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<TITLE>Form 8-K</TITLE>
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<B><FONT SIZE="4">
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<BR>
</FONT><FONT SIZE="2">Washington, D.C. 20549</P>
<P ALIGN="CENTER">&nbsp;
<HR WIDTH="38%" SIZE="1">
</FONT>
<P ALIGN="CENTER">FORM 8-K</P>
<FONT SIZE="2">
<P ALIGN="CENTER">CURRENT REPORT</P>
<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of&nbsp;<BR>
The Securities Exchange Act of 1934</P>
<HR WIDTH="38%" SIZE="1">
<P ALIGN="CENTER">Date of Report (Date of earliest event reported) November 21,
2002</P>
<P ALIGN="CENTER"></FONT>General Electric Capital Services, Inc.<BR>
<FONT SIZE="1">(Exact name of registrant as specified in its charter)</P>
</FONT><FONT SIZE="2">
</FONT></B>
<P ALIGN="CENTER"><CENTER>
<TABLE BORDER="0" CELLSPACING="1" CELLPADDING="1" WIDTH="526">
  <TR>
    <TD WIDTH="40%" VALIGN="TOP" NOWRAP>
      <P ALIGN="CENTER"><B><FONT SIZE="2">Delaware</FONT></B></TD>
    <TD WIDTH="2%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">&nbsp;</FONT></B></TD>
    <TD WIDTH="25%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">0-14804</FONT></B></TD>
    <TD WIDTH="2%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">&nbsp;</FONT></B></TD>
    <TD WIDTH="31%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">06-1109503</FONT></B></TD>
  </TR>
  <TR>
    <TD WIDTH="40%" VALIGN="TOP" NOWRAP><B><FONT SIZE="1">
      <P ALIGN="CENTER">(State or other jurisdiction of incorporation)</FONT></B></TD>
    <TD WIDTH="2%" VALIGN="TOP" NOWRAP>&nbsp;</TD>
    <TD WIDTH="25%" VALIGN="TOP" NOWRAP><B><FONT SIZE="1">
      <P ALIGN="CENTER">(Commission File Number)</FONT></B></TD>
    <TD WIDTH="2%" VALIGN="TOP" NOWRAP>&nbsp;</TD>
    <TD WIDTH="31%" VALIGN="TOP" NOWRAP><B><FONT SIZE="1">
      <P ALIGN="CENTER">(IRS Employer Identification No.)</FONT></B></TD>
  </TR>
</TABLE>
</CENTER><B><FONT SIZE="2">
</FONT></B>
<CENTER>
<P>&nbsp;</P>
<TABLE BORDER="0" CELLSPACING="1" CELLPADDING="1" WIDTH="280">
  <TR>
    <TD WIDTH="77%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">260 Long Ridge Road, Stamford, CT</FONT></B></TD>
    <TD WIDTH="3%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER"></FONT></B></TD>
    <TD WIDTH="20%" VALIGN="TOP" NOWRAP><B><FONT SIZE="2">
      <P ALIGN="CENTER">06927</FONT></B></TD>
  </TR>
  <TR>
    <TD WIDTH="77%" VALIGN="TOP" NOWRAP><B><FONT SIZE="1">
      <P ALIGN="CENTER">(Address of principal executive offices)</FONT></B></TD>
    <TD WIDTH="3%" VALIGN="TOP" NOWRAP>&nbsp;</TD>
    <TD WIDTH="20%" VALIGN="TOP" NOWRAP><B><FONT SIZE="1">
      <P ALIGN="CENTER">(Zip Code)</FONT></B></TD>
  </TR>
</TABLE>
</CENTER><B><FONT SIZE="2">
<P ALIGN="LEFT">&nbsp;</P>
<P ALIGN="CENTER">Registrant's telephone number, including area code <U>(203)
357-4000</P>
</U></FONT></B><FONT SIZE="2">
<B>
<P ALIGN="LEFT">Item 5. Other Events</P>
</B>

<P ALIGN="left">On November 21, 2002, General Electric Company (&quot;GE&quot;)
issued a press release setting forth management's outlook regarding earnings for
2002 and 2003. The press release also addressed increased reserves at GE Global
Insurance Holding Corporation, commonly referred to as Employers Reinsurance
Corporation (&quot;ERC&quot;), capital contributions by GE to GE Capital
Services (&quot;GECS&quot;) and to ERC, the assigning of differentiated leverage
to the four new businesses formed as a result of the previously announced
reorganization of GECS, an increase in GE's quarterly dividend, and plans
related to GE's share repurchase program. GECS will contribute to GE Capital the
$4.5 billion it receives from GE. In addition, GE will contribute $1.8 billion
to ERC through GECS. A copy of GE's press release is attached hereto as Exhibit
99(a) and hereby incorporated by reference.</P>

<B>
<P ALIGN="CENTER">Signature</P>
</B>
<P ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto duly authorized.</P>
<P ALIGN="LEFT">&nbsp;</P>
<TABLE BORDER="0" WIDTH="100%" CELLSPACING="0" CELLPADDING="0">
  <TR>
    <TD WIDTH="50%"></TD>
</FONT>

  <TD WIDTH="50%">
<P ALIGN="LEFT"><FONT SIZE="2">
General Electric Capital Services, Inc.</FONT></P>
<P ALIGN="LEFT"><FONT SIZE="2">
By:</FONT><U><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Joan C. Amble
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>
</U>
  <P ALIGN="LEFT"><FONT SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Joan C. Amble<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Controller</FONT></P>
    <FONT SIZE="2">
<P ALIGN="LEFT">Date: November 21, 2002</P>
  </FONT>
    </TD>
  </TR>
</TABLE>
<B>
<P ALIGN="LEFT"><FONT SIZE="2">Exhibits Index</FONT></P>
</B>
<P ALIGN="LEFT"><FONT SIZE="2">99(a) Press release, dated November 21, 2002, issued by General
Electric Company</FONT></P>
<P ALIGN="LEFT">&nbsp;</P>

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{"company-data": {"conformed-name": "GENERAL ELECTRIC CAPITAL SERVICES INC/CT", "cik": "0000797463", "assigned-sic": "6141", "irs-number": "061109503", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-14804", "film-number": "02836365"}, "business-address": {"street1": "260 LONG RIDGE RD", "city": "STAMFORD", "state": "CT", "zip": "06927", "phone": "2033574000"}, "mail-address": {"street1": "260 LONG RIDGE RD", "city": "STAMFORD", "state": "CT", "zip": "06927"}}
Form 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 21,
2002
General Electric Capital Services, Inc.
(Exact name of registrant as specified in its charter)
Delaware
0-14804
06-1109503
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
260 Long Ridge Road, Stamford, CT
06927
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code
(203)
357-4000
Item 5. Other Events
On November 21, 2002, General Electric Company ("GE")
issued a press release setting forth management's outlook regarding earnings for
2002 and 2003. The press release also addressed increased reserves at GE Global
Insurance Holding Corporation, commonly referred to as Employers Reinsurance
Corporation ("ERC"), capital contributions by GE to GE Capital
Services ("GECS") and to ERC, the assigning of differentiated leverage
to the four new businesses formed as a result of the previously announced
reorganization of GECS, an increase in GE's quarterly dividend, and plans
related to GE's share repurchase program. GECS will contribute to GE Capital the
$4.5 billion it receives from GE. In addition, GE will contribute $1.8 billion
to ERC through GECS. A copy of GE's press release is attached hereto as Exhibit
99(a) and hereby incorporated by reference.
Signature
Pursuant to the requirements of
the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto duly authorized.
General Electric Capital Services, Inc.
By:
/s/ Joan C. Amble
Joan C. Amble
Vice President and Controller
Date: November 21, 2002
Exhibits Index
99(a) Press release, dated November 21, 2002, issued by General
Electric Company