GE Commercial Finance Expands Corporate Lending Business; New Products and Industry Solutions Provide Smarter Capital To Customers

By combining its long-standing asset-based lending, cash flowlending and structured finance platforms under the Corporate Lendingumbrella, GE Commercial Finance is creating a single touchpoint forcustomers while unlocking deeper value in each engagement. Supportedby a research-driven approach to build customized solutionsindustry-by-industry, Corporate Lending is uniquely positioned tosupport the entire customer lifecycle, from growth capital and mergers& acquisitions to corporate restructurings, where the company is aleading provider of Debtor-in-Possession (DIP) financing.

Tom Quindlen will lead the expanded Corporate Lending business andbrings more than 20 years of experience in senior sales and commercialexcellence roles across GE. Tom is a GE Officer and previously servedas Commercial Leader for GE Capital Solutions and President and CEO ofGE Franchise Finance.

"Growth for the benefit of our customers is the key here," saidQuindlen. "The expanded capabilities will allow us to build moremeaningful and longer-term customer relationships. Whether it's today,next year or five years from now, our goal is to be a lender for allseasons, one that helps customers grow in every business cycle."

Smarter Capital for Business

With $15 billion in served assets and 400+ professionals across 40locations in North America, Corporate Lending has expanded itsoffering for companies that are growing, maturing and restructuring.Complimenting its strength in asset-based and cash flow lending, thecompany now provides structured leasing, tax-advantaged financing,securitization, project financing, junior secured and second lienloans, equity capital and interest rate management.

The GE Capital Markets team ranked #9 in volume and #4 in leadarranged transactions, and #2 for second lien transactions inReuters/LPC's 2005 Leveraged League tables, and includes a dedicatedCorporate Lending team led by Jennifer VanBelle, managing director.

Corporate Lending's Restructuring Finance team, led by managingdirectors Frank Galle and Rob McMahon, will continue its focus onfinancing corporate turnarounds and restructurings. In 2005, this teamwas again among the leaders in debtor-in-possession financings, and in1Q 2006 completed $2.3Bn in new DIP and other restructuringtransactions.

Industry Specialization

Launched earlier this year, Corporate Lending is using aresearch-driven industry approach designed to deliver solutionstailored to the unique capital requirements of customers. Theinitiative is led by Craig Reynolds, senior managing director, andincludes a team of Industry Leaders supported by dedicated researchanalysts.

The Industry Leaders partner closely with Corporate Lending'sregional sales force to build customized solutions across nine keyindustries: Aerospace & Defense; Automotive & Automotive Parts;Chemicals & Plastics; Food, Beverage & Agriculture; Financial &Business Services, General Manufacturing; Paper, Packaging & ForestProducts; Steel & Diversified Metals; and Transportation &Construction. The industry team brings more than 175 years of relatedexperience, many former CFOs and operational managers within theirtarget markets.

The industry-aligned approach also builds on Corporate Lending'sexperience as a leading provider of financial solutions for the Retailindustry. Jim Hogan, managing director, will continue to leadCorporate Lending's Retail Finance efforts, supported by a dedicatedteam of retail sales and risk specialists.

Enhanced Regional Focus

An expanded regional coverage model includes six regions acrossNorth America: Northeast, New York City Intermediaries, South,Midwest, West and Canada. Leading the regional teams is Jim Kelly,General Manager for North America. In this role, Kelly will overseeall front-end activities in North America.

Reporting to Kelly are six Region Managers responsible for drivinggrowth in their territory: Randy Hicks in Norwalk, Conn.; Al Spada inNew York City, Bob Biringer in Atlanta, Paul Feehan in Chicago, AndrewWaterson in Los Angeles and Ellis Gaston in Toronto.

Background for Tom Quindlen

Quindlen graduated from Villanova and began his professionalcareer with GE through the Financial Management Program in 1985. Uponcompletion, Quindlen held various financial management roles in GEAerospace. He moved to GE Capital's Vendor Financial Services in 1992,where he held roles in Marketing, Business Development and Sales.Quindlen joined GE European Equipment Finance in London as Director ofBusiness Development and Marketing in 1996. After serving as ExecutiveVice President of Sales and Marketing at GE Japan Leasing, he wasappointed president and CEO of GE Franchise Finance in 2002. He wasmost recently Commercial Leader for GE Capital Solutions.

About GE Commercial Finance

GE Commercial Finance, which offers businesses around the globe anarray of financial products and services, has assets of over $190billion and is headquartered in Stamford, Connecticut. GE (NYSE: GE)is Imagination at Work - a diversified technology, media and financialservices company focused on solving some of the world's toughestproblems. With products and services ranging from aircraft engines,power generation, water processing and security technology to medicalimaging, business and consumer financing, media content and advancedmaterials, GE serves customers in more than 100 countries and employsmore than 300,000 people worldwide. For more information, visit thecompany's website at ge.com.