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Webcast Alert: PG&E Corporation’s Cfo Christopher P. Johns To Speak At The 20Th Annual Lehman Brothers 2006 Ceo Energy/Power Conference

08/29/2006

San Francisco, August 29, 2006 / 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 20th Annual Lehman Brothers 2006 CEO Energy/Power Conference in New York on Wednesday, September 6, 2006, at 4:25 p.m. EDT. The presentation will be webcast at http://www.pgecorp.com/investors/investor_info/presentations/index.shtml.

Who: Christopher P. Johns, Senior Vice President, Chief Financial Officer and Treasurer
What:

Lehman Brothers 20th Annual 2006 CEO Energy/Power Conference

When: Wednesday, September 6, 2006, at 4:25 p.m. EDT
How: Live over the Internet – log on to the web at the address above.
Contact: Investor Relations 415-267-7080

If you are unable to participate during the live webcast, the presentation will be archived at http://www.pgecorp.com for 12 months.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco. With assets valued at $34 billion, its operations include electric and gas distribution, natural gas and electric transmission, and electric generation. It is the parent company of Pacific Gas and Electric Company. For more information, visit the web site at http://www.pgecorp.com.

Minimum Requirements to listen to broadcast:

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

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Shareholder Information

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Investor Relations Contact Info

invrel@pge-corp.com

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