GE Energy Wins The New Economy Smart Grid Award 2010

CAMBRIDGE, England, February 3, 2011 - The New Economy has selected GE (NYSE: GE) as Monitoring and
Communications Company of the Year in the field of smart grid technology. The
Smart Grid Awards recognize the companies which are set to guide the new
energy future.

"Globally, we are facing unprecedented energy challenges," said Keith
Redfearn, general Manager-digital energy in Western Europe for GE Energy
Services. "Forty percent of our emissions are from the generation of
electricity[1], and global electricity demand is expected to grow 75 percent
by 2030[2]. Smart grid has the potential to transform our electrical
infrastructure to meet our 21st century needs. GE's Grid IQ(TM) solutions
allow utilities to monitor their networks and enable them to optimize
generation based upon real-time demand. Consumers also benefit as they are
empowered with information to better monitor energy usage. The majority of
U.K. energy distribution networks already use GE software to manage their
systems, and GE's smart meters have been involved in a number of successful
trial projects and deployments in Western Europe."

About GE

GE (NYSE: GE) is a diversified infrastructure, finance and media company
taking on the world's toughest challenges. From aircraft engines and power
generation to financial services, health care solutions and television
programming, GE operates in more than 100 countries and employs about 300,000
people worldwide. For more information, visit the company's website at
www.ge.com.

GE serves the energy sector by developing and deploying technology that
helps make efficient use of natural resources. With nearly 85,000 global
employees and 2010 revenues of $38 billion, GE Energy
www.ge.com/energy is one of the world's leading suppliers of power
generation and energy delivery technologies. The businesses that comprise GE
Energy-GE Power & Water, GE Energy Services and GE Oil & Gas-work together to
provide integrated product and service solutions in all areas of the energy
industry including coal, oil, natural gas and nuclear energy; renewable
resources such as water, wind, solar and biogas; and other alternative fuels.

[1] Source: International Energy Agency 2010

[2] Source: International Energy Agency

    For more information, please contact:

    Neil Gazeley
    GE Energy Services
    +44-1223-449395
    neil.gazeley@ge.com

For more information, please contact: Neil Gazeley, GE Energy Services, +44-1223-449395, neil.gazeley at ge.com