San Francisco, March 8, 2006 / PRN Newswire – FirstCall/ -- Christopher P. Johns, Senior Vice President and Chief Financial Officer, PG&E Corporation (NYSE: PCG), will speak at the Morgan Stanley 13th Annual Global Electricity & Energy Conference in New York and provide an overview of the company’s future outlook. 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/default.mspx and at least a 28.8Kbps connection to the Internet.