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GE Energy receives World's Best Company Award

ATLANTA, GA. (November 19, 2004) — Tom Saddlemire, VP Finance, GE Energy, recently attended the seventh annual Global Finance "World's Best Companies" Award Ceremony. The event took place in New York City on Thursday, November 16. On behalf of GE Energy, Tom accepted the award for "World's Best Company" in the Energy Services/Equipment sector as reported in the November 2004 issue of Global Finance.

Winners were chosen in 29 categories by Global Finance using a mix of criteria including revenue and profit growth, market cap and share price growth, corporate responsibility, product innovation, global expansion and corporate accountability.

For a "Best Global Companies 2004" list, please visit http://globalf.vwh.net/.

About GE Energy
GE Energy (www.gepower.com) is one of the world's leading suppliers of power generation and energy delivery technology, with 2003 revenues of nearly $18.5 billion. Based in Atlanta, Georgia, GE Energy provides equipment, service and management solutions across the power generation, oil and gas, transmission and distribution, distributed power and energy rental industries.

For more information, contact:

GE Energy:
Dennis Murphy
GE Energy
+1 678 844 6948
dennis.murphy@ps.ge.com

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