**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**

**Nine      months ended September 30, 2007**

|                                                                                                    | **Ratio                of****earnings                to****fixed                charges** |   | **Ratio                of****earnings                to****combined****fixed                charges****and                preferred****stock                dividends** |
|---------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *(Dollars                in millions)*                                                                  |                                                                                      |   |                                                                                                                                                                    |   |   |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Earnings(a)                                                                                             | $                                                                                         | 10,557 |                                                                                                                                                                    | $ | 10,557 |   |
| Plus                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Interest                included in                expense                                              |                                                                                      | 16,732 |                                                                                                                                                                    |   | 16,732 |   |
| One-third                of rental expense(b)                                                           |                                                                                      | 253    |                                                                                                                                                                    |   | 253 |   |
| Adjusted                “earnings”                                                          | $                                                                                         | 27,542 |                                                                                                                                                                    | $ | 27,542 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Fixed                charges                                                                            |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Interest                included in                expense                                              | $                                                                                         | 16,732 |                                                                                                                                                                    | $ | 16,732 |   |
| Interest                capitalized                                                                     |                                                                                      | 59     |                                                                                                                                                                    |   | 59 |   |
| One-third                of rental expense(b)                                                           |                                                                                      | 253    |                                                                                                                                                                    |   | 253 |   |
| Total                fixed charges                                                                      | $                                                                                         | 17,044 |                                                                                                                                                                    | $ | 17,044 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Ratio                of earnings to fixed charges                                                       |                                                                                      | 1.62   |                                                                                                                                                                    |   | 1.62 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Preferred                stock dividend requirements                                                    |                                                                                      |   |                                                                                                                                                                    | $ | − |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Ratio                of earnings before provision for income taxes to earnings                from      |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| continuing                operations                                                                    |                                                                                      |   |                                                                                                                                                                    |   | 1.14 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Preferred                stock dividend factor on pre-tax basis                                         |                                                                                      |   |                                                                                                                                                                    |   | − |   |
| Fixed                charges                                                                            |                                                                                      |   |                                                                                                                                                                    |   | 17,044 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Total                fixed charges and preferred stock dividend requirements                            |                                                                                      |   |                                                                                                                                                                    | $ | 17,044 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| 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.                       |   |