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Press Release

ERC to Concentrate Global Life & Health Business;Will Specialize in Europe Life & Health, United States Accident &Health

November 06, 2003

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov. 6, 2003--GE's Employers Reinsurance Corporation (ERC) today announced a strategy to focus on selected markets and products to create a smaller, higher return life and health reinsurance business. ERC will focus its Global Life & Health unit on life and health reinsurance in Europe and accident and health reinsurance in the United States.

ERC will cease writing new life reinsurance in the United States, and will no longer offer life and health reinsurance products in Canada, Latin America and Asia Pacific.

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Press Release

Stanley to Lead ERC Global Life & Health

November 06, 2003

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov. 6, 2003--Al Stanley, 40, has been named president & CEO of ERC Global Life & Health, a $2.6 billion unit of GE's Employers Reinsurance Corporation (ERC).

The appointment is part of a strategy to focus on selected markets and products, creating a smaller, higher return life and health reinsurance business.

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Press Release

GE Consumer Finance and American Eagle Outfitters Sign Private Label Credit Card Extension

October 23, 2003

STAMFORD, Conn.--Oct. 23, 2003--GE Consumer Finance announced today that it has signed a two-year extension of its agreement with American Eagle Outfitters, Inc., to continue to provide private labe credit card services for the apparel retailer throughout the U.S. until Jan. 1, 2008.

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Press Release

GE Frankona Industry Symposium in South Africa:`Earthquakes and their Impact on Greater Johannesburg and Pretoria'

October 20, 2003

MUNICH--(BUSINESS WIRE)--Oct. 20, 2003--Is there an increased danger of earthquakes due to ultra deep mining or other geological impacts that are already measurable or foreseeable today?

In order to broaden opinion and exchange experts' views, GE Frankona Reinsurance will host a Symposium on Tuesday, November 4, 2003, at 4.00 p.m. at the Michelangelo Hotel in Johannesburg.

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Press Release

Wal-Mart Enhances Its Private-label Credit Card with New Features Requested by Customers; Wal-Mart, GE Consumer Finance extend U.S. agreement through 2009

October 14, 2003

BENTONVILLE, Ark.--Oct. 14, 2003--Wal-Mart Stores, Inc. is offering its private label credit card customers more reasons to shop this fall by adding a robust set of features that deliver both cost savings and additional convenience.

The new card will allow customers to:

-- Choose their own payment due date

-- Make in-store payments at any Wal-Mart register

-- Receive a 3-cents-per-gallon discount on gasoline purchases at participating locations

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Press Release

Fasoli Named to Lead New GE Affiliate Company:Retail Sales Finance Servicing Company

October 07, 2003

ST. PAUL, Minn.--(BUSINESS WIRE)--Oct. 7, 2003--GE Consumer Finance has named Dave Fasoli president of the new Retail Sales Finance Servicing Company, which was created following the purchase of the Conseco Finance Corp. and Mill Creek Bank in June.

The new company will focus on consumer financing and dealer sales programs for the power sports, home improvement, home products and retail industries. Headquartered in St. Paul, Minn., the organization includes operations in Tempe, Ariz., and Rapid City, S.D., as well as field personnel.

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Press Release

Wal-Mart, GE Consumer Finance Set to Launch New Private-Label Credit Card in Canada

October 02, 2003

MISSISSAUGA, ONTARIO--(BUSINESS WIRE)--Oct. 2, 2003--Wal-Mart Canada and GE Consumer Finance announced today that they will launch the first private-label credit card programs for Wal-Mart and SAM's CLUB stores in Canada beginning this fall.

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Press Release

HCP Medical Office Portfolio, LLC AnnouncesDefinitive Agreement to Acquire $460 Million in Medical OfficeBuildings from MedCap Properties, LLC

October 01, 2003

CHICAGO & STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 1, 2003--

New Joint Venture Formed by GE Commercial Finance and Health Care Property Investors, Inc.

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Press Release

GE Mortgage Insurance Decides to Move to AA/Aa2 Capital Levels

September 26, 2003

RALEIGH, N.C.--Sept. 26, 2003--GE Mortgage Insurance today announced its intention to manage and operate its domestic business in the future at capital levels consistent with 'AA/Aa2' credit ratings.

In the United States, GE Mortgage Insurance is currently rated 'AAA' by Standard & Poors and Fitch, and 'Aaa' by Moody's.

The company made the decision after an extensive strategic review and analysis of its business and capital structure in light of customer and investor requirements, as well as the competitive landscape.

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Press Release

ERC Bolsters its Global Expertise to Better Serve Customers

September 25, 2003

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sept. 25, 2003--GE's Employers Reinsurance Corporation (ERC) today announced several key appointments that underscore its commitment to delivering world-class customer service backed by global expertise.

-- David Bassi is the new Global Risk & Underwriting Leader for ERC's P&C reinsurance unit;

-- Cora Stahrenberg is the new Human Resources Leader for the company's P&C reinsurance unit; and

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