GECAS Announces New Aircraft Orders

15 June 2005

Le Bourget, June 15, 2005 -- GE Commercial Aviation Services (GECAS), a unit of GE Commercial Finance, today announced it has signed letters of intent with aircraft manufacturers Airbus and Embraer for new aircraft to meet demand for leased airplanes from airline customers.

GECAS has signed letters of intent for a firm order for 10 Airbus A350 aircraft and 20 Embraer 190/195 aircraft. Both transactions are subject to final documentation and certain conditions, such as the industrial launch of the A350 program.

"Both the Airbus A350 and Embraer 190 models will serve important, growing -- but different -- airline customer segments. The new aircraft orders will position GECAS to meet the needs of these customers going forward," said Henry Hubschman, president of GECAS.

GE Commercial Aviation Services (GECAS), a unit of GE Commercial Finance, is the commercial aircraft financing and leasing business of General Electric Co. GECAS has a fleet of more than 1,300 owned aircraft and offers a full range of aircraft fleet, financing and productivity solutions including operating leases, secured debt financing, engine leasing, spare parts financing and management, and pilot training. GECAS has offices in 22 cities worldwide.

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 the company's Web site at www.ge.com.

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