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Dr. Richard Meserve Joins PG&E Corp. And Pacific Gas And Electric Company Boards Of Directors

12/20/2006

(San Francisco) – PG&E Corporation (NYSE: PCG) today announced the election of Dr. Richard A. Meserve to its Board of Directors and the Board of Directors of utility unit Pacific Gas and Electric Company, effective immediately.

With more than 30 years of experience in the legal, scientific and energy communities, Meserve, former Chairman of the U.S. Nuclear Regulatory Commission (NRC), is president of the Carnegie Institution, a Washington-based nonprofit organization dedicated to research of biology, earth sciences and astronomy, and is Senior Of Counsel to the law firm of Covington & Burling.

“Dick’s distinguished background and experience, and his knowledge of our industry, make him an excellent addition to our Boards,” said PG&E Corporation Chairman, CEO and President Peter A. Darbee. “We look forward to his contributions.”

As Chairman of the NRC, Meserve was the principal government official with responsibility for regulating nuclear power plants and the use of nuclear materials. Appointed by President Clinton in 1999, Meserve remained in that position for the first two years of the Bush administration and played a key role in post-9/11 policy formulation and implementation.

Meserve is currently chairman of the International Nuclear Safety Group of the International Atomic Energy Agency, and of the Nuclear and Radiation Studies Board of the National Academies of Sciences and Engineering. He is a member of the National Commission on Energy Policy; the National Academies Science, Technology and Law Panel; the National Academies Committee on Science, Engineering and Public Policy; and the MIT Department of Nuclear Engineering Visiting Committee. Meserve also serves on the boards of directors of Universities Research Association, Inc. and the Foundation for Nuclear Studies.

Previously, Meserve served as legal counsel to President Carter’s science and technology advisor, and was a law clerk to Justice Harry A. Blackmun of the United States Supreme Court and to Judge Benjamin Kaplan of the Massachusetts Supreme Judicial Court.

Meserve received his Ph.D. in applied physics from Stanford University, his J.D. (magna cum laude) from Harvard Law School where he was an editor of the Law Review, and his B.A. (magna cum laude) from Tufts University.

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