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Pacific Gas And Electric Company Responds To State Senatecommittee; It Did Not Have Any Business Relationships With Perot Systems

06/20/2002

SAN FRANCISCO - Pacific Gas and Electric Company today informed the California State Senate Select Committee to Investigate Price Manipulation of the Wholesale Energy Market that it did not have any contracts or other business relationships with Perot Systems.

The Committee asked California's investor-owned electric utilities and other energy providers to indicate any business relationships and contacts with Perot Systems. Last week, PG&E provided responses to the Committee's earlier inquiry relating to trading practices. In that response, the utility told the Committee that it did not engage in any Enron-style trading activities.

A copy of Pacific Gas and Electric Company's letter to Senator Dunn is available on the utility's website at www.pge.com.

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