**Exhibit        12**

**General        Electric Capital Services, Inc. and consolidated        affiliates**

**Computation        of Ratio of Earnings to Fixed Charges**

**and**

**Computation        of Ratio of Earnings to Combined Fixed Charges and Preferred Stock        Dividends**

**Three        months ended March 31, 2007**

|                                                                                                        | **Ratio                  of****earnings                  to****fixed                  charges** |   | **Ratio                  of****earnings                  to****combined****fixed                  charges****and                  preferred****stock                  dividends** |
|-------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *(Dollars                  in millions)*                                                                    |                                                                                            |   |                                                                                                                                                                              |   |   |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Earnings(a)                                                                                                 | $                                                                                               | 3,437  |                                                                                                                                                                              | $ | 3,437 |   |
| Plus                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Interest                  included in expense                                                               |                                                                                            | 5,401  |                                                                                                                                                                              |   | 5,401 |   |
| One-third                  of rental expense(b)                                                        |                                                                                            | 87     |                                                                                                                                                                              |   | 87 |   |
| Adjusted                  “earnings”                                                            | $                                                                                               | 8,925  |                                                                                                                                                                              | $ | 8,925 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Fixed                  charges                                                                              |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Interest                  included in expense                                                               | $                                                                                               | 5,401  |                                                                                                                                                                              | $ | 5,401 |   |
| Interest                  capitalized                                                                       |                                                                                            | 20     |                                                                                                                                                                              |   | 20 |   |
| One-third                  of rental expense(b)                                                             |                                                                                            | 87     |                                                                                                                                                                              |   | 87 |   |
| Total                  fixed charges                                                                        | $                                                                                               | 5,508  |                                                                                                                                                                              | $ | 5,508 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Ratio                  of earnings to fixed charges                                                         |                                                                                            | 1.62   |                                                                                                                                                                              |   |   |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Preferred                  stock dividend requirements                                                      |                                                                                            |   |                                                                                                                                                                              | $ | - |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Ratio                  of earnings before provision for income taxes to earnings                  from      |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| continuing                  operations                                                                      |                                                                                            |   |                                                                                                                                                                              |   | 1.11 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Preferred                  stock dividend factor on pre-tax basis                                           |                                                                                            |   |                                                                                                                                                                              |   | - |   |
| Fixed                  charges                                                                              |                                                                                            |   |                                                                                                                                                                              |   | 5,508 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Total                  fixed charges and preferred stock dividend requirements                              |                                                                                            |   |                                                                                                                                                                              | $ | 5,508 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |
| Ratio                  of earnings to combined fixed charges and preferred stock                  dividends |                                                                                            |   |                                                                                                                                                                              |   | 1.62 |   |
|                                                                                                        |                                                                                            |   |                                                                                                                                                                              |   |   |   |

| (a) | Earnings                  before income taxes, minority interest and discontinued                  operations. |   |
|-----|----------------------------------------------------------------------------------------------------------------|--------|
| (b) | Considered                  to be representative of interest factor in rental expense.                         |   |