Temporary Common Code: Trade Date: October 12, Settlement Date (Original Issue Date): October 19, 2004

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1 OFFERING CIRCULAR PRICING SUPPLEMENT: 4080 Dated May 21, 2004 Dated October 15, 2004 GE CAPITAL UK FUNDING EURO MEDIUM-TERM NOTES GBP 175,000, % Fixed Rate Notes Due December 15, 2010 Unconditionally and Irrevocably Guaranteed by GENERAL ELECTRIC CAPITAL CORPORATION THE NOTES ARE INTENDED TO BE FULLY FUNGIBLE AND WILL, UPON THE ISSUANCE OF THE PERMANENT GLOBAL BEARER NOTE, ON OR AFTER THE EXCHANGE DATE (CURRENTLY ANTICIPATED TO OCCUR ON OR ABOUT 40 DAYS AFTER THE SETTLEMENT DATE), BE CONSOLIDATED AND FORM A SINGLE ISSUE FOR ALL PURPOSES WITH THE ISSUER S ISSUE OF GBP 350,000, % FIXED RATE NOTES DUE DECEMBER 15, 2010 AS DESCRIBED IN THE ISSUER'S PRICING SUPPLEMENT NUMBER 3947 DATED OCTOBER 13, CAPITALIZED TERMS USED HEREIN SHALL BE DEEMED TO BE DEFINED AS SUCH FOR THE PURPOSES OF THE SECTION ENTITLED "DESCRIPTION OF NOTES" SET FORTH IN THE OFFERING CIRCULAR DATED MAY 23, THIS PRICING SUPPLEMENT CONTAINS THE FINAL TERMS OF THE NOTES AND MUST BE READ IN CONJUNCTION WITH THE OFFERING CIRCULAR DATED MAY 21, 2004, SAVE IN RESPECT OF THE CONDITIONS APPLICABLE TO THE NOTES. General Information Description of Issuer: Description of Guarantor: Temporary ISIN: Permanent ISIN: GE Capital UK Funding General Electric Capital Corporation XS XS Temporary Common Code: Permanent Common Code: SEDOL: Trade Date: October 12, 2004 Settlement Date (Original Issue Date): October 19, 2004 Maturity Date: December 15, 2010 Principal Amount (in Specified Currency): GBP 175,000,000 If Specified Currency is other than U.S. Dollars equivalent amount in U.S. dollars: US$ 312,567,5000 (Based on the exchange rate of GBP 1.00 = US$ )

2 Price to Public (Issue Price): % (plus accrued interest from and including December 15, 2003 to but excluding October 19, 2004) 2

3 Dealer s Discount or Commission: 0.300% (PRICING SUPPLEMENT NO PAGE 2) 3 Net Proceeds to Issuer (in Specified Currency): Interest Rate: GBP 170,233,000 (plus accrued interest from and including December 15, 2003 to but excluding October 19, 2004) Fixed Interest Rate Per Annum: 4.750% Interest Payment Period: Annually Fixed Interest Payment Dates: Each December 15, commencing December 15, 2004 and ending on the Maturity Date. Repayment and Redemption: Issuer Optional Redemption Date: Noteholder Optional Redemption Date: Optional Repayment: Amortizing Notes: Amortization Schedule: Dual Currency Notes: Face Amount Currency: Option Value Calculation Agent: Optional Payment Currency: Option Election Date(s): Designated Exchange Rate: Indexed Notes: Currency Base Rate: Determination Agent: Extendible Notes: Initial Maturity Date: Election Date: Final Maturity Date: Other terms and conditions:

4 (PRICING SUPPLEMENT NO PAGE 3) 4 Form of Notes: Temporary global Note to Permanent global Note Temporary global Note to Definitive Notes Denominations: Notes will be available in denominations of GBP 1,000, GBP 10,000 and GBP 100,000. Redenomination: Issuer option to redenominate Notes: Day Count Fraction: Actual/Actual (ISMA), as Specified in the Offering Circular Listing: Listed on the Luxembourg Stock Exchange Listed on the Irish Stock Exchange The Notes are intended to be fully fungible with and will, upon issuance of the Permanent global Note, on or after the Exchange Date (currently anticipated to occur on or about 40 days after the Settlement Date), be consolidated and form a single issue for all purposes with the Issuer's issue of GBP 350,000, % Notes Due December 15, 2010, described in the Issuer s Pricing Supplement No dated October 13, Plan of Distribution: The Notes are being purchased by the following financial institutions in the respective amounts set forth below pursuant to a Terms Agreement between GE Capital UK Funding, as Issuer, General Electric Capital Corporation as Guarantor and the financial institutions listed below dated October 15, 2004 executed under the Fifth Amended and Restated Distribution Agreement dated May 21, 2004, among General Electric Capital Corporation, GE Capital Australia Funding Pty. Ltd., GE Capital Canada Funding Company, GE Capital European Funding and GE Capital UK Funding, on the one hand, and the Dealers named therein, on the other (the "Distribution Agreement "): Financial Institution Amount of Notes Goldman Sachs International GBP 87,500,000 HSBC Bank plc GBP 87,500,000 Total: GBP 175,000,000

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6 6 (PRICING SUPPLEMENT NO PAGE 4) Each of the above-named financial institutions is hereinafter referred to as a "Manager" and collectively, the "Managers." To the extent that any of the Managers are not named in the Distribution Agreement, the Issuer has appointed them as Dealers thereunder for this transaction pursuant to the Terms Agreement. The combined management and underwriting commission payable by the company to the Managers with respect to the respective purchases of the Notes is 0.300% of the principal amount of the Notes. In connection with the issue of the Notes, Goldman Sachs International or any person acting on its behalf may over-allot or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail for a limited period of time. However, there may be no obligation on Goldman Sachs International any of its agents to do this. Such stabilization, if commenced, may be discontinued at any time and must be brought to an end after a limited period. Such stabilizing, if any, shall be in compliance with all relevant laws and regulations. Each Dealer will be required to represent and agree that it will only offer and/or sell or otherwise transfer the Notes to a limited number of investors who are particularly knowledgeable in investment matters within the meaning of the Irish Stock Exchange s Listing Rules for Specialist Securities: bonds (the ISE Listing Rules ). Each Dealer will be required to further acknowledge that the Notes are specialist securities within the meaning of the ISE Listing Rules. Each Dealer will be required to confirm that the Notes are being issued in the denominations specified in the Pricing Supplement in accordance with market practice for issues of specialist debt securities. LISTING APPLICATION This Pricing Supplement comprises the final terms required to list the issue of Notes described herein pursuant to the Issuer s Euro-Medium Term Note Programme dated May 21, RESPONSIBILITY The Issuer and Guarantor accept responsibility for the information contained in this Pricing Supplement.

Pricing Supplement dated 23 August 2000

Pricing Supplement dated 23 August 2000 LLOYDS TSB BANK plc Issue of 100,000,000 6.625 per cent. Subordinated Notes due 2015 under the 10,000,000,000 Euro Medium Term Note Programme to be fungible with