GE Capital Renews MTN Program and Issues Notes

GE Capital Canada Funding Company renewed its Canadian medium term note program on March 20, 2007 by filing a prospectus contemplating the issuance of up to $5 billion of notes over the next two years. All notes will be guaranteed by General Electric Capital Corporation. The program dealers are RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia Capital Inc.

In connection with the renewal of its Canadian medium term note program, GE Capital Canada Funding Company issued $1.05 billion of medium term notes in three tranches. The first tranche, which closed on March 28, 2007, of $500 million of 4.375 per cent notes due September 28, 2012 was co-led by BMO Nesbitt Burns Inc., Scotia Capital Inc. and TD Securities Inc. and included CIBC World Markets Inc. RBC Dominion Securities Inc. in the syndicate. The second tranche, which closed on March 30, 2007, of $200 million of floating rate notes due June 25, 2010 was led by Merrill Lynch Canada Inc. The third tranche, which closed on April 2, 2007, of $350 million of floating rate notes due April 2, 2009 was led by RBC Dominion Securities Inc.

GE Capital's David Russell was assisted by McCarthy T├ętrault LLP's Shea Small, David Randell, Barry Ryan and David Woollcombe (securities) and Gabrielle Richards (tax). The dealers were represented by James Davis and Maurice Swan from Stikeman Elliott LLP.