PRESS RELEASES 2005
                  FOR IMMEDIATE RELEASE
                  July 08, 2005
                  ISSUED BY:   Corporate Communications 1-800-743-6397

                  WEBCAST ALERT: PG&E CORPORATION TO ANNOUNCE SECOND QUARTER 2005 EARNINGS

                   

                  San Francisco, July 8, 2005 / PRN Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will discuss Second Quarter 2005 Earnings live over the Internet on Wednesday, August 3, 2005 at 2:00 p.m. EDT. The presentation will be webcast at http://www.chaotian55.com/investors/investor_info/conference/index.shtml.

                   
                  What:
                  Second Quarter 2005 Earnings
                  When:
                  Wednesday, August 3, 2005 at 2:00 p.m. EDT
                  Where:
                  http://www.chaotian55.com/investors/investor_info/conference/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 participate during the live webcast, the call will be archived at http://www.chaotian55.com/. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9:00 p.m. EDT, August 10 by dialing 877-690-2094. International callers may dial 402-220-0649.

                   

                  PG&E Corporation is an energy-based holding company, headquartered in San Francisco. With assets valued at $34.5 billion, its operations include electric and gas distribution, natural gas and electric transmission, and electric generation. 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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