GE Oil & Gas Steam Turbine Powers Green Energy Biomass Project at Washington State Paper Mill

FLORENCE, ITALY – February 15, 2011 –A new green energy cogeneration plant at the Nippon Paper Industries USA pulp and paper mill in Port Angeles, Washington, U.S.A. will feature a steam turbine generator supplied by GE Oil & Gas and powered by residue from local timber operations to generate 20 megawatts of power, becoming the first biomass project in the Port Angeles region of Washington State.

Harold Norlund, Mill Manager Nippon Paper Industries USA said: “Federal and state incentives for renewable energy produced from biomass applications, Washington State government support from legislators, Department for Natural Resources, and Department of Commerce, along with strong community support have enabled this project to move forward. Using advanced steam turbine technology from GE Oil & Gas the plant will make our paper mill operations more efficient and sustainable, helping to reduce overall air pollution by producing power from forestry biomass.”

Joe Mastrangelo, Vice-President - Turbomachinery, GE Oil & Gas said: “The Nippon Paper Industries USA Port Angeles project demonstrates the capability of GE Oil & Gas’ advanced steam turbines to use a diverse fuel mix, including forestry byproducts. In addition to paper mills, the range of applications for this technology includes sugar mills, refineries and petrochemical processing plants, electric power generation and the marine industry, as well as conventional mechanical drive applications in the oil and gas industry.”

The steam turbine will be manufactured at the Thermodyn unit of GE Oil & Gas in Le Creusot, France and will be shipped to the project site in February 2012, with commercial operation scheduled for later that year. The plant will produce power and steam for use in the pulp and paper mill, with excess electricity sold to local power companies.

About GE Oil & Gas

GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. GE Oil & Gas also provides pipeline integrity solutions, including inspection and data management, and design and manufacture wire-line and drilling measurement solutions for the oilfield services segment. As part of its 'Innovation Now' customer focus and commitment, GE Oil & Gas exploits technological innovation from other GE businesses, such as aviation and healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 100 countries.

About GE

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site atwww.ge.com.

For more information, contact:

Nigel O’Connor
GE Oil & Gas
+44 (0)1252 601 496
+44 (0) 776 611 5135

nigel.o’connor@ge.com

Ken Darling
Masto Public Relations
+1 518 786 6488

kenneth.darling@ge.com