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Webcast Alert: PG&E Corporation Schedules 2006 Year-End Earnings Release And Conference Call

01/17/2007

San Francisco, January 17, 2007 / PRN Newswire – FirstCall/ -- PG&E Corporation (NYSE:PCG) today announced that it will release its 2006 year-end earnings results on February 22, 2007. In addition, company management will host a webcast to discuss the financial results and other items of interest at 11:30 a.m. EST that same day.

What: Year-End 2006 Earnings
When:

February 22, 2007 at 11:30 a.m. EST

Where: http://www.pgecorp.com/investors/investor_info/conference/index.shtml
How: Live over the Internet -- log on to the web at the address above.
Contact: Corporate Communications 800-743-6397
Investor Relations 415-267-7080

If you are unable to participate during the live webcast, the call will be archived at http://www.pgecorp.com/investors/investor_info/conference/index.shtml for 12 months.

Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9 p.m. EST, February 28, by dialing 877-690-2089. International callers may dial 402-220-0645.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco. With assets valued at $34 billion, its operations include electric and gas distribution, natural gas and electric transmission, and electric generation. It is the parent company of Pacific Gas and Electric Company. For more information, visit the web site at http://www.pgecorp.com.

Minimum Requirements to listen to broadcast:

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

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Shareholder Information

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Investor Relations Contact Info

415-972-7080
invrel@pge-corp.com

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