NORWALK, CT — February 7, 2008 - GE Commercial Finance Corporate Lending today announced it led a $265 million cash flow credit facility for EaglePicher Corporation, a manufacturer of advanced technologies and industrial products. The financing will be used for recapitalization purposes. GE Capital Markets arranged the transaction.

GE also provides the company with interest rate risk management and fleet leasing services.

Founded in 1843 in Detroit, Michigan, EaglePicher Corporation manages a portfolio of companies bringing advanced technologies to a diverse range of industries including automotive, aerospace, defense, plastics, paint and food processing.

"GE really understood our liquidity needs and helped us recapitalize to meet our business objectives," said Patrick Aubry, CFO of EaglePicher Corporation. "Also, GE's ability to make a significant financial commitment was key in simplifying the loan group and expediting our access to funds."

"Deep industry knowledge and a close working relationship with borrowers leads to smarter customized solutions for clients," said Tom Quindlen, president and CEO of GE Corporate Lending. "Whether it's optimizing the capital structure or mitigating interest rate risk-we're dedicated to helping businesses compete."

About GE Corporate Lending
With $14 billion in assets, GE Commercial Finance Corporate Lending is one of North America's largest providers of asset-based, cash flow, structured finance and other financial solutions for mid-size and large companies. From over 30 offices throughout the U.S. and Canada, GE Corporate Lending specializes in serving the unique needs of borrowers seeking $20 million to $2 billion and more for working capital, growth, acquisitions, project finance and turnarounds. Visit www.gelending.com/clnews for more information.

About GE Commercial Finance
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $300 billion and is headquartered in Norwalk, Connecticut. GE (NYSE: GE) is Imagination at Work — a diversified technology, media and financial services company focused on solving some of the world's toughest problems. GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.

Contact
GE Corporate Lending, Norwalk
Jeff Wilson
(203) 229-1887
jeffrey.wilson@ge.com

GE Commercial Finance, Norwalk
Ned Reynolds
(203) 229-5717
ned.reynolds@ge.com