GE Capital Fleet Services Names Chief Strategy and Product Development Leader

Eden Prairie, Minn.- March 24, 2010 - GE Capital today announced the appointment of Deb Frodl as Chief Strategy and Product Development Leader of GE Capital’s Fleet Services business. Frodl will be responsible for driving strategy, product development, marketing and strategic alliances.

“We are committed to being at the forefront of innovation within the fleet industry,” said Clarence Nunn, president and CEO of GE Capital Fleet Services. “The creation of this new role allows us to continue delivering comprehensive financing and fleet management solutions while accelerating near-term innovation opportunities to benefit our customers. We plan on leveraging the entirety of GE to solve our customers’ toughest fleet management challenges in key areas such as operations, data management and environmental sustainability. One example is making available to customers a direct link to GE’s latest technologies and expertise on batteries, motors, and systems development for electric vehicles.”

Most recently, Frodl served as chief commercial officer for GE Capital Fleet Services. Since joining GE in 1989, she has held progressive leadership roles in sales, marketing and general management within GE at its Fleet Services, Public Finance and Commercial Equipment Finance businesses. Frodl holds a bachelor’s degree in Business from Minnesota State University and received her Master of Business Administration from the University of St. Thomas.

About GE Capital Fleet Services
GE Capital Fleet Services based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit gefleet.com.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. Visit ge.com