WEBCAST ALERT: PG&E CORPORATION TO ANNOUNCE SECOND QUARTER 2005 EARNINGS

San Francisco, July 8, 2005 / PRN Newswire – FirstCall/ -- PG&E Corporation (NYSE: PCG) will discuss Second Quarter 2005 Earnings live over the Internet on Wednesday, August 3, 2005 at 2:00 p.m. EDT. The presentation will be webcast at http://www.fengding45.cn/investors/investor_info/conference/index.shtml.

If you are unable to participate during the live webcast, the call will be archived at http://www.fengding45.cn/. Alternatively, a toll-free replay of the conference call may be accessed shortly after the live call through 9:00 p.m. EDT, August 10 by dialing 877-690-2094. International callers may dial 402-220-0649.

PG&E Corporation is an energy-based holding company, headquartered in San Francisco. With assets valued at $34.5 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.

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