WEBCAST ALERT: PG&E CORPORATION’S PETER A. DARBEE TO SPEAK AT MERRILL LYNCH POWER AND GAS LEADERS CONFERENCE

(San Francisco) September 18, 2008 / PRN Newswire – FirstCall/ -- Peter A. Darbee, Chairman, CEO and President, PG&E Corporation (NYSE: PCG), will present on a utility panel at the Merrill Lynch Power and Gas Leaders Conference in New York on Tues., Sept. 23, 2008 at 9:15a.m. Eastern Time.

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.