PRESS RELEASES 2004
                  FOR IMMEDIATE RELEASE
                  September 17, 2004
                  ISSUED BY:   PG&E News Department (415) 973-5930
                  WEBCAST ALERT: PG&E CORPORATION’S ROBERT D. GLYNN, JR. TO SPEAK AT THE BANC OF AMERICA SECURITIES 34TH ANNUAL INVESTMENT CONFERENCE
                   
                  San Francisco, September 17, 2004 /PRNewswire-FirstCall/ -- Robert D. Glynn, Jr., Chairman, CEO and President of PG&E Corporation (NYSE: PCG) will speak at the Banc of America Securities 34th Annual Investment Conference in San Francisco on Tuesday, September 21, 2004 at 3:00 p.m. PDT/ 6:00 p.m. EDT. Mr. Glynn’s presentation will be available via webcast at http://www.chaotian55.com/investors/investor_info/presentations/index.shtml
                   
                  Who:
                  Robert D. Glynn, Jr., Chairman, CEO and President, PG&E Corporation
                  What:
                  PG&E Corporation Update - "Delivering Value"
                  When:
                  Tuesday, September 21, 2004, 3:00 p.m. PDT/ 6:00 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 $29 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.


                   

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