Dealers Increase Revenue with Earnings Plus Elite; GE Auto Warranty Services Enhances Industry Leading Retro Program

LAKEWOOD, Colo.--June 14, 2005--A dealer participation program developed by GE Auto Warranty Services offers substantial profit sharing advantages, giving dealers an opportunity to increase revenues on the sale of vehicle service contracts.

"With our 2005 program, we have increased our production bonuses, and lowered our qualification levels, making it even easier for dealers to generate increased profits from the sale of our vehicle service contracts," says George Godfrey, vice president of sales for GE Auto Warranty Services.

Features of the retro program include a production bonus on every contract sold, a deferral option of up to five years to collect additional interest, and interest income earned on the dealer's account balance, with up to 99 percent of insurance premium allocated into the dealer's account (features subject to program qualification). There is no cost to get started in the program, and the set up is quick and easy.

Dealers participating in Earnings Plus Elite also benefit from the quick payout feature, receiving their first production bonus checks just 45 days after their first qualifying month.

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 $150 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 47 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 www.ge.com.