PRESS RELEASES 2006
                  FOR IMMEDIATE RELEASE
                  March 08, 2006
                  ISSUED BY:   Corporate Communications 1-800-743-6397

                  WEBCAST ALERT: PG&E’S CHRISTOPHER P. JOHNS TO SPEAK AT THE MORGAN STANLEY 13TH ANNUAL GLOBAL ELECTRICITY & ENERGY CONFERENCE

                   

                  San Francisco, March 8, 2006 / PRN Newswire – FirstCall/ -- Christopher P. Johns, Senior Vice President and Chief Financial Officer, PG&E Corporation (NYSE: PCG), will speak at the Morgan Stanley 13th Annual Global Electricity & Energy Conference in New York and provide an overview of the company’s future outlook. The presentation will be webcast at http://www.chaotian55.com/investors/investor_info/presentations/index.shtml.

                   
                  Who:
                  Christopher P. Johns, Senior Vice President, Chief Financial Officer and Treasurer
                  When:

                  Wednesday, March 15, 2006, 4:15 p.m. EST

                  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 participate during the live webcast, the call will be archived at http://www.pge.corp.com/investor_info/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 $34.5 billion, its operations include electric generation, natural gas and electric transmission, and electric and gas 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/default.mspx Link%20will%20spawn%20new%20window and at least a 28.8Kbps connection to the Internet.


                   

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