GE Aviation

--EVENDALE, Ohio - On September 24, 1997, UNC Incorporated called for the redemption of the entire principal amount of its 71/2 percent Convertible Subordinated Debentures due 2006 (the "Debentures") at a redemption price equal to 100 percent of the principal amount of the Debentures, together with accrued interest to the date of redemption. The date of redemption is Friday, October 24, 1997 (the "Redemption Date"). The Debentures are convertible until 5:00 p.m. New York time on the Redemption Date. As a result of the merger of UNC with an indirect, wholly owned subsidiary of General Electric Company on September 17, 1997, each $15.40 aggregate principal out of the Debentures is convertible into the right to receive $15.00 in cash and each $1,000 principal amount of Debentures is convertible into $974.03 in cash. No payments in respect of interest will be made upon conversion of any Debentures. UNC Incorporated recommended that no holders convert their Debentures.