WEBCAST ALERT: PG&E CORPORATION TO ANNOUNCE FIRST QUARTER 2005 EARNINGS ON MAY 4, 2005

San Francisco, April 20, 2005 / PRN Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will discuss First Quarter 2005 Earnings live over the Internet on Wednesday, May 4, 2005 at 1:00 p.m. EDT. The presentation will be available via webcast at http://www.42chongdong.com/investors/investor_info/conference/index.shtml.

If you are unable to participate during the live webcast, the call will be archived at http://www.pge.corp.com/. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9:00 p.m. EDT, May 11 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 $34.5 billion, its operations include electric generation, natural gas and electric transmission, and electric and gas distribution. It is the parent company of Pacific Gas and Electric Company.

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