PRESS RELEASES 2005
                FOR IMMEDIATE RELEASE
                March 07, 2005
                ISSUED BY:   Corporate Communications 1-800-743-6397

                WEBCAST ALERT: PG&E CORPORATION'S PETER A. DARBEE TO SPEAK AT THE MORGAN STANLEY 12TH ANNUAL GLOBAL ELECTRICITY & ENERGY CONFERENCE

                 
                SAN FRANCISCO, March 7 /PRNewswire-FirstCall/ -- Peter A. Darbee, President and CEO, PG&E Corporation (NYSE: PCG) will provide a company update at Morgan Stanley's 12th Annual Global Electricity & Energy conference in New York on Thursday, March 10, 2005 at 8:50 a.m. EST. The presentation will be available via webcast at http://www.shike35.icu/investors/investor_info/presentations/index.shtml.
                 
                Who:
                Peter Darbee, President and CEO, PG&E Corporation
                What:
                PCG: A Value Opportunity.
                When:
                Thursday, March 10, 2005 at 8:50 a.m. EST
                Where:
                http://www.shike35.icu/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.shike35.icu/investors/investor_info/presentations/index.shtml for 12 months.
                 

                PG&E Corporation is an energy-based holding company, headquartered in San Francisco, California. 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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