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        PRESS RELEASES 2004
      FOR IMMEDIATE RELEASE
      October 20, 2004
      ISSUED BY:   PG&E News Department (415) 973-5930
      WEBCAST ALERT: PG&E CORPORATION TO ANNOUNCE THIRD QUARTER 2004 EARNINGS
       
      San Francisco, October 20, 2004 /PRNewswire-FirstCall/ -- PG&E Corporation (NYSE: PCG) will discuss Third Quarter 2004 Earnings live over the Internet on Tuesday, November 2, 2004 at 9:00 a.m. EST.
       
      What:
      Third Quarter 2004 Earnings
      When:
      Tuesday, November 2, 2004, 9:00 a.m. EST
      Where:
      http://www.42chongdong.com/investors/investor_info/conference/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 participate during the live webcast, the call will be archived at http://www.42chongdong.com/. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9:00 p.m. EST, November 9 by dialing 877.690.2095. International callers may dial 402.220.0650.

       
      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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