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Dates Set For Quarterly Stock Dividends

06/15/2011

(San Francisco)—PG&E Corporation (NYSE: PCG) today declared its second quarter 2011 regular cash dividend of 45.5 cents per share on the Corporation's common stock. The dividend is payable on July 15, 2011, to shareholders of record on June 30, 2011.

In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company, today declared the regular preferred stock dividend for the three-month period ending July 31, 2011 to be payable on August 15, 2011, to shareholders of record on July 29, 2011.

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

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

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