GE Statement on Discussions Regarding Pearson and Dow Jones.

FAIRFIELD, Conn. -- GE today issued the following statement regarding its recent discussions with Pearson regarding Dow Jones:

         GE and NBC Universal are always evaluating opportunities to
         enhance our businesses and shareowner value, particularly
         when they involve superior global brands such as CNBC, the
         Financial Times Group and Dow Jones. GE and CNBC recently
         held exploratory discussions with Pearson regarding a
         possible combination of these properties. Following these
         discussions, GE and Pearson have decided not to pursue this
         combination. Pearson and NBC Universal continue to discuss
         cooperative agreements between CNBC and the Financial Times
         Group.

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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 http://www.ge.com.