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PG&E Corporation Names Hyun Park Senior Vice President And General Counsel

11/13/2006

(San Francisco) – PG&E Corporation (NYSE: PCG) announced the election of Hyun Park, 45, as Senior Vice President and General Counsel, effective today, November 13, 2006. Park succeeds Bruce R. Worthington, who had served as PG&E Corporation Senior Vice President and General Counsel since 1997.

In his new position, Park will be responsible for leading and directing the legal function for PG&E Corporation and its businesses, including its principal subsidiary, Pacific Gas and Electric Company. Park’s major responsibilities will include oversight of corporate governance, all regulatory and securities law compliance, litigation strategy, and all legal matters related to significant corporate transactions.

“With his talent, expertise in the industry, and excellent record of accomplishment, Hyun Park is an outstanding addition to our team and an asset who will help us advance our strategy and vision to establish PG&E as the nation’s leading utility,” said Peter A. Darbee, PG&E Corporation Chairman, CEO and President. “We are pleased to welcome him.”

Park joins PG&E Corporation from Allegheny Energy, Inc., in Greensburg, PA, where he was Vice President, General Counsel and Secretary. He previously served as Senior Vice President, General Counsel, and Secretary of Sithe Energies, Inc., in New York, NY. Park was also a partner with the law firm of Latham & Watkins, where he specialized in corporate transactions and finance.

Park is a graduate of Harvard Law School. He also holds a graduate degree in economics from Oxford University and a bachelor’s degree in economics from Columbia College. He is a member of the State Bar of California.

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