pg & e crop 2004 Proxy Statement

- PG&E Corporation and Pacific Gas and Electric Company will hold their annual shareholder meetings concurrently on April 21, 2004 in San Francisco. - Shareholders will vote on the election of directors and the ratification of the appointment of Deloitte & Touche LLP as the independent public accountants. - PG&E Corporation shareholders will also vote on six shareholder proposals, which the board recommends voting against.