PRESS RELEASES 2007
                  FOR IMMEDIATE RELEASE
                  May 23, 2007
                  ISSUED BY:   Corporate Communications 1-800-743-6397

                  WEBCAST ALERT: PG&E CORPORATION’S PETER A. DARBEE TO SPEAK AT SANFORD C. BERNSTEIN’S 23 RD ANNUAL STRATEGIC DECISIONS CONFERENCE

                   

                  San Francisco, May 23, 2007/ PR Newswire ?FirstCall/ -- Peter A. Darbee, Chairman, CEO, and President, PG&E Corporation (NYSE: PCG), will speak at Sanford C. Bernstein’s 23rd Annual Strategic Decisions Conference in New York on Wednesday, May 30, at 2:00 p.m. EDT. The presentation will be webcast at http://www.chaotian55.com/investors/investor_info/presentations/index.shtml.

                   
                  Who:
                  Peter A. Darbee, Chairman, CEO, and President, PG&E Corporation
                  What:
                  Sanford C. Bernstein’s 23rd Annual Strategic Decisions Conference
                  When:

                  Wednesday, May 30, 2007 at 2:00 p.m. EDT

                  How:
                  Live over the Internet -- log on to the web at the address above.
                  Contact:

                  Corporate Communications 800-743-6397
                  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, California. 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.

                   
                  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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