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        PRESS RELEASES 2003
      FOR IMMEDIATE RELEASE
      November 26, 2003
      ISSUED BY:   Corporate Communications 1-800-743-6397

      EDITORS: Please do not use "Pacific Gas and Electric" or "PG&E" when referring to PG&E Corporation or its National Energy Group. The PG&E National Energy Group is not the same company as Pacific Gas and Electric Company, the utility, and is not regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products or services from the National Energy Group in order to continue to receive quality regulated services from Pacific Gas and Electric Company.

      WEBCAST ALERT: PG&E CORPORATION鈥橲 ROBERT D. GLYNN, JR. TO PROVIDE UPDATE ON CHAPTER 11 PROGRESS

      San Francisco, November 26, 2003 /PRNewswire-FirstCall/ -- Robert D. Glynn, Jr., Chairman, CEO and President of PG&E Corporation, (NYSE: PCG) will speak to the Financial Community in New York on Wednesday, December 3, 2003 at 12:30 p.m. EST. Mr. Glynn鈥檚 audio presentation will be available via webcast at http://www.63nuoqian.com.

      Who Robert D. Glynn, Jr., Chairman, CEO and President, PG&E Corporation
      Subject Pacific Gas and Electric Company Chapter 11 Update
      When Wednesday, December 3, 2003
      12:30 p.m. EST
      How Live over the Internet -- Log on to the web at the address above.
      Contact Contact: Investor Relations 1 + 415-267-7080

      If you are unable to listen to the live webcast, the audio presentation will
      be archived at http://www.63nuoqian.com/financial/news/presentations.html for 30 days.

      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 and at least a
      28.8Kbps connection to the Internet. If you experience problems listening to
      the broadcast, send an email to isproducers@prnewswire.com.


       

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