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Wayne Appoints Andrei Belomestnykh as Regional Manager, Russia & CIS

MALMÖ, SWEDEN—April 23, 2012 - Wayne, a GE Energy (NYSE: GE) Business and a global innovator of fuel dispensers and technologies, recently announced the appointment of Andrei Belomestnykh as regional manager, Russia & CIS, effective March 13.

Mr. Belomestnykh is a proven leader in the industry, and brings to Wayne extensive management experience — most recently with Shell, where he served nearly 12 years in a series of progressive roles in Russia and Central & Eastern Europe in both Sales and Business Development. During his tenure there, Mr. Belomestnykh managed Shell’s retail petroleum portfolio for the Commonwealth of Independent States (CIS).

In his new role, Mr. Belomestnykh will develop and expand Wayne business activity within the Russia/CIS region, focusing his organization on customer development, revenue growth and profitability.

“Andrei’s leadership and significant expertise provide him with a keen understanding of how to build business and innovate to reach key Wayne audiences,” said Damian Tracey, President Wayne EMEA. “Andrei’s depth of experience will make an immediate impact as we continue to establish and strengthen connections in Russia.”

Prior to Shell, Mr. Belomestnykh worked in commercial and plant-operations managerial roles in the chemical industry for various companies, including Procter & Gamble. Mr. Belomestnykh holds an International MBA from the Stockholm School of Economics, an Engineering degree from the Ship Building Technical Institute, and an Economic and Management degree from the Far Eastern State Technical University (now Far Eastern Federal University).

“I have seen first-hand the evolution of our industry in this region and look forward to working with the Wayne team here and across the GE global network to help our clients benefit,” said Mr. Belomestnykh. “I am excited to be working for a global leader in fuel-dispensing technology, and I look forward to meeting our excellent clients, and overseeing activities in Russia & CIS.”

About Wayne Fueling Systems

Wayne Fueling Systems is one of the world’s largest suppliers of fuel dispensers, payment terminals, forecourt control devices, point-of-sale and other measurement and control solutions to the retail and commercial fueling industry. Wayne has been at the forefront of innovation since it was founded in 1891 and is responsible for many of the breakthrough technologies that have transformed fuel retailing. Through a global network of distributors and service partners, Wayne products are sold and supported in over 140 countries around the world. Headquartered in Austin, Texas, Wayne also has major design and assembly operations in Sweden, Brazil and China.