WEBCAST ALERT: PG&E CORPORATION ANNOUNCES THIRD QUARTER 2008 EARNINGS RELEASE AND CONFERENCE CALL

(San Francisco) October 2, 2008 / PR Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will hold a conference call for members of the financial community on November 6 at 11:30 a.m. Eastern Time to discuss its third quarter 2008 earnings results. The public can access the conference call via a simultaneous webcast. The link is provided below and will also be available from the PG&E Corporation website.

IIf you are unable to participate during the live webcast, the presentation will be archived at http://www.pgecorp.com/investors/investor_info/conference/index.shtml for 12 months.

PG&E Corporation is a Fortune 200 energy-based holding company, headquartered in San Francisco. With assets valued at $36 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, California’s largest investor-owned utility. PG&E serves more than 15 million Californians throughout a 70,000 square-mile service area in northern and central California. 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.