San Francisco, April 20, 2005 / PRN Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will discuss First Quarter 2005 Earnings live over the Internet on Wednesday, May 4, 2005 at 1:00 p.m. EDT. The presentation will be available via webcast at http://www.pgecorp.com/investors/investor_info/conference/index.shtml.

If you are unable to participate during the live webcast, the call will be archived at http://www.pgecorp.com/. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9:00 p.m. EDT, May 11 by dialing 877.690.2095. International callers may dial 402.220.0650.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. With assets valued at $34.5 billion, its operations include electric generation, natural gas and electric transmission, and electric and gas 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.