Registration No. 33-50639
Rule 424(b)(3) & (c)
SUPPLEMENT DATED APRIL 3, 1998
TO PROSPECTUS DATED AUGUST 10, 1994
AS SUPPLEMENTED ON JUNE 18, 1996
1. In Response to recent changes to federal income tax law, the GE Stock IRA
Plan is being made available to share owners of GE common stock through three
types of self-directed individual retirement accounts: the GE Traditional
IRA, the GE Roth IRA and the GE Education IRA. Accordingly:
--All references in the Prospectus to GE IRAs shall include the GE
Traditional IRA, the GE Roth IRA and the GE Education IRA, except as
described below.
[bullet] The following modifies the corresponding information set forth in
the last paragraph on page 3 of the Prospectus under the heading
"COMPARISON OF THE GE STOCK IRA PLAN AND THE GE DIVIDEND
REINVESTMENT AND SHARE PURCHASE PLAN" and in the first paragraph
under the heading "Dividend Reinvestment" on page 7 of the
Prospectus:
Cash dividends on shares of GE common stock held under the GE
Stock IRA Plan are automatically reinvested in additional shares
of GE common stock, except that a Participant who has attained age
59-1/2 and holds shares in a GE Traditional IRA or a GE Roth IRA,
may elect to have all (and not less than all) such cash dividends
instead paid to his or her GE IRA and immediately distributed to
the Participant as a withdrawal. Such an election by a Participant
will remain in effect until it is revoked by the Participant. A
Participant who holds shares in a GE Education IRA may not elect
to have cash dividends automatically withdrawn.
[bullet] The following modifies the corresponding information set forth in
the first paragraph under the heading "Rollovers and Transfers of
Shares Into a GE IRA" on page 9 of the Prospectus:
A person may deposit, or cause to be deposited, shares of GE
common stock (i) into his or her GE Traditional IRA through a
tax-free rollover of shares from the Participant's GE S&S Program
account or through a tax-free rollover or transfer from another
Traditional IRA established by such person, (ii) into his or her
GE Roth IRA through a tax-free rollover or transfer from a
Traditional IRA or another Roth IRA, if eligible, established by
such person or (iii) into his or her GE Education IRA through a
tax-free rollover from another Education IRA, if eligible,
established by such person.
--All references in the Prospectus to the GE IRA Disclosure Statement and
Custodial Account Agreement shall include the GE Traditional and Roth IRA
Disclosure Statement and Custodial Account Agreement and the GE Education
IRA Disclosure Statement and Custodial Account Agreement; and
--All references in the Prospectus to the Application shall include the GE
Traditional IRA New Account Form, the GE Roth IRA New Account Form and the
GE Education IRA New Account Form.
2. The following modifies the corresponding information set forth under the
heading "COMPARISON OF THE GE STOCK IRA PLAN AND THE GE DIVIDEND REINVESTMENT
AND SHARE PURCHASE PLAN" on pages 3-4 of the Prospectus:
Effective June 1, 1998, the General Electric Company Dividend Reinvestment
and Share Purchase Plan (the "GE DRP") will be replaced by a new plan, GE
Stock Direct ("GE Direct"). Following are the terms of GE Direct that will
differ from the terms of the GE DRP described in the comparison with the GE
Stock IRA Plan set forth in the Prospectus:
--GE Direct will permit a participant to acquire his or her first share of
GE common stock through GE Direct;
--Purchases, other than for purposes of dividend reinvestment, through GE
Direct generally will be made within one week after purchase orders are
received or monthly withdrawals are automatically made from a participant's
bank account;
--Sales through GE Direct generally will be made twice each week;
--GE Direct will charge certain fees in connection with additional
purchases of shares of GE common stock; and
--The limit on additional purchases of shares of GE common stock through GE
Direct will be $10,000 per transaction.
Further information about GE Direct and how to enroll in it may be obtained
by calling 1-800-STOCK-GE (1-800-786-2543) or from GE's Internet site at
http://www.ge.com.
3. If you would like a copy of the recent amendments to the GE Stock IRA Plan,
please call 1-800-242-0134.
ST-IRA-1
