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      PRESS RELEASES 2005
    FOR IMMEDIATE RELEASE
    February 22, 2005
    ISSUED BY:   Corporate Communications 1-800-743-6397

    WEBCAST ALERT: PG&E CORPORATION TO HOST INVESTOR CONFERENCE WITH SENIOR MANAGEMENT

     
    San Francisco, February 22, 2005 /PRNewswire-FirstCall/ -- Senior Management from PG&E Corporation (NYSE: PCG) will speak at an investor conference hosted by the company in New York on Friday, February 25, 2005 at 8:00 a.m. EST. The presentation will be available via webcast at http://www.gengcan.site/investors/investor_info/presentations/index.shtml.
     
    Who:
    Peter Darbee, President and CEO, PG&E Corporation
    Gordon Smith, President and CEO, Pacific Gas and Electric Co.
    Tom King, EVP and Chief of Utility Operations, Pacific Gas and Electric Co.
    Chris Johns, SVP and CFO, PG&E Corporation
    Kent Harvey, SVP, CFO and Treasurer, Pacific Gas and Electric Co.
    What:
    PG&E Corporation Update- “A Value Opportunity”
    When:
    Friday, February 25, 2005, 8:00 a.m. EST
    Where:
    http://www.gengcan.site/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 listen to the live webcast, the presentation will
    be archived at http://www.gengcan.site/investors/investor_info/presentations/index.shtml for 12 months.
     

    PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. Its operations include electric generation, natural gas and electric transmission, and utility 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/EN/default.asp Link%20will%20spawn%20new%20window and at least a 28.8Kbps connection to the Internet.


     

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