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        PRESS RELEASES 2004
      FOR IMMEDIATE RELEASE
      September 01, 2004
      ISSUED BY:   PG&E News Department (415) 973-5930
      WEBCAST ALERT: PG&E CORPORATION'S PETER DARBEE TO SPEAK AT THE LEHMAN BROTHERS CEO ENERGY/POWER CONFERENCE
       
      San Francisco, September 1, 2004 /PRNewswire-FirstCall/ -- Peter Darbee, Senior Vice President and CFO of PG&E Corporation (NYSE: PCG) will speak at the Lehman Brothers CEO Energy/ Power Conference in New York on Tuesday, September 7, 2004 at 1:05 p.m. EDT. Mr. Darbee's presentation will be available via webcast at http://www.42chongdong.com/financial/news/presentations.html.
       
      Who:
      Peter Darbee, Senior Vice President and CFO, PG&E Corporation
      What:
      PG&E Corporation Update - "Delivering Value"
      When:
      Tuesday, September 7, 2004, 1:05 p.m. EDT
      Where:
      http://www.42chongdong.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 listen to the live webcast, the presentation will
      be archived at http://www.42chongdong.com/investors/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 $29 billion, its operations include electric generation, natural gas and electric transmission, and utility 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/EN/default.asp Link%20will%20spawn%20new%20window and at least a 28.8Kbps connection to the Internet.


       

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