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Webcast Alert: PG&E Corporation's Peter Darbee To Speak At The Lehman Brothers Ceo Energy/Power Conference

09/01/2004

San Francisco, September 1, 2004 /PRNewswire-FirstCall/ -- Peter Darbee, Senior Vice President and CFO of PG&E Corporation (NYSE: PCG) will speak at the Lehman Brothers CEO Energy/ Power Conference in New York on Tuesday, September 7, 2004 at 1:05 p.m. EDT. Mr. Darbee's presentation will be available via webcast at http://www.pgecorp.com/financial/news/presentations.html.

Who:

Peter Darbee, Senior Vice President and CFO, PG&E Corporation

What:

PG&E Corporation Update - "Delivering Value"

When:

Tuesday, September 7, 2004, 1:05 p.m. EDT

Where:

http://www.pgecorp.com/investors/investor_info/presentations/index.shtml

How:

Live over the Internet -- log on to the web at the address above.

Contact:

Investor Relations 1 + 415-267-7080

If you are unable to listen to the live webcast, the presentation will
be archived at http://www.pgecorp.com/investors/investor_info/presentations/index.shtml for 12 months.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. With assets valued at $29 billion, its operations include electric generation, natural gas and electric transmission, and utility distribution. It is the parent company of Pacific Gas and Electric Company.

Minimum Requirements to listen to broadcast:

The Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/EN/default.asp and at least a 28.8Kbps connection to the Internet.

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Shareholder Information

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

PG&E Shareholder Services
CorporateSecretary@pge.com

Investor Relations Contact Info

invrel@pge-corp.com

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