WEBCAST ALERT: PG&E CORPORATION ANNOUNCES FOURTH QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL

(San Francisco) January 25, 2008 / PR Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will hold a conference call for members of the financial community on February 22, 2008 at 11:30 a.m. EST to discuss its fourth quarter 2007 earnings results and other matters of interest to investors.

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. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9 p.m. EST, February 28, 2008, by dialing 877-690-2093. International callers may dial 402-220-0648.

PG&E Corporation is a Fortune 200 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, California’s largest investor-owned utility. PG&E serves more than 15 million Californians throughout a 70,000 square-mile service area in northern and central California. 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.