PRESS RELEASES 2004
                  FOR IMMEDIATE RELEASE
                  October 20, 2004
                  ISSUED BY:   PG&E News Department (415) 973-5930
                  WEBCAST ALERT: PG&E CORPORATIONíS ROBERT D. GLYNN, JR. TO SPEAK AT THE 39TH ANNUAL EEI FINANCIAL CONFERENCE
                   
                  San Francisco, October 20, 2004 /PRNewswire-FirstCall/ -- Robert D. Glynn, Jr., Chairman, CEO and President of PG&E Corporation (NYSE: PCG) will speak at the EEI Financial Conference in San Diego, CA on Tuesday, October 26, 2004 at 12:45 p.m. EDT. Mr. Glynn’s presentation will be available via webcast at http://www.chaotian55.com.
                   
                  Who:
                  Robert D. Glynn Jr., Chairman, CEO and President, PG&E Corporation
                  What:
                  PG&E Corporation Update
                  When:
                  Tuesday, October 26, 2004, 12:45 p.m. EDT
                  Where:
                  http://www.chaotian55.com
                  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/ 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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