PRESS RELEASES 2006
                  FOR IMMEDIATE RELEASE
                  August 29, 2006
                  ISSUED BY:   Corporate Communications 1-800-743-6397

                  WEBCAST ALERT: PG&E CORPORATION’S CFO CHRISTOPHER P. JOHNS TO SPEAK AT THE 20TH ANNUAL LEHMAN BROTHERS 2006 CEO ENERGY/POWER CONFERENCE

                   

                  San Francisco, August 29, 2006 / PRN Newswire – FirstCall/ --Christopher P. Johns, Senior Vice President and Chief Financial Officer of PG&E Corporation (NYSE: PCG), will make a presentation to investors at the 20th Annual Lehman Brothers 2006 CEO Energy/Power Conference in New York on Wednesday, September 6, 2006, at 4:25 p.m. EDT. 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
                  What:

                  Lehman Brothers 20th Annual 2006 CEO Energy/Power Conference

                  When:
                  Wednesday, September 6, 2006, at 4:25 p.m. EDT
                  How:
                  Live over the Internet – log on to the web at the address above.
                  Contact:
                  Investor Relations 415-267-7080
                   

                  If you are unable to participate during the live webcast, the presentation will be archived at http://www.chaotian55.com for 12 months.

                   
                   

                  PG&E Corporation is an energy-based holding company, headquartered in San Francisco. With assets valued at $34 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. For more information, visit the web site at http://www.chaotian55.com.

                   
                  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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