GE Money - Auto Warranty Services Releases 2007 Program

Expanded Product Offering, Continued Price Stability and an Experienced Marketing Leader

LAKEWOOD, COLO. – February 26, 2007 – GE Money’s Auto Warranty Services unit, a leading provider of vehicle service contracts (VSC), recently launched its 2007 program with a wider range of products. For the third year in a row, AWS maintained it pricing for participating new and used car dealerships. The organization also announced the appointment of Amanda Costanzi as vice president, Marketing and Product Development.

“We continue to provide industry-leading stability and financial security with our full suite of updated products," said Orlando Zayas, president of GE Money – Auto Warranty Services. "I'm proud to say we experienced 30 percent growth in 2006, and we expect to build on that momentum with our 2007 program.”

The 2007 program has expanded terms to better support underlying factory warranties and competitive pricing with terms to 100,000 miles. Auto Warranty Services will continue to administer and insure service contracts and work with providing dealers to support customers. Multiple vehicle class reductions enable AWS to offer competitive pricing on both original equipment manufacturer (OEM) and other independent providers.

"By midyear, we expect to add at least two new products to our offerings and expand the number and quality of our marketing materials available for both agents and dealers,” said Costanzi. “These efforts, combined with our strong customer service will help propel GE Money further ahead in the industry."

Costanzi will be responsible for driving growth through expanded marketing initiatives and new product delivery. She comes to the position from GE's Partnership Marketing Group, where she successfully chartered a new marketing communications model to leverage resources and deliver multi-channel campaigns for numerous brands, including AARP Motoring Plan, SAM’S Club – Motor Club, Exxon and Porsche.

About Auto Warranty Services and GE Money
Auto Warranty Services, based in Lakewood, Colo., is part of GE Money, formerly GE Consumer Finance. AWS provides more than 25 years of experience in the service contract industry, where they specialize in solutions for automotive, power sports and recreational vehicles. Dealers interested in learning more or enrolling in the GE AWS program can contact 1-800-234-2647, option 3.

With $163 billion in assets, GE Money, a unit of General Electric Company (NYSE: GE), is a leading provider of credit services to consumers, retailers and auto dealer in approximately 50 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com .

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 .

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For more information contact:
Cristy Williams, 678.518.2596 or cristy.williams@ge.com