|          |              |                                                                                                                             |
|----------|--------------|-----------------------------------------------------------------------------------------------------------------------------|
| BEARER   |    | BEARER                                                                                                                      |
| No. PGFX |    | [                    ]1 |
|          |    | [                    ]2 |

| 1  | Insert Principal Amount.        |
|---------|--------------------------------------|

| 2  | Insert Optional Payment Amount      if the Note has dual-currency feature.   |
|---------|-----------------------------------------------------------------------------------|

| 3  | Common safe-keeper is only      applicable where this Note indicates hereon that it is intended to be a      New Global Note.   |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |              |                                                                                                                                                                                                                                                                                                                                                                                                                 |              |                                                                                                                                                                                                                                                                                                                                                                                                        |              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ISIN:   COMMON CODE:   ORIGINAL ISSUE      DATE:   MATURITY DATE:   PRINCIPAL AMOUNT IN SPECIFIED      CURRENCY:   INTEREST RATE:   INTEREST PAYMENT      PERIOD:   FIXED INTEREST PAYMENT      DATE(S):   NEW GLOBAL NOTE:   [ ] Yes4 [ ] No   INTENDED TO BE HELD IN A      MANNER WHICH WOULD ALLOW EUROSYSTEM ELIGIBILITY:   [ ] Yes5 [ ] Not      applicable  |    | DETERMINATION      DATES:6   INTEREST COMMENCEMENT      DATE:7   ISSUER OPTIONAL REDEMPTION      DATE:   NOTEHOLDER OPTIONAL REDEMPTION      DATE:   OPTIONAL      REPAYMENT:   OPTIONAL REPAYMENT      DATE(S):   SPECIFIED (FACE AMOUNT)      CURRENCY:   OPTION VALUE CALCULATION      AGENT:  |    | OPTIONAL PAYMENT      CURRENCY:   OPTION ELECTION      DATES:   DESIGNATED EXCHANGE      RATE:   CURRENCY BASE      RATE:   DETERMINATION      AGENT:   INITIAL MATURITY      DATE:   ELECTION DATE   FINAL MATURITY      DATE:   AVAILABILITY OF REGISTERED NOTES:  |    | IF THIS NOTE IS EXCHANGEABLE      DIRECTLY FOR DEFINITIVE NOTES, INDICATE FORM(S) OF DEFINITIVE NOTES:   DENOMINATIONS OF DEFINITIVE      NOTES (if not as set forth herein):   DENOMINATIONS:   REDENOMINATION:   DAY COUNT      FRACTION: [ ] 30/3608 [ ] Actual/Actual      (ICMA)9 [ ] (Other)   TAX REDEMPTION      DATE:   LISTING:   RANKING: [ ] Senior [ ] Subordinated  |

| 4  | Only applicable to euro      denominated Notes intended to be held in a manner which would allow      Eurosystem eligibility.   |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

| 5  | Only applicable if Note issued      in New Global Note form.   |
|---------|---------------------------------------------------------------------|

| 6  | Only applicable if fixed Day      Count Fraction is Act/Act (ICMA)   |
|---------|---------------------------------------------------------------------------|

| 7  | Only applicable if fixed Day      Count Fraction is Act/Act (ICMA)   |
|---------|---------------------------------------------------------------------------|

| 8  | Fixed Rate U.S. Dollar      denominated Notes   |
|---------|-----------------------------------------------------------|

| 9  | Fixed Rate Notes in all      currencies other than U.S. Dollars   |
|---------|------------------------------------------------------------------------|

----

----

----

|         |        |                                           |        |                                    |
|---------|--------|-------------------------------------------|--------|------------------------------------|
| DATED:  |   | GENERAL ELECTRIC      CAPITAL CORPORATION |
|         |        |                                           |
| [SEAL]  |   | By:                                       |   | /s/ Kathryn A.      Cassidy   |
|         |   | Name:                                     |   | Kathryn A. Cassidy                 |
|         |   | Title:                                    |   | Senior      Vice President – |
|         |   |                                           |   | Corporate Treasury and             |
|         |   |                                           |   | Global      Funding Operation      |
| Attest: |   |                                           |   |                                    |

|     |        |                                |
|-----|--------|--------------------------------|
| By: |   | /s/ Craig T.      Beazer  |
|     |   | Authorized Signatory           |

|                           |        |                                                                                                                                 |
|---------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------|
| THE BANK OF NEW      YORK |
|                           |   |                 as      Fiscal and Paying Agent |
|                           |        |
| By:                       |   |                                                                                                                       |
|                           |   |                 Authorized      Officer         |

| 10  | Applicable only for a series      of Notes issued and indicated hereon that it is issued as a New Global      Note.   |
|----------|----------------------------------------------------------------------------------------------------------------------------|

----

| • |   | In the      case of Notes denominated in U.S. Dollars “30/360” means interest will be      computed and paid on the basis of the number of days in the Calculation      Period divided by 360 (the number of days to be calculated on the basis of      a 360-day year of twelve 30-day months) (“30/360”).   |
|---------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| • |   | In the      case of Notes denominated in a currency other than U.S. Dollars,      “Actual/Actual (ICMA)” means interest will be computed and paid on the      following basis :   |
|---------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11  | Insert as applicable as set      out in the applicable Final Terms or Securities Note (as the case may be).        |
|----------|-------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

|   | (a) | any tax, duty, assessment or other governmental charge required to      be withheld by any Paying Agent from any payment of principal of, or      interest on, any Note, if such payment can be made without such      withholding by any other Paying Agent in a member state of the European      Union; or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any tax, duty, assessment or other governmental charge required to      be imposed or withheld on a payment to an individual and such deduction or      withholding is required to be made pursuant to any European Union      Directive on the taxation of savings or any law implementing or complying      with, or introduced in order to conform to, such Directive. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|                                  |              |                                       |
|----------------------------------|--------------|---------------------------------------|
| Currency                    |    | Principal Financial      Center  |
| United States      dollars  |    | The City      of New York             |
| Australiandollars           |    | Sydney      and Melbourne             |
| Canadian dollars            |    | Toronto                               |
| New Zealand      dollars    |    | Auckland      and Wellington          |
| Norwegian Krone             |    | Oslo                                  |
| South Africanrand           |    | Johannesburg                          |
| Swedish Krona               |    | Stockholm                             |
| Swiss francs                |    | Zurich                                |

----

----

|                                                                                                                                                                                                               |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| NOTICE: The signature on      this Option to Elect Repayment must correspond with the name as written      upon the face of the within instrument in every particular without      alteration or enlargement. |

----

|                                                                |        |                         |        |                                                                |        |                                                          |        |                                                                    |        |                                                                        |        |                                                                              |
|----------------------------------------------------------------|--------|-------------------------|--------|----------------------------------------------------------------|--------|----------------------------------------------------------|--------|--------------------------------------------------------------------|--------|------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|
| Date of Exchange or Interest Payment  |   | Payment ofInterest |   | Principal(Face)13AmountExchangedFromTemporaryGlobal Notes |   | Principal(Face)13AmountExchangedForDefinitiveBearerNotes |   | Principal(Face)      13AmountExchangedForDefinitiveRegisteredNotes |   | RemainingPrincipal(Face)      13AmountOutstandingFollowingSuchExchange |   | NotationMade by oron behalf ofFiscal      andPayingAgent |

| 12  | Schedule A-1 should only be      completed where this Note indicates hereon that it is not intended to be a      New Global Note.   |
|----------|------------------------------------------------------------------------------------------------------------------------------------------|

| 13  | To be used if Note has      dual-currency or index feature.   |
|----------|--------------------------------------------------------------------|

----

| 14  | Schedule A-2 should only be      completed where this Note indicates hereon that it is not intended to be a      New Global Note.   |
|----------|------------------------------------------------------------------------------------------------------------------------------------------|

----

|        |        |                               |
|--------|--------|-------------------------------|
|        |   | [Name of Account      Holder] |
|        |        |
| By:    |   |                     |
|        |   | (Authorized Signatory)        |
| Name:  |   |                               |
| Title: |   |                               |

----

|                                                                                                              |        |              |
|--------------------------------------------------------------------------------------------------------------|--------|--------------|
| [EUROCLEAR BANK,      S.A./N.V.     as      Operator of the Euroclear System]  |
|                                                                                                              |
| [CLEARSTREAM BANKING SOCIÉTÉ ANONYME]                                               |
| [OTHER CLEARANCE      SYSTEM]                                                                                |
|                                                                                                              |        |
| By:                                                                                                          |   |    |