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Webcast Alert: PG&E Corporation’s Peter A. Darbee To Speak At Sanford C. Bernstein’s 23 Rd Annual Strategic Decisions Conference

05/23/2007

San Francisco, May 23, 2007/ PR Newswire – FirstCall/ -- Peter A. Darbee, Chairman, CEO, and President, PG&E Corporation (NYSE: PCG), will speak at Sanford C. Bernstein’s 23rd Annual Strategic Decisions Conference in New York on Wednesday, May 30, at 2:00 p.m. EDT. The presentation will be webcast at http://www.pgecorp.com/investors/investor_info/presentations/index.shtml.

Who:
Peter A. Darbee, Chairman, CEO, and President, PG&E Corporation
What:
Sanford C. Bernstein’s 23rd Annual Strategic Decisions Conference
When:

Wednesday, May 30, 2007 at 2:00 p.m. EDT

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 presentation will be archived at http://www.pgecorp.com for 12 months.

PG&E Corporation is an energy-based holding company headquartered in San Francisco, California. 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.

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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