PRESS RELEASES 2008
                  FOR IMMEDIATE RELEASE
                  October 02, 2008
                  ISSUED BY:   Corporate Relations 1-800-743-6397

                  WEBCAST ALERT: PG&E CORPORATION ANNOUNCES THIRD QUARTER 2008 EARNINGS RELEASE AND CONFERENCE CALL

                   

                  (San Francisco) October 2, 2008 / PR Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will hold a conference call for members of the financial community on November 6 at 11:30 a.m. Eastern Time to discuss its third quarter 2008 earnings results. The public can access the conference call via a simultaneous webcast. The link is provided below and will also be available from the PG&E Corporation website.

                   
                  What:
                  Third Quarter 2008 Earnings
                  When:

                  November 6, 2008 at 11:30 a.m. Eastern Daylight Time

                  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:

                  Corporate Relations 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/investors/investor_info/conference/index.shtml for 12 months.

                   

                  PG&E Corporation is a Fortune 200 energy-based holding company, headquartered in San Francisco. With assets valued at $36 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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