GE Announces Common Stock Offering

General Electric
                  

General Electric Company (NYSE: GE) today announced plans to offer
approximately 118 million shares of its common stock to raise capital
of approximately $3.8 billion at current market prices. The offering
is being made from an existing shelf registration statement.

The joint book-runners are: Morgan Stanley; Citigroup; Goldman, Sachs & Co.; and
JPMorgan. A prospectus for the common stock offering may be obtained from Morgan
Stanley Prospectus Department, 1585 Broadway, New York, New York 10036 (212)
761-4000; Citigroup, 388 Greenwich Street, New York, New York 10013; Goldman,
Sachs & Co., 85 Broad Street, New York, New York 10004; and JPMorgan Prospectus
Department, 1 Chase Manhattan Plaza, New York, New York 10081 [phone].

GE (NYSE: GE) is a diversified technology, media and financial services company
dedicated to creating products that make life better. From aircraft engines and
power generation to financial services, medical imaging, television programming
and plastics, GE operates in more than 100 countries and employs more than
300,000 people worldwide.

Caution Concerning Forward-Looking Statements

This document includes certain 'forward-looking statements' within the meaning
of the Private Securities Litigation Reform Act of 1995. These forward-looking
statements include, but are not limited to our plans, objectives, expectations
and intentions and other statements contained in this report that are not
historical facts as well as statements identified by words such as 'expects',
'anticipates', 'intends', 'plans', 'believes', 'seeks', 'estimates' or words of
similar meaning. These statements are based on our current beliefs or
expectations and are inherently subject to significant uncertainties and changes
in circumstances, many of which are beyond our control. Actual results may
differ materially from these expectations due to changes in global political,
economic, business, competitive, market and regulatory factors.

Contact:   General Electric, Fairfield
           David Frail, 203/373-3387 and 203/605-7909
           [e-mail]