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Webcast Alert: PG&E Corporation's Peter Darbee And Pacific Gas And Electric Company's Gordon Smith To Participate In Panel Discussions At Goldman Sachs Power And Utility Conference

05/10/2004

San Francisco, May 10, 2004 /PRNewswire-FirstCall/ -- Peter Darbee, Senior Vice President and CFO of PG&E Corporation (NYSE: PCG) and Gordon Smith, President and CEO of Pacific Gas and Electric Company will participate in panel discussions at the Goldman Sachs Power and Utility Conference in Las Vegas on Thursday, May 13, 2004 at 12:45 p.m. and 1:45 p.m. EDT respectively. Both panel discussions will be available via webcast

Who:

Peter Darbee, Senior Vice President and CFO, PG&E Corporation Gordon Smith, President and CEO, Pacific Gas and Electric Company

What:

Panel Discussions at the Goldman Sachs Power and Utility Conference

When:

Thursday, May 13, 2004 (Peter Darbee) 12:45 p.m. EDT (Gordon Smith) 1:45 p.m. EDT

Where:

http://www.pgecorp.com/investors/investor_info/presentations/index.shtml

How:

Live over the Internet -- log on to the web at the address above.

Contact:

Investor Relations 1 + 415-267-7080

If you are unable to listen to the live webcast, the presentation will be archived at http://www.pgecorp.com/investors/investor_info/presentations/index.shtml for 12 months.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. With assets valued at $30 billion, its operations include electric generation, natural gas and electric transmission, and utility distribution. It is the parent company of Pacific Gas and Electric Company.

Minimum Requirements to listen to broadcast:

The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet.

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Investor Relations Contact Info

invrel@pge-corp.com

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