GE Auto Warranty Services Signs on Record Number of Dealers; Increase Attributed to State-of-the-Art Agent Training and Support

LAKEWOOD, Colo.--May 1, 20050, 2005--Driven by a state-of-the-art agent-training program, GE Auto Warranty Services continued to increase its number of active auto dealerships by 36 percent during a 12-month period.

The GE Auto Warranty Services agent certification course is an in-depth product, service and technology training program that is positively impacting agent productivity. More than 200 agents completed the program, increasing sales effectiveness, support and customer retention for dealers.

"This program is a perfect illustration of the GE commitment to integrity, quality, and customer service," says Jim Slavik, president of GE Auto Warranty Services. "We have established a basis of trust customers can rely on and that is driving exceptional growth."

Slavik believes the growing number of dealer affiliations also can be attributed to an integrated structure.

"All product development, underwriting, and servicing are managed and owned by GE Auto Warranty Services," says Slavik. "I think customers are naturally drawn to convenience and simplicity."

About GE Auto Warranty Services:

GE Auto Warranty Services, a part of GE Consumer Finance, is a leading provider of vehicle service contracts and related products. For more information, visit www.geaws.com. To contact GE Auto Warranty Services, call 1-800-828-1392 or e-mail awssales@ge.com

About GE Consumer Finance

With more than $151 billion in assets, GE Consumer Finance, a unit of General Electric Company, is a leading provider of credit services to consumers, retailers and auto dealers in 41 countries around the world.

GE Consumer Finance, based in Stamford, Conn. (USA), offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans and credit insurance. More information can be found online at http://www.geconsumerfinance.com/.

GE is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.