**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, 2006**

|                                                                                                    | **Ratio                of****earnings                to****fixed                charges** |   | **Ratio                of****earnings                to****combined****fixed                charges****and                preferred****stock                dividends** |
|---------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *(Dollars                in millions)*                                                                  |                                                                                      |   |                                                                                                                                                                    |   |   |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Earnings                from continuing operations                                                      | $                                                                                         | 7,474  |                                                                                                                                                                    | $ | 7,474 |   |
| Provision                for income taxes                                                               |                                                                                      | 1,020  |                                                                                                                                                                    |   | 1,020 |   |
| Minority                interest                                                                        |                                                                                      | 181    |                                                                                                                                                                    |   | 181 |   |
| Earnings                from continuing operations before income taxes                                  |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| and                minority interest                                                                    |                                                                                      | 8,675  |                                                                                                                                                                    |   | 8,675 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Fixed                charges:                                                                           |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Interest                                                                                                |                                                                                      | 13,310 |                                                                                                                                                                    |   | 13,310 |   |
| One-third                of rentals(a)                                                                  |                                                                                      | 245    |                                                                                                                                                                    |   | 245 |   |
| Total                fixed charges                                                                      |                                                                                      | 13,555 |                                                                                                                                                                    |   | 13,555 |   |
| Less                interest capitalized, net of amortization                                           |                                                                                      | (57    | )                                                                                                                                                                       |   | (57 | ) |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Earnings                from continuing operations before income taxes and                minority      |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| interest                plus fixed charges                                                              | $                                                                                         | 22,173 |                                                                                                                                                                    | $ | 22,173 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Ratio                of earnings to fixed charges                                                       |                                                                                      | 1.64   |                                                                                                                                                                    |   | 1.64 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| 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                                                                            |                                                                                      |   |                                                                                                                                                                    |   | 13,555 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Total                fixed charges and preferred stock dividend requirements                            |                                                                                      |   |                                                                                                                                                                    | $ | 13,555 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |
| Ratio                of earnings to combined fixed charges and preferred stock                dividends |                                                                                      |   |                                                                                                                                                                    |   | 1.64 |   |
|                                                                                                    |                                                                                      |   |                                                                                                                                                                    |   |   |   |

| (a) | Considered                to be representative of interest factor in rental expense. |   |
|-----|--------------------------------------------------------------------------------------|--------|