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GE ANNOUNCES REDEMPTION OF CERTAIN DEBENTURES

 FAIRFIELD, Conn., April 29 /PRNewswire/ -- General Electric Company (NYSE: GE) announced today that it had called for redemption on June 3, 1993 of all of its outstanding 8-5/8 percent sinking fund debentures, due 2016. The redemption is being funded with a portion of the proceeds received in the recently completed transfer of GE's Aerospace Business to a company controlled by the stockholders of Martin Marietta Corporation.
 The debentures are being called at 105.606 percent of the principal amount thereof, plus interest accrued thereon to the date of redemption. On and after June 3, 1993, no further interest will accrue on the debentures.
 Payment of the redemption price will become due and payable on and after June 3, 1993 and will be made upon presentation and surrender of the debentures:
 By hand to: By mail (registered insured mail
 The Bank of New York is recommended) to:
 (as Paying Agent) The Bank of New York
 101 Barclay Street (as Paying Agent)
 Bond Redemption Unit P. O. Box 11249
 Ground Floor Church Street Station
 New York, N. Y. 10286 Bond Redemption Unit
 New York, N. Y. 10286
 -0- 4/29/93
 /CONTACT: Bruce Bunch of General Electric Company, 203-373-2039, or at home, 203-263-5595/
 (GE)


CO: General Electric Company ST: Connecticut IN: SU:

TS -- NY050 -- 2592 04/29/93 11:05 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:220
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