December 17, 2008
ISSUED BY:   PG&E Corporation, 1-800-743-6397


Mistry Changes Vice President Responsibilities and Yura Promoted to Vice President

(SAN FRANCISCO) – PG&E Corporation (NYSE: PCG) today announced that its board of directors has elected Dinyar Mistry as vice president, Internal Audit. In addition, the board of directors of PG&E Corporation’s utility unit, Pacific Gas and Electric Company, has elected Jane Yura as vice president, Regulation and Rates, for the utility.

“Because we have a strong leadership team in place, we are able to draw on the expertise of these two talented individuals,” said Peter Darbee, PG&E Corporation Chairman, CEO and President. “Dinyar and Jane each bring a wealth of experience and knowledge to their new positions.”

Mistry will be responsible for assessing processes and controls the company uses to manage business risks and providing systems for PG&E ’s compliance with legal and regulatory requirements.

Mistry joined Pacific Gas and Electric Company in 1994 and has held positions of increasing responsibility in the Finance and Regulation organizations at both the utility and PG&E Corporation. He has served as vice president and controller of Pacific Gas and Electric Company and, most recently, as vice president, Regulation and Rates. Before joining the utility, Mistry was a senior manager at KPMG Peat Marwick.

Yura will be responsible for Pacific Gas and Electric Company’s role in all state-jurisdictional revenue requirement issues and all tariff and rates issues.

Yura has more than 30 years of experience in various positions at Pacific Gas and Electric Company. She has served as an engineer in the utility’s Gas Design and Distribution systems, a division manager in its Distribution and Customer Services organization, and most recently as a senior director in the Analysis and Rates organization.

Both appointments are effective January 1, 2009.