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Dates Set For Quarterly Stock Dividends

12/21/2011

PG&E Corporation (NYSE: PCG) today declared its fourth quarter 2011 regular cash dividend of 45.5 cents per share on the Corporation's common stock. The dividend is payable on January 15, 2012 to shareholders of record on December 30, 2011.

In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company, today declared the regular preferred stock dividend for the three-month period ending January 31, 2012 to be payable on February 15, 2012, to shareholders of record on January 31, 2012.

Pacific Gas and Electric Company will pay dividends on its eight series of preferred stock as follows:

First Preferred
Stock, $25
Par Value
Quarterly Dividend
to be Paid
Per Share
Redeemable  
5.00% $0.31250
5.00% Series A $0.31250
4.80% $0.30000
4.50% $0.28125
4.36% $0.27250
Non-Redeemable  
6.00% $0.37500
5.50% $0.34375
5.00% $0.31250

In order to be considered a shareholder of record for the common or preferred dividend payment, you must have purchased the stock at least three trading days before the applicable record date.

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