Thursday, June 21, 2007

GE Statement on Discussions Regarding Pearson and Dow Jones

GE today issued the following statement regarding its recent discussions with Pearson regarding Dow Jones:

GE and NBC Universal are always evaluating opportunities to
enhance our businesses and shareowner value, particularly
when they involve superior global brands such as CNBC, the
Financial Times Group and Dow Jones. GE and CNBC recently
held exploratory discussions with Pearson regarding a
possible combination of these properties. Following these
discussions, GE and Pearson have decided not to pursue this
combination. Pearson and NBC Universal continue to discuss
cooperative agreements between CNBC and the Financial Times
Group.

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