May 2009Investor Update

Business highlights

GE Technology page 2 Infrastructure

GE Energy page 3 Infrastructure

GE Capital Finance page 4

NBC Universal page 5

Film release schedule page 5

Citizenship and page 6 ecomaginationsm

Upcoming investor page 6 events

Contact

Trevor A. Schauenberg Vice President Corporate Investor Communications

3135 Easton Turnpike Fairfield, CT 06828 USA

T 203 373 2424 F 203 373 2071 trevor.a.schauenberg@ge.com

May 4, 2009

To the Investment Community,

On April 17, GE announced first quarter 2009 earnings. Here are the highlights:

• Earnings per share (EPS) of $.26, down 40%; earnings of $2.8 billion, down 35%

• Revenues of $38.4 billion, down 9%; Industrial sales down 1%; financial services revenues down 20%; Industrial organic revenue was flat year-over-year

• Energy Infrastructure earnings grew 19%; Technology Infrastructure earnings grew 6%

• Capital Finance earned $1.1 billion in 1Q and remains on track for profitable 2009

• Capital Finance extended $69 billion of new credit in 1Q

• Total equipment and services backlog steady at $171 billion; 1Q Infrastructure orders totaled $19 billion, down 10%

• Achieved 93% of planned 2009 long-term debt funding; $47 billion cash and equivalents (100% funded as of April 24th)

• Results do not include any impact from newly issued mark-to-market rules; implementing in 2Q

• Cash generated from operating activities totaled $2.8 billion, on plan

You can find the press release and presentation material, as well as listen to and read the transcript of the earnings webcast here.

GE held its 2009 Annual Meeting of Shareowners on April 22, 2009 in Orlando, Florida. For materials related to the event, including presentations from both Chairman & CEO Jeff Immelt and Vice Chairman & CFO Keith Sherin, please click here.

On May 1, GE filed its first quarter 2009 Form 10-Q. Excluding exhibits, this document is 61 pages, an increase of 85% from the first quarter 2008 filing and includes expanded disclosures based on new accounting standards. The filing can be found on our investor website at http://www.ge.com/investors/financial_reporting/sec_filings/index.html.

Consistent with our commitment to increase disclosure and provide more transparency regarding our financial services businesses, please find a new supplemental statistical summary to our first quarter 2009 Form 10-Q filing here. We will publish updates in conjunction with the release of our 10-Q and 10-K going forward.

For presentations, news and other helpful information please visit our investor web site at www.ge.com/investor.

Regards,

GE and Intel Corporation announced an alliance to market and develop •home-based health technologies that will help seniors live independently and patients with chronic conditions manage their care from the comfort of their home or wherever they choose. The market for telehealth and home health monitoring is predicted to grow from $3 billion in 2009 to an estimated $7.7 billion by 2012*. Full Text Here

GE Healthcare, a leading provider of healthcare information technology, •has announced a collaboration with the Centers for Disease Control and Prevention’s National Center for Public Health Informatics. The project will demonstrate the capability of a public health agency to utilize electronic medical record systems to provide clinicians with timely, patient-specific information at the point of care. Full Text Here

GE announced that it has signed a definitive agreement with SAFRAN for •SAFRAN to acquire 81% of GE Security’s Homeland Protection business for $580 million. Upon close, GE will own 19% and SAFRAN will have majority interest with 81%. Full Text Here

GE Fanuc Intelligent Platforms, a unit of GE Enterprise Solutions, announced •its QuickPanel® Remote Telemetry Unit applied solution enabling Water/Wastewater companies to monitor, diagnose and maintain water assets and processes through flexible communication architectures. The solution lowers maintenance costs by approximately $50,000 per year and reduces 10-year asset life cycle cost by nearly $1 million over competitive products. Full Text Here

GE Aviation announced the Federal Aviation Administration certification of •the flight management system (FMS) software Update 10.8 for Boeing Next-Generation 737s. The new software is standard fit for all 737 production airplanes starting February 2009. The FMS 10.8 software update provides improved operation, increased navigation data base size for storage of a worldwide size data base with 95% spare memory for growth, and supports the APB Blended Winglet installation on all 737 Classic and Next-Generation airplanes. “GE’s flight management system is an example of how we’re helping operators to reduce costs, while improving performance as it relates to on-time arrivals and less fuel, emissions, noise and less through-life cost,” said Lorraine Bolsinger, president and CEO of GE’s Aviation Systems. Full Text Here

GE Transportation announced that it has been awarded UIC certificates •E-001/2009-02 for its Evolution® V12 diesel locomotive engines that power its Evolution Series locomotives. These engines cover a performance range up to 2,982 kW and currently form the platform for GE’s international family of locomotives most recently supplied to Kazakhstan Temir Zholy (Kazakhstan Railways) and Egyptian National Railways. This is a singular achievement as it provides assurance to GE’s customers around the world that GE locomotives are environmentally compliant. Full Text Here

*Combined data for United States and Europe. Data Monitor reports Telehealth spending North

America and Telehealth spending 2007 –2012

GE Technology Infrastructure

May 2009 Investor Update 2

GE Energy Infrastructure

May 2009 Investor Update 3

Mayor Manny Diaz of Miami, Florida joined with Florida Power and Light, GE, •Cisco Systems and Silver Spring Networks to launch “Energy Smart Miami,” a groundbreaking energy initiative that proposes to use federal economic stimulus funds to help spur a $200 million investment in “Smart Grid” tech-nology and renewable energy over the next two years. GE, a world leader in power generation, distribution, and management technology, will supply key components of the project, which include Smart Meters and may extend to advanced applications and smarter control systems. Full Text Here

GE Energy announced a multi-year contractual service agreement (CSA) •with Emirates Aluminium as it nears completion of what will become the world’s largest single-site aluminum smelter complex. Valued at more than $200 million, the CSA is designed to support the power requirements of this project, located close to the Arabian Gulf near Al Taweelah, Abu Dhabi and considered to be the UAE’s largest industrial project outside of the oil and gas sector. Phase one of the project will have an installed capacity of more than 2,000 megawatts of electricity to be used in the production of 700,000 tons of aluminum per year, while phase two will increase capacity to 1.4 million tons of aluminum per year. Full Text Here

Signaling a positive note for the U.S. wind industry, one of the first wind energy •projects expected to benefit from President Obama’s stimulus plan is being developed by Invenergy Wind in LaSalle County, Illinois. GE Energy will supply 74 of its 1.5-megawatt wind turbines to begin the expansion of the Grand Ridge Energy Center, which, when completed, will increase the country’s wind power capacity by over 110 megawatts, enough clean energy for 30,000 U.S. households. Full Text Here

A cogeneration power plant in Cremona, Italy is the site of the world’s first •commercial application of new 15 ppm Dry Low NOx (DLN) technology devel-oped by GE Oil & Gas, which is capable of meeting the strictest DLN emissions standards in Europe. Thanks to this technology breakthrough, the GE10 gas turbine at the plant is setting a new standard for controlling the NOx emis-sions for mechanical drive gas turbines, demonstrating the capability of the 15 ppm NOx emissions across a wide 50 to 100% load range. Full Text Here

GE Capital Finance

May 2009 Investor Update 4

GE Capital announced it led a $125 million debtor-in-possession credit facility •to BI-LO, one of the largest supermarket chains in the Southeastern U.S. The loan will be used for working capital needs as the company restructures under Chapter 11. Full Text Here

GE Antares, a unit of GE Capital, announced that it has agented a $115 million •senior credit facility to facilitate Wind Point Partner’s acquisition of Hearth-side Food Solutions. The financing consists of a $20 million five-year revolving credit facility, and a $95 million five-year term loan A. Full Text Here

A123Systems announced it has raised $69 million from GE and other investors •to accelerate the expansion of its US lithium ion battery manufacturing and smart grid capabilities. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage. GE Energy Financial Services and GE Capital’s Equity unit provided $15 million of the amount raised by A123 in this financing. This is GE’s seventh investment in A123, making it the company’s largest cash investor and bringing GE’s cumu-lative investment to $70 million – increasing its ownership stake to more than ten percent. Full Text Here

GE is joining current investors to provide $10 million to the world’s largest •manufacturer of small wind turbines, Southwest Windpower. Southwest Windpower—designer and producer of small wind turbines up to 3 kW—will use this new funding to accelerate its growth in new markets and products. Full Text Here

Calpine Corporation and GE Energy Financial Services announced that the •California Public Utilities Commission has approved an amended Power Purchase Agreement for a state-of-the-art combined-cycle natural gas power plant, Russell City Energy Center, to be built in Hayward. The agreement calls for Russell City Energy Company, LLC—owned 65 percent by a Calpine Corpo-ration affiliate and 35 percent by a GE Energy Financial Services affiliate—to sell its full 600-megawatt output to Pacific Gas & Electric (PG&E). In addition, PG&E will supply natural gas to the plant for the entire ten-year term of the contract, which is expected to begin in mid-year 2012. Full Text Here

GE Capital’s Healthcare Financial Services business •announced it has provided a $25 million senior secured credit facility to Regency Healthcare Group based in Brent-wood, Tennessee. The company will use the loan to refinance existing debt and for growth capital. Full Text Here

In it’s April 3 opening weekend, • Fast & Furious was the No. 1 box office hit in the world. The film grossed nearly $72 million domestically and over $30 million in the 32 international markets where it opened. The film broke Universal Pictures’ records becoming the highest grossing non-holiday weekend film opening in the studio’s almost 100-year history. It was also the biggest opening for the franchise, the highest grossing opening film of 2009 and the biggest April opening in motion picture history.

TODAYshow.com and Zumobi unveiled the official TODAY application for the iPhone and iPod touch, offering millions of •consumers access to the program’s leading news, entertainment and lifestyle content, right from their mobile device. This application is a first-of-its-kind for the morning news program category and represents a compelling new way for TODAY viewers to enjoy content from America’s number-one morning program for 13 years running. Full Text Here

NBC.com garnered seven nominations and one honoree for the 13th Annual Webby Awards and •NBC Sports Digital received five nominations, more than any of its competitors, it was recently announced by The Webby Awards, the leading international honor for the Web. Full Text Here

On April 8, CNBC’s “Mad Money with Jim Cramer” celebrated its 1,000th episode in front of a live •studio audience of Cramerica fans from across the country. Full Text Here

NBC Everywhere, through a partnership with JCDecaux North America and The Port Authority of New York and New •Jersey, launched “NBC in Transit” on PATHVISION, a network of nearly 3,000 digital screens featured at PATH stations and in trains. The joint venture between the companies marks the first time local and national news and entertainment content will be broadcast in tri-state area trains and stations. PATHVISION screens will feature NBC Universal content on PATH platforms and trains, reaching 6.3 million monthly riders. Full Text Here

Ratings highlights:

The April 2 series finale of NBC’s • ER (6.0 rating, 16 share in adults 18-49, 16.4 million viewers overall) delivered the biggest 18-49 rating for a drama series finale on the broadcast networks since May 19, 2002. In total viewers, it had biggest result for a drama series finale since May 19, 1996.

The April 9 debut of the NBC drama• Southland won its time period in adults 18-49 and nearly all other key demographics. Southland increased from half-hour to half-hour by 6% in adults 18-49 rating, making it the first launch of a 10 p.m. network drama to build in 18-49 rating from half-hour to half-hour in more than four years, since NBC’s Medium on January 3, 2005.

USA delivered more P25-54 (1.42 million), P18-49 (1.35 million), total viewers (3.08 million) and •households (2.29 million) than any other basic cable entertainment network in history for the month of April. This marks a first for basic cable with USA averaging a record-breaking ratings’ win of more than 3 million total viewers for the month.

msnbc.com is named America’s #1 news site for 10th consecutive month.•

Upcoming filmsMay 29: • Drag Me to Hell (Alison Lohman, Justin Long)

June 5: • Land of the Lost (Will Ferrell)

July 1: • Public Enemies (Johnny Depp, Christian Bale)

NBC Universal

May 2009 Investor Update 5

Citizenship and ecomagination

GE Consumer & Industrial’s month-long Earth Day initiative, GE •Project Plant-a-Bulb (www.GEProjectPlantaBulb.com), helped consumers consider the environmental and financial benefits of energy efficient lighting, while bringing the lasting beauty and positive effects of perennial flower bulbs to selected Midwestern landscapes in cities such as Cleveland and Chicago. For every unique visitor to www.GEProjectPlantaBulb.com over the next 30 days, GE will plant a corresponding number of flower bulbs, up to 100,000 in total. Full Text Here

With the international community seeking to expand the develop-•ment of different types of renewable energy, more farmers in North America and Europe are using GE Energy’s ecomagination-certified Jenbacher engines to generate onsite power from biogas created from converted animal waste and other agricultural organic mate-rials. The waste of 2,500 cows, 15,000 pigs or 300,000 chickens can create enough biogas to power one of GE’s Jenbacher cogeneration units with electrical output of 500 kW, which is enough energy to supply more than 900 EU homes. Full Text Here

May 2009 Investor Update 6

Upcoming investor events (subject to changes)

May 19*: 2009 Electrical Products Group (EPG) Conference•

July 17*: GE 2nd Quarter 2009 Earnings Webcast•

*Meeting will be webcast. Webcast replays are retained on our web site for 14 days. Podcasts are also available by accessing the following link: http://www.ge.com/rss/investor.xml