PRESS RELEASES 2007
                  FOR IMMEDIATE RELEASE
                  August 29, 2007
                  ISSUED BY:   Corporate Relations 1-800-743-6397

                  WEBCAST ALERT: PG&E CORPORATION’S CFO TO SPEAK AT THE LEHMAN BROTHERS 2007 CEO ENERGY/POWER CONFERENCE

                   

                  San Francisco, August 29, 2007 / 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 Lehman Brothers 2007 CEO Energy/Power Conference in New York on Wed., Sept. 5, 2007, at 2:25 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 and CFO, PG&E Corporation
                  What:
                  Lehman Brothers 2007 CEO Energy/Power Conference
                  When:

                  Wednesday, September 5, 2007, at 2:25 p.m. EDT

                  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:

                  Corporate Communications 800-743-6397
                  Investor Relations 415-267-7080

                   

                  IIf 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 a Fortune 200 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, California’s largest investor-owned utility. PG&E serves more than 15 million Californians throughout a 70,000 square-mile service area in northern and central California. 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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