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Webcast Alert: PG&E Corporation’s Christopher P. Johns To Participate In Panel Discussions At Goldman Sachs Sixth Annual Power And Utility Conference

04/27/2006

San Francisco, April 27, 2006 / PRN Newswire – FirstCall/ -- Christopher P. Johns, Senior Vice President and Chief Financial Officer, PG&E Corporation (NYSE: PCG), will participate in panel discussions as noted below at the Goldman Sachs Sixth Annual Power & Utility Conference in Las Vegas, Nevada.

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

Thursday, May 11, 2006, 11:15 a.m. (PDT), “Balancing the Various Interests of Capital Providers Through the Construction Cycle”

Friday, May 12, 2006, 11:15 a.m. (PDT), “Regulated Companies – How to Stimulate Above-Average Growth”

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 participate during the live webcast, the call 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. 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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