GE Consumer Finance Enters Multi-Year Private Label Card Agreement With QVC, Inc.

"We're proud to be partnering with a retailer that is assuccessful as QVC," said Margaret Keane, president and chief executiveofficer of GE Consumer Finance's Retail Consumer Finance unit. "QVChas a strong brand and customer base. The QCard is a great financingoption for their customers."

QVC is a leading television and Internet retailer that markets awide variety of brand name products to approximately 87 millionAmerican homes.

"We are pleased to announce this agreement with GE ConsumerFinance," said Mark Tabak, vice president administration for QVC. "Ourstrategic alliance allows us to provide additional QCard features thatwill enhance our customers' shopping experience."

Customers interested in the QCard will be able to apply over thephone, by mail or at QVC.com. Card features include no annual fee,competitive rates, periodic credit promotions, low monthly payments,detailed statements that summarize all QVC purchases, and onlineaccount access and bill payment.

About QVC

QVC, Inc., a $6 billion company, is an e-commerce leader,marketing a wide variety of brand name products in such categories ashome furnishings, licensed products, fashion, beauty, electronics andfine jewelry. QVC reaches over 87 million homes in the United States.Other divisions/subsidiaries include QVC.com, Q Direct, Q Records andVideo, QVC @, QVC Local, QVC ProductWorks. The QVC Studio Tour islocated at the company's world headquarters in West Chester, PA. QVCis a subsidiary of Liberty Media Corporation.

About GE Consumer Finance

GE Consumer Finance, a unit of General Electric Company (NYSE: GE)with $150 billion in assets, is a leading provider of credit servicesto consumers, retailers and auto dealers in 47 countries around theworld. GE Consumer Finance, based in Stamford, Conn., offers a rangeof financial products, including private label credit cards, personalloans, bank cards, auto loans and leases, mortgages, corporate traveland purchasing cards, debt consolidation and home equity loans andcredit insurance. More information can be found online atwww.geconsumerfinance.com.

GE is Imagination at Work -- a diversified technology, media andfinancial services company focused on solving some of the world'stoughest problems. With products and services ranging from aircraftengines, power generation, water processing and security technology tomedical imaging, business and consumer financing, media content andadvanced materials, GE serves customers in more than 100 countries andemploys more than 300,000 people worldwide. For more information,visit the company's Web site at www.ge.com.