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Smith & Hawken

GE Money and Smith & Hawken Cultivate New Consumer Finance Program

KETTERING, Ohio — May 14, 2008 — GE Money and Smith & Hawken®, a leading authority in outdoor living, today announced a new multi-year relationship to provide a consumer credit program. Customers can use the Smith & Hawken Card at any of the retailer’s 60 stores to purchase outdoor furniture, garden structure, lighting, outdoor entertaining and décor, plants and containers.

The private label credit card, managed through GE Money’s Sales Finance unit, offers special financing options on everyday purchases, including no payment and deferred interest promotions. Longer term promotions are available seasonally. Additionally, cardholders can view their accounts and pay bills online via www.geonlineservice.com.

“With spring and summer on its way, now is a great time to update and renew our outdoor living spaces,” said Felix Carbullido, general manager for Smith & Hawken. “The Smith & Hawken financing program helps make beautifying ones home and outdoor areas with plants, flowers, décor and furniture simple and easy.”

In addition to the current trend of creating outdoor living spaces, many homeowners look to bring the outdoors in with conservatories, or indoor gardening in general. The trend continues for three main reasons:

1. All-season gardening: Indoor gardening can be done year round, regardless of regional seasonal temperatures
2. Maximizing Space: It takes very little room, so urban gardeners can enjoy the benefits as easily as suburban gardeners
3. Renewable Beauty: Plants are living décor that add color, texture and shape as well as oxygenate a room and recycle toxins in the air

“GE Money has a long history of helping homeowners improve their homes and living spaces with the financial solutions that meet their needs, and we’re excited to partner with Smith & Hawken on this new program for consumers,” said Sharon Burkitt, vice president, specialty industry, GE Money – Sales Finance.

About Smith & Hawken
Smith & Hawken® is the premier authority in outdoor garden living, dedicated to providing products distinguished by authenticity, style and above all, fine craftsmanship. Smith & Hawken's products are sold across the country through 60 Smith & Hawken retail stores, its catalog, Internet site and select high-end independent garden centers. An exclusive line of branded products is also sold at all 1400 Target stores nationwide. Based in Novato, California, Smith & Hawken is a division of Scotts Miracle-Gro Company. For further information, visit www.SmithandHawken.com.

About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money’s Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in more than 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.

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 www.ge.com.

©2008 General Electric Company, All rights reserved.