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General Elec. (IRS) (GEC)

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Friday 22 June, 2001

General Elec. (IRS)

GE Authorizes Regular Div.

General Electric Company (IRS)
22 June 2001


GE BOARD AUTHORIZES REGULAR DIVIDEND

FAIRFIELD, CT. - June 22, 2001 - The GE Board of Directors today authorized a
regular quarterly dividend of $0.16 per share on outstanding shares of common
stock.  The dividend is payable July 25, 2001, to shareowners of record on
July 9, 2001.  The ex-dividend date is July 5, 2001.

GE, with 2000 revenues of $130 billion, is a diversified technology, services
and manufacturing company with a commitment to achieving customer success. GE
operates in more than 100 countries and employs 313,000 people worldwide. For
more information, visit the company's Web site at http://www.ge.com

Contact:  Gary Sheffer, (203) 373-3476