GE appoints Tejpreet Chopra as president & CEO for India

Bangalore, May 21, 2007: General Electric Company (GE) today announced the appointment of Tejpreet Singh Chopra (TP Chopra) to the position of President & CEO for GE in India, succeeding Scott R Bayman, who has served with distinction in this role for 14 years. TP Chopra will be responsible for the strategic and overall leadership of all GE businesses in India.

TP Chopra is currently the President and CEO of GE Commercial Finance, India. A ten-year GE veteran, TP Chopra brought considerable management and global finance experience to the post of CEO, Commercial Finance, which he assumed in May 2006. Prior to this, TP Chopra was Senior Vice-President and Country Head - India for GE Commercial Aviation Services (GECAS), the commercial aircraft leasing and financing unit of GE. In 2005, he moved from the unit's headquarters in Stamford, Connecticut, USA, to open the GECAS office in Delhi and has since arranged for more than US$1 billion in financing for India's growing airline industry.

Since joining GE in 1996, he has held positions in marketing, structured finance and risk management, at Stamford and Hong Kong for GE Commercial Aviation Services (GECAS).

With over 20 years of experience, TP Chopra takes up the position of President & CEO, GE in India with effect from 01 June 2007, reporting directly to Mr. Ferdinando Beccalli-Falco, President & Chief Executive Officer, GE International.

"I am pleased to announce the appointment of TP Chopra as the President and CEO of GE in India. The appointment of TP Chopra to this new role is a testimony to the high caliber of Indian leadership, TP Chopra brings with him in-depth industry experience that will play a very crucial role in driving for accelerated growth in India. I am confident that TP Chopra's leadership will help us continue to grow in this strategically important market", said Ferdinando Beccalli-Falco, President & Chief Executive Officer, GE International.

"I would also like to take this opportunity to thank Scott for the great accomplishments and progress that GE made in India under his leadership", he added.

"I welcome TP Chopra to this new role. We, at GE, are committed to being a growth partner to India by leveraging our diverse set of businesses to help the country meet some of its priorities and contribute to India's economic development. I am happy to have been a part of GE's growth journey in India and am confident that under TP Chopra's leadership, GE in India will move towards achieving greater heights", said Mr. Scott R Bayman, the outgoing President & CEO, GE in India.

"India's growth story has captured the imagination of the world and GE's plan for India is firmly aligned with the country's objectives. I am truly excited to be part of this growth path and look forward to moving GE in India to the next level of success", said TP Chopra.

A graduate from St Stephen's College, Delhi University and Cornell University, with degrees in Economics and an MBA respectively, TP Chopra held various business roles in France, England, Hong Kong, India and USA.

About GE

GE (NYSE: GE) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com

About GE in India

GE installed India's first hydropower plant in 1902. Today, all of GE's global businesses have a presence in India. The company participates in a wide range of manufacturing, services and technology businesses in the country. GE's revenues in India for 2006 are $1.9 billion. Employment across India exceeds 13,000.