Exhibit 12(b)

General Electric Capital Corporation

and consolidated affiliates

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

	Year ended December 31
(Dollars in millions)	2007		2006		2005		2004		2003
Earnings(a)	$	12,900	$	11,564	$	9,625	$	9,321	$	7,315
Plus
Interest included in expense(b)		22,612		17,705		13,911		10,910		9,761
One-third of rental expense(c)		340		308		303		282		249
Adjusted “earnings”	$	35,852	$	29,577	$	23,839	$	20,513	$	17,325
Fixed Charges:
Interest included in expense(b)	$	22,612	$	17,705	$	13,911	$	10,910	$	9,761
Interest capitalized		80		77		72		37		23
One-third of rental expense(c)		340		308		303		282		249
Total fixed charges	$	23,032	$	18,090	$	14,286	$	11,229	$	10,033
Ratio of earnings to fixed charges		1.56		1.63		1.67		1.83		1.73
Preferred stock dividend requirements	$	–	$	3	$	56	$	45	$	41
Ratio of earnings before provision for
income taxes to earnings from
continuing operations		1.06		1.12		1.11		1.20		1.20
Preferred stock dividend factor on
pre tax basis		–		3		62		54		49
Fixed charges		23,032		18,090		14,286		11,229		10,033
Total fixed charges and preferred
stock dividend requirements	$	23,032	$	18,093	$	14,348	$	11,283	$	10,082
Ratio of earnings to combined fixed
charges and preferred stock dividends		1.56		1.63		1.66		1.82		1.72

(a)	Earnings before income taxes, minority interest and discontinued operations.
(b)	Included interest on tax deficiencies.
(c)	Considered to be representative of interest factor in rental expense.