Ask any child where plastic comes from and nearly a third will say a rubber tree plant, a plastic tree or even outer space(1).

Today, GE Plastics, a division of General Electric Company (NYSE: GE), hostedLEXAN(R) Resin Innovation Day to help local schoolchildren learn about the impact plastic has on their everyday lives and to generate excitement about science by encouraging imaginative thinking.


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Toshiba to Increase Interest in Toshiba GE Joint Venture

April 22, 2003

SALEM, Va.--(BUSINESS WIRE)--April 22, 2003--GE (NYSE: GE) announced today that it signed a letter of intent with Toshiba Corporation for Toshiba to increase its majority interest in the Toshiba-GE joint venture.

The transaction is expected to close in the next two to four months. GE will keep a minority ownership in the US operating company of the JV and will continue to provide sales and service for the JV, in addition to maintaining customer relationships.


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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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ADVISORY/Excellent Photo Opportunity at Charlotte Convention Center

April 20, 2003

--(BUSINESS WIRE)--GE Chairman & CEO Jeff Immelt, Astronaut Buzz Aldrin, Charlotte Panthers Stars Rodney Peete and Mushin Muhammad, and 500 Charlotte-Mecklenburg Elementary School Children Gather to Commemorate the 50th Anniversary of GE's LEXAN(R) Resin

What: What do CDs and DVDs, Buzz Aldrin's space visor, cell phones, the canopy of an F15, NFL football helmets, refrigerator crisper drawers and computer housings all have in common?


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GE to Supply Two LM6000 Sprint® Gas Turbines to Modesto Irrigation District

April 16, 2003

HOUSTON, TEXAS (April 16, 2003) --- GE Aero Energy Products (GE AEP), a GE Power Systems' business, will supply two LM6000 PC Sprint gas turbine-generator packages to Modesto Irrigation District in Modesto, CA.
The 49-megawatt gas turbine-generator units will be installed at Modesto Electric Generating Station 1& 2 and used for simple cycle power generation. Natural gas will serve as the primary fuel and water injection for NO

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Sprint Technology

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GE to Supply Two LM6000 Sprint® Gas Turbines to Modesto Irrigation District

April 16, 2003

HOUSTON, TEXAS (April 16, 2003) --- GE Aero Energy Products (GE AEP), a GE Power Systems' business, will supply two LM6000 PC Sprint gas turbine-generator packages to Modesto Irrigation District in Modesto, CA.
The 49-megawatt gas turbine-generator units will be installed at Modesto Electric Generating Station 1& 2 and used for simple cycle power generation. Natural gas will serve as the primary fuel and water injection for NO

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Sprint Technology

About GE Power Systems


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

April 16, 2003

FLORENCE, ITALY (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.
The equipment will be used to add a third LNG train for the plant, which is owned by the government of the Sultanate of Oman and is located at Qalhat. The main contractor for the project is CME Engineering FZCO of Dubai, UAE.


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