GE Brings National Healthcare Initiative to Wilmington, N.C.

WILMINGTON, N.C.—May 5, 2011—Seeking to improve access to quality healthcare for underservedcommunities around the United States, the GE Foundation—the philanthropic organization of GE(NYSE: GE)—today announced it has selected New Hanover Community Health Center in Wilmington toreceive a $250,000 grant over the next two years through its national GE Developing Health™program.

New Hanover County has an uninsured rate of 24 percent (ages 19-64) and 18 percent of countychildren (under age 18) are in poverty.

Today’s $250,000 grant was presented at a ceremony at New Hanover Community Health Center thatwas attended by local government and business leaders. In addition to the grant, GE also will provideskill-based volunteer support to New Hanover Community Health Center for the next three years.

“This money is critical in allowing New Hanover Community Health Center to continue addressing theneeds of our community,” said Alfred Thomas, CEO, New Hanover Community Health Center. “Thesedollars will allow us to improve and increase access to primary care services for the more than 5,000patients we provide services for annually.”

Developing Health is a three-year, $50 million program that aims to improve access to primary care intargeted underserved communities across the United States. The program is modeled after GE’ssuccessful philanthropic program Developing Health Globally™ and is a partnership between GE’sCorporate Citizenship and Diversity Council organizations. The program also aligns with GE’shealthymagination initiative, a commitment to reduce costs, improve quality and increase access inhealthcare.

“In addition to employing thousands of people in the region, GE’s Developing Health initiativeunderscores our commitment to improve the quality of life for New Hanover County residents,including those in underserved populations,” said GE Hitachi Nuclear Energy president and CEOCaroline Reda, who presented the check to New Hanover Community Health Center. “Community bycommunity, GE is doing its part to help improve access to quality, affordable healthcare for the peoplewho need it most.”

Since its launch in October 2009, the program has provided grants to health centers in Atlanta,Baltimore, Cincinnati, Erie (Pa.), Fairfield County (Conn.), Greenville (S.C.), Houston, Louisville (Ky.),Milwaukee, New York City, New Orleans, Salt Lake City, Schenectady (N.Y.), and now to New HanoverCommunity Health Center in Wilmington.

Wilmington is home to several GE businesses that are co-located at GE’s Castle Hayne campus,including the global headquarters of GE Hitachi Nuclear Energy, Global Nuclear Fuel Americas’ fuelfabrication plant and a GE aircraft engine services center.

GE Volunteers to Share Best Practices

GE volunteer teams are a critical component of the Developing Health program. Through the program,GE employees work with the health centers to address specific needs, ranging from marketingcommunications to process improvements, and offer their business skills and experience to driveimprovements that benefit patients and workflows.

Developing Health enables health centers like New Hanover Community Health Center in Wilmingtonto work directly with GE’s Affinity Networks and employee groups, which include the Asian PacificAmerican Forum, Women’s Network, Hispanic Forum, African American Forum and Veteran’s Network.

The Affinity Networks and employee groups partner with non-profit health centers and offer volunteersupport as well as business best-practices sharing in order to help the clinics with their mission toreach underserved populations and enable access to primary care.

“Through our work with the GE Affinity Networks, we have seen first-hand that access to qualityhealthcare is an issue that affects all cultures and backgrounds,” said Deborah Elam, vice presidentand chief diversity officer, GE. “We are proud to use our collaborative resources to champion theDeveloping Health program to provide access to primary healthcare and other vital personaldevelopment opportunities to the underserved populations in Wilmington and across the UnitedStates.”

For more information on the Developing Health program in the United States, please visit:http://www.ge.com/foundation/developing_health.jsp.

For more information on the Developing Health Globally™ program, please visit:

target="_blank">http://www.ge.com/citizenship/programs-activities/philanthropy/developing-health-globally.html

About the GE Foundation

The GE Foundation, the philanthropic organization of the General Electric Company, works to solvesome of the world’s most difficult problems. In coordination with its partners, it supports U.S. andinternational education, developing health globally, the environment, public policy, human rights anddisaster relief. In addition, the GE Foundation supports GE employee and retiree giving andinvolvement in GE communities around the world. In 2010, the entire GE family—including businesses,employees, retirees and the GE Foundation—contributed more than $250 million in cash, products, andservices to charitable organizations around the world. For more information, visitwww.gefoundation.com.

About GE

GE (NYSE: GE) is a diversified infrastructure, finance and media company taking on the world’stoughest challenges. From aircraft engines and power generation to financial services, medicalimaging, and television programming, GE operates in more than 100 countries and employs about300,000 people worldwide. For more information, visit the company's Web site atwww.ge.com.

Our "healthymagination" vision for the future invites the world to join us on our journey as wecontinuously develop innovations focused on reducing costs, increasing access and improving qualityand efficiency around the world. Healthymagination is a $6 billion commitment that was launched inMay 2009.

For more information, contact:

Michael Tetuan
GE Hitachi Nuclear Energy
+1 910 819 7055

michael.tetuan@ge.com

Tom Murnane or Howard Masto
Masto Public Relations
+1 518 786 6488

tom.murnane@mastopr.com

howard.masto@ge.com