Global Infrastructure Partners Announces Appointment of William Woodburn to Management Team.

NEW YORK -- Global Infrastructure Partners, the joint venture between Credit Suisse and GE Infrastructure, today announced the appointment of William Woodburn as a Partner. Mr. Woodburn joins Global Infrastructure's senior management team, which includes Adebayo "Bayo" Ogunlesi, Chairman and Managing Partner, as well as Partners Jonathan Bram, Matthew Harris and Michael McGhee.

Mr. Ogunlesi said, "We are delighted to have someone with Bill's expertise join our team. His significant knowledge and experience in infrastructure investments, combined with his strong management skills, will be an enormous asset to our venture."

Mr. Woodburn spent 22 years at General Electric as an executive, including membership of the Board of GE Capital. Most recently, he led a strategic assessment of GE's industrial portfolio. Prior to that, he was President and CEO of GE Infrastructure, increasing revenues by 40% from 2003 to 2005. As executive vice president of Equipment Management at GE Capital, he ran a USD 8 billion portfolio of leasing businesses.

Credit Suisse and GE Infrastructure each will contribute $500 million toward the formation of Global Infrastructure Partners. The joint venture will invest globally in infrastructure assets, including energy, transportation and water. Targets include power generation and transmission, gas storage and pipelines, water assets, airports, air traffic control, ports, railroads and toll roads. 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.

Mr. Ogunlesi, Chairman and Managing Partner, has had a 23-year career at Credit Suisse, most recently serving as Executive Vice Chairman, Chief Client Officer, and a member of the Management Committee of the Investment Bank. He has also headed the Bank's Chairman's Board, and from 2002 to 2004 served as Global Head of the Investment Banking Department of the former CSFB.

Mr. Bram has served as Co-Head of the General Industrial and Services Group at Credit Suisse and before that, as COO of the Investment Banking Department globally. As a senior member of the Global Energy and Project Finance Groups, he has had extensive experience in leading financings for power and other infrastructure assets and advising clients on significant M&A transactions in the energy sector.

Mr. Harris has served in a variety of senior roles within Credit Suisse's Investment Banking Department, most recently as Head of the IBD EMEA Emerging Markets Group, Co-Head of the Global Energy Group and as a member of the IBD Operating Committee in Europe. Prior to this, he served in numerous roles as a senior member of the Mergers and Acquisitions Group, including head of the Americas M&A Group. He has worked on significant transactions in the U.S., Europe, the former Soviet Union, Turkey and the Middle East.

Mr. McGhee has served as Head of Credit Suisse's Global Transportation and Logistics Group since 1990, and has worked on several groundbreaking airline and logistics transactions. In transportation infrastructure, he has led over 30 government airport privatizations and advised the UK Government on the world's first air traffic control public private partnership.

About GE

GE Energy Financial Services' 300 experts invest globally with a long-term view, across the capital spectrum and the energy and water industries, to help their customers and GE grow. With $13 billion in assets, GE Energy Financial Services, based in Stamford, Connecticut, invests more than $3 billion annually in two of the world's most capital-intensive industries, energy and water. More information: www.geenergyfinancialservices.com.

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.

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.

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