Scheme of Arrangement

General Electric Company
25 November 1999

SCHEME OF ARRANGEMENT
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *GEC
SEDOL CODE              *365-334
TERMS                   *For each existing Ord Share in GEC - 1 New Ord Share   
                        in Marconi and approximately 0.424 New Ord Shares in    
                       British Aerospace and approximately 13.4p nominal of     
                      7.45% Unsecured Capital Amortising Loan Stock             
                     2000/2003 of British Aerospace
PROVISIONAL EX DATE     *30-11-99
RECORD DATE             *26-11-99
NOTES *