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Dates Set For Quarterly Stock Dividends

12/15/2010

(San Francisco) – PG&E Corporation's (NYSE: PCG) fourth quarter 2010 regular cash dividend of 45.5 cents per share on the Corporation's common stock will be payable on January 15, 2011 to shareholders of record on December 31, 2010.

PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company's dividends on all outstanding shares of preferred stock for the three months ending January 31, 2011 will be payable on February 15, 2011, to shareholders of record on January 31, 2011.

In order to be considered a shareholder of record for the common and preferred dividend payments, you must have purchased the stock at least three trading days before the applicable record date.

Pacific Gas and Electric Company will pay dividends on its eight series of preferred stock as follows:

First Preferred
Stock, $25
Par Value
Quarterly Dividend
to be Paid
Per Share
Redeemable  
5.00% $0.31250
5.00% Series A $0.31250
4.80% $0.30000
4.50% $0.28125
4.36% $0.27250
Non-Redeemable  
6.00% $0.37500
5.50% $0.34375
5.00% $0.31250
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Shareholder Information

EQ Shareowner Services
Transfer Agent
1-888-489-4689

PG&E Shareholder Services
1-415-973-8200
CorporateSecretary@pge.com

Investor Relations Contact Info

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

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