PRESS RELEASES 2003
                  FOR IMMEDIATE RELEASE
                  November 26, 2003
                  ISSUED BY:   Corporate Communications 1-800-743-6397

                  EDITORS: Please do not use "Pacific Gas and Electric" or "PG&E" when referring to PG&E Corporation or its National Energy Group. The PG&E National Energy Group is not the same company as Pacific Gas and Electric Company, the utility, and is not regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products or services from the National Energy Group in order to continue to receive quality regulated services from Pacific Gas and Electric Company.

                  WEBCAST ALERT: PG&E CORPORATION’S ROBERT D. GLYNN, JR. TO PROVIDE UPDATE ON CHAPTER 11 PROGRESS

                  San Francisco, November 26, 2003 /PRNewswire-FirstCall/ -- Robert D. Glynn, Jr., Chairman, CEO and President of PG&E Corporation, (NYSE: PCG) will speak to the Financial Community in New York on Wednesday, December 3, 2003 at 12:30 p.m. EST. Mr. Glynn’s audio presentation will be available via webcast at http://www.chaotian55.com.

                  Who Robert D. Glynn, Jr., Chairman, CEO and President, PG&E Corporation
                  Subject Pacific Gas and Electric Company Chapter 11 Update
                  When Wednesday, December 3, 2003
                  12:30 p.m. EST
                  How Live over the Internet -- Log on to the web at the address above.
                  Contact Contact: Investor Relations 1 + 415-267-7080

                  If you are unable to listen to the live webcast, the audio presentation will
                  be archived at http://www.chaotian55.com/financial/news/presentations.html for 30 days.

                  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 and at least a
                  28.8Kbps connection to the Internet. If you experience problems listening to
                  the broadcast, send an email to isproducers@prnewswire.com.


                   

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