GE Transportation Solving the world’s toughest transportation challenges September 2011

Preliminary 2009 first quarter results/ 2 Overview GE perspective Five keys to rail progress Discussion

Preliminary 2009 first quarter results/ 3 ~$150B Revenue (2010) $12.6B earnings $14.7B cash flow GE Energy $37.5BGE Capital $47.0B Home & Business $25.5B Solutions, Media Healthcare $16.9B Aviation $17.6B Transportation $3.4B Energy Services Oil & Gas Power & Water GE’s Portfolio

Preliminary 2009 first quarter results/ 4 GE Transportation Global HQ: Erie, Penn. Established more than 100 years ago Global workforce: ~11,000 Global supplier network: ~1,600 companies Industries: Rail, Signaling, Mining, Marine, Oil Drilling, Stationary Power, Wind, Energy Storage Revenue: $3.4 billion (2010)

Preliminary 2009 first quarter results/ 5 $400M investment 40% lower emissions 330,000 gallons of fuel savings (20 yrs) Moves one ton of freight ~480 miles on one gallon of fuel Core product … eco locomotive Enough power to haul 170 “747” Jumbo Jet airliners Introduced in 2005 … 4,100 locos in use worldwide

Preliminary 2009 first quarter results/ 6 Egypt Kazakhstan/CISUK PowerHaul Australia Brazil China United States Canada Mexico Modernization Indonesia Global means to be local everywhere ~17,000 locomotives in more than 50 countries ~4,500 Evolution Series locomotives sold since launch in 2005 S. Africa Turkey

Preliminary 2009 first quarter results/ 7 Much more than locomotives… Global transportation systems provider with applications for rail, mining, marine, offshore drilling, power generation, energy storage & wind industries Locomotive, Modernizations, Parts & Service Off-Highway Vehicles Mining Marine Propulsion Systems Drill Systems Oil & Gas Drivetrain Technologies Wind Energy Storage Intelligent Control Systems

Preliminary 2009 first quarter results/ 8 Dispatch Center Wayside Unit GPS Satellites Communication Network Wayside Communication Network Michigan ITCS

Preliminary 2009 first quarter results/ 9 Investing in our future Major investment in new technologies, products and services: $600MM ( ) Tier 3 and 4 emission standards (rail, marine) Higher speed rail in the U.S. Battery and energy storage … $160MM investment … hybrid applications Globalization & product diversification

Preliminary 2009 first quarter results/ 10 Keys to Rail Success 1.Freight Rail is the Core

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Preliminary 2009 first quarter results/ 12 Exports Critical for U.S. Rail Suppliers GE – South Africa launch 2/11 – 10 U.S. locos … 90 assembled in-country with PA high-value kits Passage of Pending Free Trade Agreements with Columbia, Panama and South Korea will further boost domestic supplier export opportunities

Preliminary 2009 first quarter results/ 13 GE to open locomotive plant in Texas Expansion of U.S. operational footprint to Fort Worth, TX … 900,000 sqft facility Up to $100 million investment … 500+ high-tech manufacturing jobs … production launch in 3Q 2012 Facility next to key customer BNSF

Preliminary 2009 first quarter results/ 14 Keys to Rail Success 1.Freight Rail is the Core 2.Push New Technology and Innovation

Preliminary 2009 first quarter results/ 15 Thomas Edison patent: “Locomotive for Electric Railways,” 1891 WattStation™ EV Charging Station: building on a century of innovation in designing and manufacturing electrical distribution systems

Preliminary 2009 first quarter results/ 16 GE Energy Storage $160MM investment in battery technology Collaboration: GE Global Research, GE Transportation Durathon battery benefits: High-energy density … fast discharge … small footprint Reliability … minimal maintenance … low life cycle cost Temperature resistant … -20  C to 70  C Applications: Telecommunications, Utilities, Uninterrupted Power Supply … foundation for electric vehicle apps in rail, marine and mining Advanced manufacturing facility in Schenectady, NY

Preliminary 2009 first quarter results/ 17 Keys to Rail Success 1.Freight Rail is the Core 2.Push New Technology and Innovation 3.Enhance Infrastructure Investment

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Preliminary 2009 first quarter results/ 20 Keys to Rail Success 1.Freight Rail is the Core 2.Push New Technology and Innovation 3.Enhance Infrastructure Investment 4.Balance Our Approach

Preliminary 2009 first quarter results/ 21 Investment Must Be Balanced

Preliminary 2009 first quarter results/ 22 Keys to Rail Success 1.Freight Rail is the Core 2.Push New Technology and Innovation 3.Enhance Infrastructure Investment 4.Balance Our Approach 5.Drive Common Goals

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Preliminary 2009 first quarter results/ 25 Thank You