September/October 2013 (PDF)
8
November 22, 2013 To the Investment Community, On September 9, Tom Quindlen, President and CEO, GE Capital Corporate Finance, presented at the Vertical Research Partners Industrial Conference. Mr. Quindlen discussed the main benefits for customers who work with GE Capital and highlighted the key messages of the Capital business going forward, shown on the slide below. Access the presentation materials. On September 13, the Board of Directors of GE declared a $0.19 per share dividend on the outstanding common stock of the company payable on October 25, 2013, with a record date of September 23, 2013 and an ex-dividend date of September 19, 2013. Also on September 13, the Board of Directors of GE elected James E. Rohr, chairman and former CEO of The PNC Financial Services Group, as a GE director. Read the press release. On September 18, Jeff Immelt, Chairman and CEO announced the appointment of Dan Heintzelman as Vice Chairman of GE to focus on services and operations. Lorenzo Simonelli was appointed to succeed Mr. Heintzelman as CEO of GE Oil & Gas. Russell Stokes was appointed to succeed Mr. Simonelli as CEO of GE Transportation. All three appointments were effective October 1. Read the press release. On September 18, Mark Little, Senior Vice President and Chief Technology Officer, presented at the Citi Industrials Conference. Mr. Little highlighted GE’s deep commitment to technology and vision for the Industrial Internet, shown on the slide to the left. He discussed the global expansion of GE’s research centers along with exciting new advances, including additive manufacturing, the LEAP engine, and CMCs. Access the presentation materials. Also on September 18, Bill Ruh, Vice President, Global Software Center, presented at the Morgan Stanley Industrials Conference. Mr. Ruh discussed how GE is positioned to lead the push into the age of the Industrial Internet. Access the presentation materials. Business Highlights Industrial Businesses page 3 GE Capital page 7 Other Company News page 8 Investor Events page 8 Contact Trevor A. Schauenberg Vice President Corporate Investor Communications 3135 Easton Turnpike Fairfield, CT 06828 USA T 203 373 2424 F 203 373 2071 [email protected] September/October 2013 Investor Update
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Transcript of September/October 2013 (PDF)
November 22 2013
To the Investment Community
On September 9 Tom Quindlen President and CEO GE Capital Corporate Finance presented at the Vertical Research Partners Industrial Conference Mr Quindlen discussed the main benefits for customers who work with GE Capital and highlighted the key messages of the Capital business going forward shown on the slide below Access the presentation materials
On September 13 the Board of Directors of GE declared a $019 per share dividend on the outstanding common stock of the company payable on October 25 2013 with a record date of September 23 2013 and an ex-dividend date of September 19 2013 Also on September 13 the Board of Directors of GE elected James E Rohr chairman and former CEO of The PNC Financial Services Group as a GE director Read the press release
On September 18 Jeff Immelt Chairman and CEO announced the appointment of Dan Heintzelman as Vice Chairman of GE to focus on services and operations Lorenzo Simonelli was appointed to succeed Mr Heintzelman as CEO of GE Oil amp Gas Russell Stokes was appointed to succeed Mr Simonelli as CEO of GE Transportation All three appointments were effective October 1 Read the press release
On September 18 Mark Little Senior Vice President and Chief Technology Officer presented at the Citi Industrials Conference Mr Little highlighted GErsquos deep commitment to technology and vision for the Industrial Internet shown on the slide to the left He discussed the global expansion of GErsquos research centers along with exciting new advances including additive manufacturing the LEAP engine and CMCs Access the presentation materials
Also on September 18 Bill Ruh Vice President Global Software Center presented at the Morgan Stanley Industrials Conference Mr Ruh discussed how GE is positioned to lead the push into the age of the Industrial Internet Access the presentation materials
Business HighlightsIndustrial Businesses page 3
GE Capital page 7
Other Company News page 8
Investor Events page 8
ContactTrevor A Schauenberg Vice President Corporate Investor Communications
3135 Easton Turnpike Fairfield CT 06828 USA
T 203 373 2424 F 203 373 2071 trevoraschauenberggecom
SeptemberOctober 2013 Investor Update
Investor Update continued
On October 9 Mr Immelt as well as industry leaders customers and partners presented at the second annual GE Minds + Machines Conference Mr Immelt provided a comprehensive update on the state of the Industrial Internet including recent technological developments and real-world customer productivity outcomes Access the presentation
On October 18 we announced GErsquos third quarter earnings Featured above are a few pages from the earnings presentation Here are the highlights (continuing operations attributable to GE)
bull OperatingEPSof$036$040excludingrestructuringandotherchargesbull USorders+18Europeorders+17growthmarketorders+22bull Industrialsegmentprofit+11withstronggrowthinsixofsevenIndustrialbusinessesbull Industrialsegmentmargins+120bpswithstrongvaluegapandcostproductivitynocontributingIndustrialgainsbull GECapitalearnings+13withENIat$385billionTier1commonratiounderBasel1at113+116bpsbull $139billionreturnedtoshareholdersYTDbull Overallframeworkfor2013remainsunchanged
As always for all presentations news and other helpful information please visit our investor website at httpwwwgecominvestor or follow us on twitter at GE_Reports
Please see ldquoGE Reportsrdquo to keep informed about the latest company developments We will update it daily to share information and our perspectives on GE activities around the world Please visit our website at httpwwwgereportscom
Regards
Results are preliminary and unaudited
Caution Concerning Forward-Looking Statements
This document contains ldquoforward-looking statementsrdquo ndash that is statements related to future not past events In this context forward-looking statements often address our expected future business and financial performance and financial condition and often contain words such as ldquoexpectrdquo ldquoanticipaterdquo ldquointendrdquo ldquoplanrdquo ldquobelieverdquo ldquoseekrdquo ldquoseerdquo or ldquowillrdquo Forward-looking statements by their nature address matters that are to different degrees uncertain For us particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include current economic and financialconditionsincludingvolatilityininterestandexchangeratescommodityandequitypricesandthevalueoffinancialassetspotentialmarketdisruptionsorotherimpactsarisingintheUnitedStatesorEuropefromdevelopmentsinsovereigndebtsituationstheimpactofconditionsinthefinancialandcreditmarketsontheavailabilityandcostofGeneralElectricCapitalCorporationrsquos(GECC)fundingandonourabilitytoreduceGECCrsquosassetlevelsasplannedtheimpactofconditionsinthehousingmarketandunemploymentratesonthelevelofcommercialandconsumercreditdefaultschangesinJapaneseconsumerbehaviorthatmayaffectourestimatesofliabilityforexcessinterestrefundclaims(GEMoneyJapan)pendingandfuturemortgagesecuritizationclaimsandlitigationinconnectionwithWMCwhichmayaffectourestimatesofliabilityincludingpossiblelossestimatesourabilitytomaintainourcurrentcreditratingandtheimpactonourfundingcostsandcompetitivepositionifwedonotdosotheadequacyofourcashflowsandearningsandotherconditionswhichmayaffectourabilitytopayourquarterlydividendattheplannedlevelortorepurchasesharesatplannedlevelsGECCrsquosabilitytopaydividendstoGEattheplannedlevelourabilitytoconvertpre-ordercommitmentsintoordersthelevelofdemandandfinancialperformanceofthemajorindustriesweserveincludingwithoutlimitationairandrailtransportationenergygenerationrealestateandhealthcaretheimpactofregulationandregulatoryinvestigativeandlegalproceedingsandlegalcompliancerisksincludingtheimpactoffinancialservicesregulationourcapitalallocationplansassuchplansmaychangeandaffectplannedsharerepurchasesandstrategicactionsincludingacquisitionsjointventuresanddispositionsoursuccessincompletingannouncedtransactionsandintegratingacquiredbusinessesourabilitytocompletethestagedexitfromourNorthAmericanRetailFinancebusinessasplannedtheimpactofpotentialinformationtechnologyordatasecuritybreachesand numerous other matters of national regional and global scale including those of a political economic business and competitive nature These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements We do not undertake to update our forward-looking statements
POWER amp WATERPower Gen ProductsDistributed Power
bull Marking one of its largest power agreements in company history GE announced three contracts totaling approximately $27 billion with SPE an affiliate of SonelgazmdashAlgeriarsquos national electricity and gas company GE is to supply proven and reliable heavy-duty gas turbine combined-cycle and aeroderivative gas turbine technology for nine power plants The addition of nearly 9 gigawatts (GW) of electricity will strengthen Algeriarsquos power sector to help meet the growing requirements of the country Read the press release
bull GE announced that EON Hanse Waumlrme GmbH is planning to build northern Germanyrsquos largest gas engine combined heat and power (CHP) plant which will use GErsquos most powerful Jenbacher gas engine the new 10-megawatt (MW) J920 FleXtra A wholly owned subsidiary of EON Hanse AG the energy company is one of the largest regional heating providers in northern Germany Read the press release
bull GE is supplying eight of its 14 megawatt (MW) ecomagination qualified Jenbacher J420 biogas engines for a new cogeneration plant that will generate 112 MW of renewable on-site power at the Dan Region (Shafdan) Wastewater Treatment Plant which is the biggest of its kind in Israel located south of Tel Aviv near the city of Rishon Lezion Read the press release
bull Helping to meet Turkmenistanrsquos growing power requirements GE will provide its aeroderivative gas turbine technology toCcedilalıkEnerjioneoftheleadingenergycompaniesestablishedinTurkeyThreepowerplantswillbebuiltattheAkhalMaryandLebapsitesaspartofa360-megawattfast-trackprojectwiththeAkhalandMarysitesexpectedtoentercommercial service by the end of 2013 and Lebap to follow in February 2014 Read the press release
Renewables
bull GE announced its 500th wind turbine installation in Brazil The 16-megawatt (MW) turbine was installed at DESAs 38-MW EurusprojectinJoatildeoCamarainthestateofRioGrandedoNorteRead the press release
bull GE announced that it will supply Toto Costruzioni SpA with eight GE 285-103 wind turbines for a wind farm in the Puglia regionofItalyTheprojectmarksthefirsttimeGE285-megawatt(MW)windturbineswillbeusedinItalyandwillbethesixth wind farm in Puglia to use GE machines Read the press release
bull Representatives from GE and Max Boumlgl Wiesner GmbH announced the official start of installation of the first GE 25-120 the worldrsquos most efficient high output wind turbine in Schnaittenbach a town in Bavaria Germany Read the press release
OIL amp GASbull GE has received a contract to provide close to $600 million in key turbomachinery
equipmentfortheYamalliquefiednaturalgas(LNG)ldquomegaprojectrdquothatisbeingdevelopedontheYamalPeninsulainRussiarsquosnorthernSiberiaregionTheLNGproducedatthesitewill be used to help meet the growing energy needs primarily of Asia and Pacific Region countries Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 3
OIL amp GAS contbull Norwegian-based subsea contractor Ocean Installer AS has awarded GE Oil amp Gas a contract to supply subsea tie-in
connection systems that will support the development of the Gina Krog and Eirin gas fields in the Norwegian North Sea Read the press release
bull GE Oil amp Gas announced it has completed the assembly of the final group of subsea production trees for the Chevron-operatedGorgonProjectoneoftheworldrsquoslargestnaturalgasprojectslocatedoffthecoastofWesternAustralia Read the press release
bull GE Oil amp Gas announced that EON Exploration amp Production is the first offshore company to deploy its next-generation VetcoGraySVXTtradeS-SeriesverticalproductionsubseatreeforuseinashallowwaterprojectintheNorthSeaThetreemanufactured in GErsquos Broadfold Road plant in Aberdeen Scotland further cements GErsquos place as a global leader in shallow water subsea tree innovation and technology Read the press release
bull GE has signed a 74000 square meter land lease agreement with the Saudi Industrial Property Authority (MODON) More than 50 percent of the land located in Dammam 2nd Industrial City is intended to be utilized initially by GErsquos Oil amp Gas business to build an advanced GE Oil amp Gas Manufacturing Facility The planned new facility will be part of the US$1 billion investment commitment to the Kingdom announced by GE last year Read the press release
bull In connection with its recent acquisition of substantially all the assets of the Salof Companies GE Oil amp Gas announced that it has completed its acquisition ofa50percentownershipinterestinBeijingenCryoEngineeringCoLtdaBeijing-basedjointventurewithBeijingMaisonEngineeringCoLtdthatspecializes in engineering for all aspects of the oil and gas chemical and petrochemical sectors Read the press release
ENERGY MANAGEMENTbull Induction-based electric propulsion motor technology from GErsquos Power Conversion business will be used to power four
new LNG carriers that Korean shipbuilder Hyundai Heavy Industries will build for Maran Gas Maritime the gas shipping unit of the Angelicoussis Shipping Group Contracts for the propulsion systems were signed in late May Hyundai Heavy Industries will deliver the vessels over a 15-month period beginning in July 2015 Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 4
AVIATIONbull GE Aviation is pleased with Lufthansarsquos decision to select GE9X-powered Boeing
777-9X aircraft The engines for the 34 aircraft announced by Lufthansa are valued at more than $25 billion list price This is the first selection for the new GE9X which is part of the highly successful GE90 engine family Read the press release
bull GE Marine has received an order to supply one LM2500+G4 aeroderivative marine gas turbine to Avio Aero of Turin Italy a GE Marine System Supplier The gas turbine will power the French Navyrsquos ninth FREMM frigate Read the press release
bull Nextant Aerospace has selected GErsquos improved H80 engine to power its first G90XT turboprop aircraft In addition to the G90XT Nextant and GE signed a collaborative agreement to work on future product studies in which GE will be the preferred engine supplier Read the press release
HEALTHCAREbull GE Healthcare Life Sciences a business unit of GE Healthcare and JHL Biotech a provider
of biopharmaceutical process development and manufacturing services announced that a KUBiotrade modular biopharmaceutical factory will be built in China for JHL Biotech The site for the new factory which will be fully operational beginning early 2015 is the Biolake Science Park in Wuhan China Read the press release
bull Radiology Associates of Albuquerque (RAA) recently became the first outpatient imaging center in the area to install GE Healthcarersquos Optima CT660 an advanced scalable Computed Tomography (CT) system offering lower radiation dose capabilities and enhanced ease-of-use in a range of cardiovascular oncology neurology angiography and other procedures This imaging system will enable physicians to acquire high-quality images to help better diagnose patients Read the press release
bull GE Healthcare reported that Silent Scan a revolutionary technology that dramatically quiets MRI exams is now commercially available and growing in clinical adoption around the world Silent Scan addresses one of the most significant impediments to patient comfortmdashexcessive acoustic noise generated during an MRI scan Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 5
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
Investor Update continued
On October 9 Mr Immelt as well as industry leaders customers and partners presented at the second annual GE Minds + Machines Conference Mr Immelt provided a comprehensive update on the state of the Industrial Internet including recent technological developments and real-world customer productivity outcomes Access the presentation
On October 18 we announced GErsquos third quarter earnings Featured above are a few pages from the earnings presentation Here are the highlights (continuing operations attributable to GE)
bull OperatingEPSof$036$040excludingrestructuringandotherchargesbull USorders+18Europeorders+17growthmarketorders+22bull Industrialsegmentprofit+11withstronggrowthinsixofsevenIndustrialbusinessesbull Industrialsegmentmargins+120bpswithstrongvaluegapandcostproductivitynocontributingIndustrialgainsbull GECapitalearnings+13withENIat$385billionTier1commonratiounderBasel1at113+116bpsbull $139billionreturnedtoshareholdersYTDbull Overallframeworkfor2013remainsunchanged
As always for all presentations news and other helpful information please visit our investor website at httpwwwgecominvestor or follow us on twitter at GE_Reports
Please see ldquoGE Reportsrdquo to keep informed about the latest company developments We will update it daily to share information and our perspectives on GE activities around the world Please visit our website at httpwwwgereportscom
Regards
Results are preliminary and unaudited
Caution Concerning Forward-Looking Statements
This document contains ldquoforward-looking statementsrdquo ndash that is statements related to future not past events In this context forward-looking statements often address our expected future business and financial performance and financial condition and often contain words such as ldquoexpectrdquo ldquoanticipaterdquo ldquointendrdquo ldquoplanrdquo ldquobelieverdquo ldquoseekrdquo ldquoseerdquo or ldquowillrdquo Forward-looking statements by their nature address matters that are to different degrees uncertain For us particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include current economic and financialconditionsincludingvolatilityininterestandexchangeratescommodityandequitypricesandthevalueoffinancialassetspotentialmarketdisruptionsorotherimpactsarisingintheUnitedStatesorEuropefromdevelopmentsinsovereigndebtsituationstheimpactofconditionsinthefinancialandcreditmarketsontheavailabilityandcostofGeneralElectricCapitalCorporationrsquos(GECC)fundingandonourabilitytoreduceGECCrsquosassetlevelsasplannedtheimpactofconditionsinthehousingmarketandunemploymentratesonthelevelofcommercialandconsumercreditdefaultschangesinJapaneseconsumerbehaviorthatmayaffectourestimatesofliabilityforexcessinterestrefundclaims(GEMoneyJapan)pendingandfuturemortgagesecuritizationclaimsandlitigationinconnectionwithWMCwhichmayaffectourestimatesofliabilityincludingpossiblelossestimatesourabilitytomaintainourcurrentcreditratingandtheimpactonourfundingcostsandcompetitivepositionifwedonotdosotheadequacyofourcashflowsandearningsandotherconditionswhichmayaffectourabilitytopayourquarterlydividendattheplannedlevelortorepurchasesharesatplannedlevelsGECCrsquosabilitytopaydividendstoGEattheplannedlevelourabilitytoconvertpre-ordercommitmentsintoordersthelevelofdemandandfinancialperformanceofthemajorindustriesweserveincludingwithoutlimitationairandrailtransportationenergygenerationrealestateandhealthcaretheimpactofregulationandregulatoryinvestigativeandlegalproceedingsandlegalcompliancerisksincludingtheimpactoffinancialservicesregulationourcapitalallocationplansassuchplansmaychangeandaffectplannedsharerepurchasesandstrategicactionsincludingacquisitionsjointventuresanddispositionsoursuccessincompletingannouncedtransactionsandintegratingacquiredbusinessesourabilitytocompletethestagedexitfromourNorthAmericanRetailFinancebusinessasplannedtheimpactofpotentialinformationtechnologyordatasecuritybreachesand numerous other matters of national regional and global scale including those of a political economic business and competitive nature These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements We do not undertake to update our forward-looking statements
POWER amp WATERPower Gen ProductsDistributed Power
bull Marking one of its largest power agreements in company history GE announced three contracts totaling approximately $27 billion with SPE an affiliate of SonelgazmdashAlgeriarsquos national electricity and gas company GE is to supply proven and reliable heavy-duty gas turbine combined-cycle and aeroderivative gas turbine technology for nine power plants The addition of nearly 9 gigawatts (GW) of electricity will strengthen Algeriarsquos power sector to help meet the growing requirements of the country Read the press release
bull GE announced that EON Hanse Waumlrme GmbH is planning to build northern Germanyrsquos largest gas engine combined heat and power (CHP) plant which will use GErsquos most powerful Jenbacher gas engine the new 10-megawatt (MW) J920 FleXtra A wholly owned subsidiary of EON Hanse AG the energy company is one of the largest regional heating providers in northern Germany Read the press release
bull GE is supplying eight of its 14 megawatt (MW) ecomagination qualified Jenbacher J420 biogas engines for a new cogeneration plant that will generate 112 MW of renewable on-site power at the Dan Region (Shafdan) Wastewater Treatment Plant which is the biggest of its kind in Israel located south of Tel Aviv near the city of Rishon Lezion Read the press release
bull Helping to meet Turkmenistanrsquos growing power requirements GE will provide its aeroderivative gas turbine technology toCcedilalıkEnerjioneoftheleadingenergycompaniesestablishedinTurkeyThreepowerplantswillbebuiltattheAkhalMaryandLebapsitesaspartofa360-megawattfast-trackprojectwiththeAkhalandMarysitesexpectedtoentercommercial service by the end of 2013 and Lebap to follow in February 2014 Read the press release
Renewables
bull GE announced its 500th wind turbine installation in Brazil The 16-megawatt (MW) turbine was installed at DESAs 38-MW EurusprojectinJoatildeoCamarainthestateofRioGrandedoNorteRead the press release
bull GE announced that it will supply Toto Costruzioni SpA with eight GE 285-103 wind turbines for a wind farm in the Puglia regionofItalyTheprojectmarksthefirsttimeGE285-megawatt(MW)windturbineswillbeusedinItalyandwillbethesixth wind farm in Puglia to use GE machines Read the press release
bull Representatives from GE and Max Boumlgl Wiesner GmbH announced the official start of installation of the first GE 25-120 the worldrsquos most efficient high output wind turbine in Schnaittenbach a town in Bavaria Germany Read the press release
OIL amp GASbull GE has received a contract to provide close to $600 million in key turbomachinery
equipmentfortheYamalliquefiednaturalgas(LNG)ldquomegaprojectrdquothatisbeingdevelopedontheYamalPeninsulainRussiarsquosnorthernSiberiaregionTheLNGproducedatthesitewill be used to help meet the growing energy needs primarily of Asia and Pacific Region countries Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 3
OIL amp GAS contbull Norwegian-based subsea contractor Ocean Installer AS has awarded GE Oil amp Gas a contract to supply subsea tie-in
connection systems that will support the development of the Gina Krog and Eirin gas fields in the Norwegian North Sea Read the press release
bull GE Oil amp Gas announced it has completed the assembly of the final group of subsea production trees for the Chevron-operatedGorgonProjectoneoftheworldrsquoslargestnaturalgasprojectslocatedoffthecoastofWesternAustralia Read the press release
bull GE Oil amp Gas announced that EON Exploration amp Production is the first offshore company to deploy its next-generation VetcoGraySVXTtradeS-SeriesverticalproductionsubseatreeforuseinashallowwaterprojectintheNorthSeaThetreemanufactured in GErsquos Broadfold Road plant in Aberdeen Scotland further cements GErsquos place as a global leader in shallow water subsea tree innovation and technology Read the press release
bull GE has signed a 74000 square meter land lease agreement with the Saudi Industrial Property Authority (MODON) More than 50 percent of the land located in Dammam 2nd Industrial City is intended to be utilized initially by GErsquos Oil amp Gas business to build an advanced GE Oil amp Gas Manufacturing Facility The planned new facility will be part of the US$1 billion investment commitment to the Kingdom announced by GE last year Read the press release
bull In connection with its recent acquisition of substantially all the assets of the Salof Companies GE Oil amp Gas announced that it has completed its acquisition ofa50percentownershipinterestinBeijingenCryoEngineeringCoLtdaBeijing-basedjointventurewithBeijingMaisonEngineeringCoLtdthatspecializes in engineering for all aspects of the oil and gas chemical and petrochemical sectors Read the press release
ENERGY MANAGEMENTbull Induction-based electric propulsion motor technology from GErsquos Power Conversion business will be used to power four
new LNG carriers that Korean shipbuilder Hyundai Heavy Industries will build for Maran Gas Maritime the gas shipping unit of the Angelicoussis Shipping Group Contracts for the propulsion systems were signed in late May Hyundai Heavy Industries will deliver the vessels over a 15-month period beginning in July 2015 Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 4
AVIATIONbull GE Aviation is pleased with Lufthansarsquos decision to select GE9X-powered Boeing
777-9X aircraft The engines for the 34 aircraft announced by Lufthansa are valued at more than $25 billion list price This is the first selection for the new GE9X which is part of the highly successful GE90 engine family Read the press release
bull GE Marine has received an order to supply one LM2500+G4 aeroderivative marine gas turbine to Avio Aero of Turin Italy a GE Marine System Supplier The gas turbine will power the French Navyrsquos ninth FREMM frigate Read the press release
bull Nextant Aerospace has selected GErsquos improved H80 engine to power its first G90XT turboprop aircraft In addition to the G90XT Nextant and GE signed a collaborative agreement to work on future product studies in which GE will be the preferred engine supplier Read the press release
HEALTHCAREbull GE Healthcare Life Sciences a business unit of GE Healthcare and JHL Biotech a provider
of biopharmaceutical process development and manufacturing services announced that a KUBiotrade modular biopharmaceutical factory will be built in China for JHL Biotech The site for the new factory which will be fully operational beginning early 2015 is the Biolake Science Park in Wuhan China Read the press release
bull Radiology Associates of Albuquerque (RAA) recently became the first outpatient imaging center in the area to install GE Healthcarersquos Optima CT660 an advanced scalable Computed Tomography (CT) system offering lower radiation dose capabilities and enhanced ease-of-use in a range of cardiovascular oncology neurology angiography and other procedures This imaging system will enable physicians to acquire high-quality images to help better diagnose patients Read the press release
bull GE Healthcare reported that Silent Scan a revolutionary technology that dramatically quiets MRI exams is now commercially available and growing in clinical adoption around the world Silent Scan addresses one of the most significant impediments to patient comfortmdashexcessive acoustic noise generated during an MRI scan Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 5
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
POWER amp WATERPower Gen ProductsDistributed Power
bull Marking one of its largest power agreements in company history GE announced three contracts totaling approximately $27 billion with SPE an affiliate of SonelgazmdashAlgeriarsquos national electricity and gas company GE is to supply proven and reliable heavy-duty gas turbine combined-cycle and aeroderivative gas turbine technology for nine power plants The addition of nearly 9 gigawatts (GW) of electricity will strengthen Algeriarsquos power sector to help meet the growing requirements of the country Read the press release
bull GE announced that EON Hanse Waumlrme GmbH is planning to build northern Germanyrsquos largest gas engine combined heat and power (CHP) plant which will use GErsquos most powerful Jenbacher gas engine the new 10-megawatt (MW) J920 FleXtra A wholly owned subsidiary of EON Hanse AG the energy company is one of the largest regional heating providers in northern Germany Read the press release
bull GE is supplying eight of its 14 megawatt (MW) ecomagination qualified Jenbacher J420 biogas engines for a new cogeneration plant that will generate 112 MW of renewable on-site power at the Dan Region (Shafdan) Wastewater Treatment Plant which is the biggest of its kind in Israel located south of Tel Aviv near the city of Rishon Lezion Read the press release
bull Helping to meet Turkmenistanrsquos growing power requirements GE will provide its aeroderivative gas turbine technology toCcedilalıkEnerjioneoftheleadingenergycompaniesestablishedinTurkeyThreepowerplantswillbebuiltattheAkhalMaryandLebapsitesaspartofa360-megawattfast-trackprojectwiththeAkhalandMarysitesexpectedtoentercommercial service by the end of 2013 and Lebap to follow in February 2014 Read the press release
Renewables
bull GE announced its 500th wind turbine installation in Brazil The 16-megawatt (MW) turbine was installed at DESAs 38-MW EurusprojectinJoatildeoCamarainthestateofRioGrandedoNorteRead the press release
bull GE announced that it will supply Toto Costruzioni SpA with eight GE 285-103 wind turbines for a wind farm in the Puglia regionofItalyTheprojectmarksthefirsttimeGE285-megawatt(MW)windturbineswillbeusedinItalyandwillbethesixth wind farm in Puglia to use GE machines Read the press release
bull Representatives from GE and Max Boumlgl Wiesner GmbH announced the official start of installation of the first GE 25-120 the worldrsquos most efficient high output wind turbine in Schnaittenbach a town in Bavaria Germany Read the press release
OIL amp GASbull GE has received a contract to provide close to $600 million in key turbomachinery
equipmentfortheYamalliquefiednaturalgas(LNG)ldquomegaprojectrdquothatisbeingdevelopedontheYamalPeninsulainRussiarsquosnorthernSiberiaregionTheLNGproducedatthesitewill be used to help meet the growing energy needs primarily of Asia and Pacific Region countries Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 3
OIL amp GAS contbull Norwegian-based subsea contractor Ocean Installer AS has awarded GE Oil amp Gas a contract to supply subsea tie-in
connection systems that will support the development of the Gina Krog and Eirin gas fields in the Norwegian North Sea Read the press release
bull GE Oil amp Gas announced it has completed the assembly of the final group of subsea production trees for the Chevron-operatedGorgonProjectoneoftheworldrsquoslargestnaturalgasprojectslocatedoffthecoastofWesternAustralia Read the press release
bull GE Oil amp Gas announced that EON Exploration amp Production is the first offshore company to deploy its next-generation VetcoGraySVXTtradeS-SeriesverticalproductionsubseatreeforuseinashallowwaterprojectintheNorthSeaThetreemanufactured in GErsquos Broadfold Road plant in Aberdeen Scotland further cements GErsquos place as a global leader in shallow water subsea tree innovation and technology Read the press release
bull GE has signed a 74000 square meter land lease agreement with the Saudi Industrial Property Authority (MODON) More than 50 percent of the land located in Dammam 2nd Industrial City is intended to be utilized initially by GErsquos Oil amp Gas business to build an advanced GE Oil amp Gas Manufacturing Facility The planned new facility will be part of the US$1 billion investment commitment to the Kingdom announced by GE last year Read the press release
bull In connection with its recent acquisition of substantially all the assets of the Salof Companies GE Oil amp Gas announced that it has completed its acquisition ofa50percentownershipinterestinBeijingenCryoEngineeringCoLtdaBeijing-basedjointventurewithBeijingMaisonEngineeringCoLtdthatspecializes in engineering for all aspects of the oil and gas chemical and petrochemical sectors Read the press release
ENERGY MANAGEMENTbull Induction-based electric propulsion motor technology from GErsquos Power Conversion business will be used to power four
new LNG carriers that Korean shipbuilder Hyundai Heavy Industries will build for Maran Gas Maritime the gas shipping unit of the Angelicoussis Shipping Group Contracts for the propulsion systems were signed in late May Hyundai Heavy Industries will deliver the vessels over a 15-month period beginning in July 2015 Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 4
AVIATIONbull GE Aviation is pleased with Lufthansarsquos decision to select GE9X-powered Boeing
777-9X aircraft The engines for the 34 aircraft announced by Lufthansa are valued at more than $25 billion list price This is the first selection for the new GE9X which is part of the highly successful GE90 engine family Read the press release
bull GE Marine has received an order to supply one LM2500+G4 aeroderivative marine gas turbine to Avio Aero of Turin Italy a GE Marine System Supplier The gas turbine will power the French Navyrsquos ninth FREMM frigate Read the press release
bull Nextant Aerospace has selected GErsquos improved H80 engine to power its first G90XT turboprop aircraft In addition to the G90XT Nextant and GE signed a collaborative agreement to work on future product studies in which GE will be the preferred engine supplier Read the press release
HEALTHCAREbull GE Healthcare Life Sciences a business unit of GE Healthcare and JHL Biotech a provider
of biopharmaceutical process development and manufacturing services announced that a KUBiotrade modular biopharmaceutical factory will be built in China for JHL Biotech The site for the new factory which will be fully operational beginning early 2015 is the Biolake Science Park in Wuhan China Read the press release
bull Radiology Associates of Albuquerque (RAA) recently became the first outpatient imaging center in the area to install GE Healthcarersquos Optima CT660 an advanced scalable Computed Tomography (CT) system offering lower radiation dose capabilities and enhanced ease-of-use in a range of cardiovascular oncology neurology angiography and other procedures This imaging system will enable physicians to acquire high-quality images to help better diagnose patients Read the press release
bull GE Healthcare reported that Silent Scan a revolutionary technology that dramatically quiets MRI exams is now commercially available and growing in clinical adoption around the world Silent Scan addresses one of the most significant impediments to patient comfortmdashexcessive acoustic noise generated during an MRI scan Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 5
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
OIL amp GAS contbull Norwegian-based subsea contractor Ocean Installer AS has awarded GE Oil amp Gas a contract to supply subsea tie-in
connection systems that will support the development of the Gina Krog and Eirin gas fields in the Norwegian North Sea Read the press release
bull GE Oil amp Gas announced it has completed the assembly of the final group of subsea production trees for the Chevron-operatedGorgonProjectoneoftheworldrsquoslargestnaturalgasprojectslocatedoffthecoastofWesternAustralia Read the press release
bull GE Oil amp Gas announced that EON Exploration amp Production is the first offshore company to deploy its next-generation VetcoGraySVXTtradeS-SeriesverticalproductionsubseatreeforuseinashallowwaterprojectintheNorthSeaThetreemanufactured in GErsquos Broadfold Road plant in Aberdeen Scotland further cements GErsquos place as a global leader in shallow water subsea tree innovation and technology Read the press release
bull GE has signed a 74000 square meter land lease agreement with the Saudi Industrial Property Authority (MODON) More than 50 percent of the land located in Dammam 2nd Industrial City is intended to be utilized initially by GErsquos Oil amp Gas business to build an advanced GE Oil amp Gas Manufacturing Facility The planned new facility will be part of the US$1 billion investment commitment to the Kingdom announced by GE last year Read the press release
bull In connection with its recent acquisition of substantially all the assets of the Salof Companies GE Oil amp Gas announced that it has completed its acquisition ofa50percentownershipinterestinBeijingenCryoEngineeringCoLtdaBeijing-basedjointventurewithBeijingMaisonEngineeringCoLtdthatspecializes in engineering for all aspects of the oil and gas chemical and petrochemical sectors Read the press release
ENERGY MANAGEMENTbull Induction-based electric propulsion motor technology from GErsquos Power Conversion business will be used to power four
new LNG carriers that Korean shipbuilder Hyundai Heavy Industries will build for Maran Gas Maritime the gas shipping unit of the Angelicoussis Shipping Group Contracts for the propulsion systems were signed in late May Hyundai Heavy Industries will deliver the vessels over a 15-month period beginning in July 2015 Read the press release
Industrial Businesses
SeptemberOctober 2013 Investor Update 4
AVIATIONbull GE Aviation is pleased with Lufthansarsquos decision to select GE9X-powered Boeing
777-9X aircraft The engines for the 34 aircraft announced by Lufthansa are valued at more than $25 billion list price This is the first selection for the new GE9X which is part of the highly successful GE90 engine family Read the press release
bull GE Marine has received an order to supply one LM2500+G4 aeroderivative marine gas turbine to Avio Aero of Turin Italy a GE Marine System Supplier The gas turbine will power the French Navyrsquos ninth FREMM frigate Read the press release
bull Nextant Aerospace has selected GErsquos improved H80 engine to power its first G90XT turboprop aircraft In addition to the G90XT Nextant and GE signed a collaborative agreement to work on future product studies in which GE will be the preferred engine supplier Read the press release
HEALTHCAREbull GE Healthcare Life Sciences a business unit of GE Healthcare and JHL Biotech a provider
of biopharmaceutical process development and manufacturing services announced that a KUBiotrade modular biopharmaceutical factory will be built in China for JHL Biotech The site for the new factory which will be fully operational beginning early 2015 is the Biolake Science Park in Wuhan China Read the press release
bull Radiology Associates of Albuquerque (RAA) recently became the first outpatient imaging center in the area to install GE Healthcarersquos Optima CT660 an advanced scalable Computed Tomography (CT) system offering lower radiation dose capabilities and enhanced ease-of-use in a range of cardiovascular oncology neurology angiography and other procedures This imaging system will enable physicians to acquire high-quality images to help better diagnose patients Read the press release
bull GE Healthcare reported that Silent Scan a revolutionary technology that dramatically quiets MRI exams is now commercially available and growing in clinical adoption around the world Silent Scan addresses one of the most significant impediments to patient comfortmdashexcessive acoustic noise generated during an MRI scan Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 5
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
AVIATIONbull GE Aviation is pleased with Lufthansarsquos decision to select GE9X-powered Boeing
777-9X aircraft The engines for the 34 aircraft announced by Lufthansa are valued at more than $25 billion list price This is the first selection for the new GE9X which is part of the highly successful GE90 engine family Read the press release
bull GE Marine has received an order to supply one LM2500+G4 aeroderivative marine gas turbine to Avio Aero of Turin Italy a GE Marine System Supplier The gas turbine will power the French Navyrsquos ninth FREMM frigate Read the press release
bull Nextant Aerospace has selected GErsquos improved H80 engine to power its first G90XT turboprop aircraft In addition to the G90XT Nextant and GE signed a collaborative agreement to work on future product studies in which GE will be the preferred engine supplier Read the press release
HEALTHCAREbull GE Healthcare Life Sciences a business unit of GE Healthcare and JHL Biotech a provider
of biopharmaceutical process development and manufacturing services announced that a KUBiotrade modular biopharmaceutical factory will be built in China for JHL Biotech The site for the new factory which will be fully operational beginning early 2015 is the Biolake Science Park in Wuhan China Read the press release
bull Radiology Associates of Albuquerque (RAA) recently became the first outpatient imaging center in the area to install GE Healthcarersquos Optima CT660 an advanced scalable Computed Tomography (CT) system offering lower radiation dose capabilities and enhanced ease-of-use in a range of cardiovascular oncology neurology angiography and other procedures This imaging system will enable physicians to acquire high-quality images to help better diagnose patients Read the press release
bull GE Healthcare reported that Silent Scan a revolutionary technology that dramatically quiets MRI exams is now commercially available and growing in clinical adoption around the world Silent Scan addresses one of the most significant impediments to patient comfortmdashexcessive acoustic noise generated during an MRI scan Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 5
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
TRANSPORTATIONbull GE Transportation announced that its Trip Optimizer Energy Management system has recently achieved 100000000 miles
in revenue service which has resulted in approximately 25 million gallons of diesel fuel saved Read the press release
bull At the Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan South Korea GE Marine announced the sale of three 16V250 marine diesel engines two engines to Dongwon Industries one of the worldrsquos largest tuna fishery companiesandoneenginetoHansungEnterprisesaleadingKoreanseafoodandfisherycompany Read the press release
HOME amp BUSINESS SOLUTIONSbull The revitalization of American manufacturing is on display at Appliance
Parkmdashheadquarters of GE Appliancesmdashas the business celebrates 60 years of operations in Louisville Kentucky Appliance Park opened its 900-acre campus to 10000 current employees retirees their families and friends at its 60th Anniversary Open House to showcase the results of the $1 billion of investment in the business and to celebrate GErsquos proud history in the Louisville community Read the press release
bull Earlier this year the glamorous Westin Lima Hotel in Peru decided to renew its lighting system by adopting new LED lighting from GE Lighting The upgrade to GErsquos energy smartreg LED GU10 Replacement Lamps generated an 88 percent savings in energy consumption compared to the former halogen lamps used at the Westin In its first phase of the projectWestinreplaced429050-watthalogenlampswiththenew6-wattGU10LEDlampswhichareidealforaccentdisplay and general lighting in a variety of commercial environments Read the press release
Industrial Businesses continued
SeptemberOctober 2013 Investor Update 6
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
SeptemberOctober 2013 Investor Update 7
GE Capital Aviation Services (GECAS)
bull GECAS and Boeing announced that they have completed an order for 10 787-10 Dreamliners The order completes the commitment originally announced during the 2013 Paris Air Show in June and builds momentum in the airplane leasing market for the 787-10 The GECAS deliveries begin in 2019 Read the press release
bull GECAS announced an agreement to lease four new Boeing 737-800 MAX aircraft to Travel Service Two of the new aircraft are scheduled for delivery in early 2018 and two in early 2019 The aircraft are the first leased from GECASrsquo order of 75 Boeing 737 MAX models already announced Read the press release
Energy Financial Services (EFS)
bull Competitive Power Ventures (CPV) GE Energy Financial Services and ArcLight Capital Partners announced that they have closed financing for the $842 million CPV Woodbridge Energy Center GE is providing financing advanced power generation technology and services for the electric generating facility under construction in Woodbridge New Jerseymdashsix miles from where Thomas Edison designed the worldrsquos first reliable electric light bulb 134 years ago Read the press release
Commercial Lending amp Leasing (CLL)
bull GE Capitalrsquos Transportation Finance business announced that it has increased its credit facility for Rush Enterprises Inc to $750 million from $600 million Rush which operates the largest network of commercial vehicle dealerships in North America will use the funds to purchase new and used truck inventory GE Capital Markets served as the arranger on the transaction Read the press release
bull As Wendyrsquosreg restaurants undergo a total brand transformationmdashldquore-imagingrdquo existing restaurants as well as developing a new marketing logo and packagingmdashGE Capitalrsquos Franchise Finance (GEFF) business has provided a $100 million credit facility to finance qualified franchisees that want to update their restaurants Read the press release
bull GE Capital Corporate Finance announced it is administrative agent and sole lender on a $110 million asset-based credit facility for Arthur Schuman Inc a leading cheese manufacturer and distributor The loan refinances existing debt and will be used to support growth GE Capital also provides the company with equipment lease financing Read the press release
bull GE Capital Healthcare Financial Services announced today that it is serving as administrative agent on a $115 million senior secured credit facility for Medical Depot Inc doing business as Drive Medical Proceeds were used to refinance existing debt and will support ongoing working capital and growth needs GE Capital Markets served as sole lead arranger and bookrunner on the facility Read the press release
GE Capital
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
CITIZENSHIP ECOMAGINATIONSM HEALTHYMAGINATION bull GE ranks among ldquoBest Global Brandsrdquo Interbrand gives GE the sixth spot on its annual ranking It reports that GErsquos brand
value has increased seven percent to $4695 billion Read the press release
bull More than 425 GE Lighting volunteers renovated Fairhill Partners campus a Cleveland-based nonprofit during the 15th annual GE Lighting Global Community Day Lighting teams in India cleaned up and painted childrenrsquos classrooms as well as planted saplings and provided lunch to children at an area orphanage Teams in Hendersonville North Carolina joinedforceswithHabitatforHumanityRead the press release
bull GErsquos John F Welch Technology Center in Bangalore India is the companyrsquos largest integrated multidisciplinary research and development site of its kind The site has 4500 full-time employees who help advance understanding on a wide range of materials technology and provide fresh analysis to support products The center is also the companyrsquos site of greatest concern according to Maplecroftrsquos Water Stress Index because of its location in a water scarce region within a developing country But through efforts that date back to construction of the campus in 2000 the Bangalore research center is a zero wastewater discharge facility that treats and utilizes all wastewater generated on-site Read the press release
bull Perkumpulan Obstetri dan Ginekologi Indonesia (POGI) in collaboration with GE Healthcare will initiate the first ultrasound-certifiedcompetencytrainingtoenhancemedicaleducationforOBGYNsacrossIndonesiaThetrainingbeginsjustintimeasnewstandardsacrosstheIndonesianhealthcareindustrynowrequireOBGYNstoobtainClinicalPrivilege a new certificate needed for public and private practice of ultrasound use in obstetrics and gynecology In support of the program GE Healthcare will provide its ultrasound technology including the Voluson E8 Voluson P8 and LOGIQ C5 Premium GE Healthcare will also provide an educational grant to cover textbooks for trainees and the use of computers during training Read the press release
SeptemberOctober 2013 Investor Update 8
Other Company News
RECENT INVESTOR EVENTSVisit the Events amp Presentations section of our investor website to view the presentationsJuly 19 2013 GE 2nd Quarter 2013 Earnings Webcast September 18 2013 Citi Industrials ConferenceSeptember 9 2013 Vertical Research Partners Industrial Conference October 9 2013 Minds + Machines 2013September 18 2013 Morgan Stanley Industrials Conference October 18 2013 GE 3rd Quarter 2013 Earnings Webcast
UPCOMING INVESTOR EVENTS (subject to change)November 7 2013 Morningstar Management Behind the Moat Conference
Thomas Gentile Senior Vice President President amp CEO Healtcare Systems will presentNovember 13 2013 Goldman Sachs Industrial ConferencemdashDavid Joyce President amp CEO GE Aviation will presentNovember 15 2013 GE Capital Investor Meeting
KeithSherinViceChairmanandGECapitalCEOandJeffBornsteinSeniorVicePresidentandCFOandmembersoftheGECapitalleadershipteam
December 18 2013 GE Annual Outlook Meeting Jeff Immelt Chairman and CEO will host our annual review of GErsquos performance and provide a business outlook
January172014 GE4thQuarterampTotalYear2013EarningsWebcast JeffImmeltChairmanandCEOJeffBornsteinSeniorVicePresidentandCFOandTrevorSchauenberg VP Investor Communications will host a webcast to discuss 4th quarter and total year 2013 results
Webcast replays are retained on our website for a limited period of time Meeting will be webcast
