Global Growth & Emerging Markets

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1 Global Growth & Emerging Markets John Rice Vice Chairman President & CEO, GE Infrastructure 1 / Calhoun GE strategy Safe + reliable growth company GE advantage scale + breadth + depth 10%+ 20% Leadership business with unique technical + market positions 2-3 x GDP Revenue Earnings ROTC + CFOA + Margins Aggressive financial discipline driving high margins + returns Innovative corporate initiatives driving organic growth Vibrant talent + strong team This is the way we win

2 Focused on faster growth and higher return Faster growth Industrial 5% 8% X GDP Organic Growth rate Higher return Financial 21% 15% ROE '90-'03 '04-06 '00 '06E Strategic actions Launch growth platforms $12B+ Invest in healthcare, services, energy, infrastructure Grow with technology IGCC, NDT Focus long-term growth rate Exit slow growth businesses Strategic actions Global Consumer Finance Financial verticals Higher returning businesses Focus ROE enhancement Exit Insurance with a simplified structure ( 05 Revenue - $B) Infrastructure $42B Industrial $33B Healthcare $15B NBCU $15B Commercial Finance $21B Consumer Finance $19B Market leadership Domain knowledge Technology advantage Financial strength AAA

3 Clear process for growth Technology/ Services Growth Leaders Customers Innovation Execute for Growth Commercial Excellence Globalization Clear goal: organic growth of 2-3X GDP Globalization enablers GE competitive strengths Technology leadership product & service Domain expertise market perspective Fulfillment capability Lean & Six sigma Localized Partnerships customer, supplier & government Resources & decision making with accountability GE uniquely positioned to serve the global markets

4 Business model to deliver Differentiate with technology Win lifecycle service System optimization Everywhere in the world Installed base CSA / upgrades / inspections & repairs New growth platforms, customer productivity Global footprint for our customers and shareholders Clear results GE ($ in billions) International ~41% $107 Developing Revenue ~$163 International ~45% Developing Domestic Developed Domestic Developed Developing countries doubled in 5 years

5 Why we feel good Strong environment Positioned to win Huge growth potential Already having success Environment Aviation Energy Rail Oil & Gas Environment Production limited +150 GW per year EVO demand strong CapEx up 30%+ Position GE Advantage Leading technology Lifetime service Water Emerging markets #2 Global footprint Healthcare 10%+ growth Strength across the board

6 Developing markets huge potential Investment ~$3T ~$900B Needs Energy Transportation Clean Water Medical GE solutions Energy... Oil & Gas Aviation... Rail Water Healthcare Population growth and increased living standards fuels growth China Middle East India Russia Eastern Europe Latin America A priority everywhere Transformation Global trends Population growth GE Aviation China backlog at ~2.7B Resource scarcity & security Global trade flow Standard of living Energy 06 turbine shipments 85%+ int l Oil & Gas Downstream 41% of business Water developing markets ~35% Healthcare emerging markets 15% + Infrastructure needs Rail 44% of 06 equip orders are int l Long term infrastructure development cycle

7 Rail China 300 Mainline deal $454MM Distributed power $44MM 80 OHV AC drive systems $62MM Europe Signaling Phoenix deal in Italy $40M New energy BioFuel engine LOI $25M CIS Kazakhstan/Russia 150 Mods $113MM 310 EVO s $654MM New OHV OEM for 150T AC truck India Signaling & train control Pipeline $100M 10 Marine engines for ABG $10M Latin America 1st EVO s in Mexico + Svc $474M 30 M&S engines $12M 07 Loco s Colombia & MRS $50MM Africa / Mid East Shipping Sheltam Loco s (S. Africa) 10 Units 30 engines for Power Gen (Sakr) $12M Winning in global markets GE Hitachi Nuclear Dynamics Strategy Formalize partnership with longterm BWR strategic ally Hitachi Focus on BWR technology & services; selective PWR activities Political environment still uncertain Working with several pot l US partners Improve global position Japan Interest high India China E. Europe Evolving consolidation MHI & Areva Toshiba + Westinghouse Capitalize on favorable economics Strong participation & partnership approach JRI BOD /2

8 Summary Tremendous Infrastructure needs created by changing global trends do not see a slowdown Capital there to fund growth $$ being spent GE possesses the enablers to global growth GE is winning in the global market will continue to GE uniquely suited to deliver in the global market Agenda Welcome & overview John Rice International landscape Nani Beccalli GE in China Andy Solem GE in India TP Chopra Energy Jim Suciu Oil & Gas Claudi Santiago Water Jeff Garwood Healthcare Reinaldo Garcia GE Money Dmitri Stockton Wrap-up/Q&A Oil & Gas Plant Tour Lunch Depart for Airport - Qatar Flight