San Francisco, August 29, 2005 / PRN Newswire – FirstCall/ -- Christopher P. Johns, Senior Vice President
and Chief Financial Officer of PG&E Corporation (NYSE: PCG), will make a presentation to investors at the
19th Annual Lehman Brothers 2005 CEO Energy/Power Conference in New York on Wednesday, September 7, 2005, at 1:05 p.m. EDT. The presentation will be webcast at http://www.pgecorp.com/investors/investor_info/ presentations/index.shtml.

If you are unable to participate during the live webcast, the call will be archived at http://www.pge.corp.com/investor_info/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 $34.5 billion, its operations include electric generation, natural gas and electric transmission, and electric and gas 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.