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The document announces the annual shareholder meetings for PG&E Corporation and Pacific Gas and Electric Company to be held jointly on April 20, 2005, with the purposes of electing directors, ratifying independent public accountants, voting on shareholder proposals, and any other business matters. Shareholders are invited to attend and vote on these matters, and are provided instructions for submitting proxy votes by internet, phone or mail in advance of the meetings. The boards of directors recommend voting for all director nominees, ratifying the appointment of Deloitte & Touche LLP as independent public accountants, and voting against the shareholder proposals.

























































