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Dates Set For Quarterly Stock Dividends

02/17/2011

(San Francisco)—PG&E Corporation's (NYSE: PCG) first quarter 2011 cash dividend of 45.5 cents per share on the Corporation's common stock will be payable on April 15, 2011 to shareholders of record on March 31, 2011.

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 April 30, 2011 will be payable on May 15, 2011, to shareholders of record on April 29, 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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