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GE Energy 2004 Olympic Games Power Update

ATHENS, GREECE (August 20, 2004) — Generating more than 140 megawatts of electricity in the first week of competition, GE is helping to energize the Athens 2004 Olympic Games.

GE Energy is supplying prime and backup power to 45 Olympic sites, enough to power 14,000 homes. This includes all competition venues, the International Broadcast Center, the Main Press Center, the Olympic Village - which is housing at least 10,000 athletes from more than 200 countries - and seven media villages.

Prime Power, Distribution and Lighting:
• NBC's broadcast operations for the Games
• Three Athens Olympic Broadcasting secondary compounds
• Two of the 37 sports venues and five preliminary venues
• 50% of the prime lighting power needs for 35 sports venues

Backup Power:
• 35 of the Games' 37 sports venues
• Athens Olympic Committee (ATHOC) technology centers to support phone, computer, security and medical operations
• Olympic Village, media centers and ATHOC Hospitality Area

"We are honored to be an official supporter to the Athens Olympic Games. Our world-class team of skilled engineers, technicians and support staff is playing a significant role in supporting these successful Games," said Luis Ramirez, president of GE Energy's rental business.

GE Energy's rental equipment deployment includes 375 diesel generators ranging in size from 25 to 1,850 kVA (kilowatts), 24 transformers ISO-rated at 300 kVA, 1,100 distribution panels, and more than 290 kilometers (180 miles) of electrical cables and associated distribution and protection systems. The International Broadcast Center (IBC) will run on a 100% Uninterrupted Power System (UPS).

More than 150 GE Energy and locally-contracted technicians from Athens-based Metal Constructions of Greece (METKA) are on hand for the Games, as well as more than 50 business management and project support staff.

In addition to supporting the Games, GE Energy is providing five TM 2500 (trailer-mounted) mobile power plants, which are on "stand-by" to supply a total of more than 110 megawatts in additional power to the national grid until September. GE Energy's backup-power contract is with TERNA S.A., an Athens-based engineering contractor for state-run utility Public Power Corporation S.A. (PPC).

The 2004 Olympic Games joins a growing roster of large-power, special events customers for GE Energy's rentals business. Major sporting venues include the NFL Super Bowl, the World Cup soccer tournament, Formula One and NASCAR auto races, and various NBC Sports broadcasted events. GE has also provided power and lighting equipment to rock concerts by U2, Madonna, the Rolling Stones, Bon Jovi, Britney Spears and various MTV music network performances.

For more information, contact:

Alicia Willey
GE Energy (Athens)
404-421-4074
alicia.willey@ge.com

Dennis Murphy
GE Energy (U.S.)
(678) 844 6948
dennis.murphy@ge.com

Howard Masto / Ken Darling
Masto Public Relations
(518) 786 6488
howard.masto@ps.ge.com
kenneth.darling@ps.ge.com

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