Credit Suisse and GE Partner to Meet Demand for Global Infrastructure Investments.

NEW YORK & STAMFORD, Conn. -- Credit Suisse and GE (NYSE: GE) announced today that they intend to form a US$1 billion joint venture to invest in global infrastructure assets. The joint venture, which Credit Suisse plans to form with GE Infrastructure, intends to invest in energy and transportation infrastructure assets worldwide. Each party plans to commit US$500 million to the joint venture. E[acute accent]Targets will include power generation and transmission, gas storage and pipelines, water assets, airports, air traffic control, ports, railroads and toll roads. The infrastructure joint venture estimates the market opportunity at US$500 billion in developed markets and US$1 trillion in emerging markets over the next five years. E[acute accent]Credit Suisse and GE plan to name a team of senior executives to manage the joint venture in due course. E[acute accent]"This joint venture will help propel our international growth in serving the global need for trillions of dollars of investments to improve energy and transportation infrastructure," said Dave Calhoun, GE Vice Chairman for GE Infrastructure. "Combining GE's and Credit Suisse's expertise, global footprint and financial strength is a compelling way to satisfy the thirst for infrastructure investment." E[acute accent]Brian Finn, Head of Alternative Investments at Credit Suisse, said: "We are delighted to partner with GE and believe there is a real untapped opportunity for investment in this attractive asset class. As a leading global financial institution, the breadth of our expertise in developed and emerging markets, alternative investments, investment banking, project finance and capital markets, when combined with GE's longstanding industry expertise and leadership, makes for a dynamic partnership." E[acute accent]GE Infrastructure's participants in the joint venture are its GE Energy Financial Services and GE Commercial Aviation Services (GECAS) units, including the Transportation Finance team.

E[acute accent]About GE

E[acute accent]GE Energy Financial Services, based in Stamford, Connecticut USA, with European operations based in London, invested $3 billion during 2005 in the world's most capital-intensive industry, energy. With more than $11 billion in assets, Energy Financial Services offers structured equity, leveraged leasing, partnerships, project finance and broad-based commercial finance to the global energy industry from wellhead to wall socket. Energy Financial Services has developed a strong record investing in solar, biomass, hydro, wind and geothermal power, and is growing its portfolio of nearly $1 billion in renewable energy assets. For more information, visit www.geenergyfinancialservices.com. E[acute accent]GE Commercial Aviation Services (GECAS) is the commercial aircraft financing and leasing business of General Electric. GECAS has a fleet of 1,400 owned aircraft it leases to more than 225 airlines in some 60 countries. It also offers financing to expand and modernize airport infrastructure and equipment, and its Transportation Finance unit offers financing solutions for port terminals and other customers in the marine, rail and intermodal industries. GECAS has offices in 21 cities around the world. For more information, visit www.gecas.com. E[acute accent]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. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.

E[acute accent]About Credit Suisse

E[acute accent]As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com E[acute accent]In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income, and multiple asset-class products to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse's Alternative Investments business, part of its asset management business, is one of the largest alternative asset managers in the world with more than US$100 billion of assets under management. Credit Suisse's asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions, and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse's asset management business is operated as a globally integrated network to deliver the Bank's best investment ideas and capabilities to clients around the world.

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