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Renewal By Andersen

GE Money and Renewal by Andersen Install New Consumer Finance Program

KETTERING, OHIO – March 25, 2008 – GE Money and Renewal by Andersen, a division of Andersen Corporation specializing in window and door replacement, today announced a multi-year agreement to provide consumer financing through select dealers nationwide. GE Money’s Sales Finance unit manages the Renewal by Andersen financing program.

“Our windows and doors bring light, beauty, easy maintenance, energy efficiency and value to a home,” said Jim Conway, marketing director for Renewal by Andersen. “The Renewal by Andersen financing program provides our customers with convenient solutions for financing windows and doors that enhance a home’s beauty and improve its energy efficiency.”

As energy costs rise, many homeowners choose to replace their existing windows and doors to boost their home’s energy efficiency. According to the U.S. Department of Energy, replacing inefficient single pane windows with ENERGY STAR® qualified windows could save up to 15 percent on energy bills.

The Renewal by Andersen credit program provides a range of financing options with competitive terms and low monthly payments, with participating dealers receiving comprehensive training, and marketing materials and support.

“Now more than ever, consumers are looking for convenient, easy solutions to finance home improvements,” said Bruce Christensen, vice president and general manager, Home Improvement, GE Money – Sales Finance.
“GE Money has over 20 years of experience in home improvement financing and provides credit programs that meet the needs of both businesses and consumers.”

About Renewal by Andersen
Renewal by Andersen Corporation is the start-to-finish replacement window division of Andersen Corporation. The company offers homeowners a variety of window and patio door design options through company-owned stores and one of the largest nationwide networks of independent window replacement specialists. For more information, visit www.renewalbyandersen.com.

About GE Money
With more than $190 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of credit services to consumers, retailers and auto dealers in more than 55 countries around the world. GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, 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, marketing, installment lending and financial services for national and regional retailers, dealers, manufacturers and service providers in more than 20 industries including: home improvement, outdoor power equipment, sporting goods, powersports, automotive, recreational vehicles, consumer electronics and appliances, furniture, floor covering, marine, music, jewelry, and health care.

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.
 

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GE Money is a trademark of General Electric Company. Copyright © 2008 General Electric Company.