PRESS RELEASES 2004
                  FOR IMMEDIATE RELEASE
                  May 10, 2004
                  ISSUED BY:   PG&E News Department (415) 973-5930
                  WEBCAST ALERT: PG&E CORPORATION'S PETER DARBEE AND PACIFIC GAS AND ELECTRIC COMPANY'S GORDON SMITH TO PARTICIPATE IN PANEL DISCUSSIONS AT GOLDMAN SACHS POWER AND UTILITY CONFERENCE
                   
                  San Francisco, May 10, 2004 /PRNewswire-FirstCall/ -- Peter Darbee, Senior Vice President and CFO of PG&E Corporation (NYSE: PCG) and Gordon Smith, President and CEO of Pacific Gas and Electric Company will participate in panel discussions at the Goldman Sachs Power and Utility Conference in Las Vegas on Thursday, May 13, 2004 at 12:45 p.m. and 1:45 p.m. EDT respectively. Both panel discussions will be available via webcast
                   
                  Who:
                  Peter Darbee, Senior Vice President and CFO, PG&E Corporation
                  Gordon Smith, President and CEO, Pacific Gas and Electric Company
                  What:
                  Panel Discussions at the Goldman Sachs Power and Utility Conference
                  When:
                  Thursday, May 13, 2004
                  (Peter Darbee) 12:45 p.m. EDT
                  (Gordon Smith) 1:45 p.m. EDT
                  Where:
                  http://www.chaotian55.com/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.chaotian55.com/investors/investor_info/presentations/index.shtml for 12 months.
                   
                  PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. With assets valued at $30 billion, 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.


                   

                  Copyright © 2004 - PG&E Corporation. All Rights Reserved . feedback . privacy policy
                  ոҹҹ