PG&E Pledges To Stay Focused On Safety Despite Federal Charges

        PG&E Pledges To Stay Focused On Safety Despite Federal Charges

'Nothing will distract us from our mission of providing customers and their
families with the safest and most reliable natural gas system in the country'

PR Newswire

SAN FRANCISCO, April 1, 2014

SAN FRANCISCO, April 1, 2014 /PRNewswire/ --PG&E Corporation (NYSE: PCG) and
its subsidiary, Pacific Gas and Electric Company, pledged to stay focused on
building the safest and most reliable natural gas system in the country
despite what it expects will be a lengthy legal process to demonstrate that
federal criminal charges filed today have no merit.

The charges were filed by the U.S. Attorney's Office in San Francisco in
connection with the 2010 San Bruno natural gas transmission pipeline accident.
The charges allege that PG&E's past operating practices violated the federal
Pipeline Safety Act in areas such as record keeping, pipeline integrity
management and identification of pipeline threats.

PG&E Chairman and CEO Tony Earley, who was brought in to lead PG&E in 2011
after the San Bruno accident, said: "San Bruno was a tragic accident. We've
taken accountability and are deeply sorry. We have worked hard to do the right
thing for victims, their families and the community, and we will continue to
do so. We want all of our customers and their families to know that nothing
will distract us from our mission of transforming this 100-plus-year-old
system into the safest and most reliable natural gas system in the country."

PG&E believes that its employees did not intentionally violate the federal
Pipeline Safety Act, and that even where mistakes were made, employees were
acting in good faith to provide customers with safe, reliable and affordable
energy.

Progress since San Bruno Accident

Following the San Bruno accident, California adopted new pipeline safety
standards that are among the most rigorous in the nation. PG&E is making
excellent progress toward meeting or exceeding these new standards as well as
toward completing implementation of recommendations by the National
Transportation Safety Board.

Among the actions the company has taken are:

  oCommitted to spend $2.7 billion of shareholder money to fund
    safety-related work
  oCompleted nine of the 12 safety recommendations made by the National
    Transportation Safety Board; of the three remaining recommendations, the
    NTSB considers PG&E's progress "open-acceptable response," which means
    acceptable pending completion
  oOpened a state-of-the art gas control center in August 2013
  oValidated the maximum allowable operating pressure for all 6,750 miles of
    gas transmission pipelines
  oDigitized more than 3.5 million paper records associated with transmission
    lines going back 50 years as part of a program to ensure the accuracy of
    all records and to provide field technicians with electronic access to
    them
  oStrength-tested or validated prior strength testing for 657 miles of
    transmission pipeline
  oReplaced 127 miles of pipeline
  oRetrofitted 268 miles of pipeline to accommodate in-line inspections
  oInstalled 134 automated valves on gas transmission pipelines

In addition, PG&E made structural changes, separating the gas and electric
businesses to ensure an appropriate focus on safety, and brought in a new
management team to run the gas operations business.

The company has settled claims amounting to nearly $500 million with the
victims and families of the San Bruno accident, established a $50 million
trust for the City of San Bruno for costs related to recovery and contributed
$70 million to support the city's and community's recovery efforts.

The 12-count indictment seeks penalties of $500,000 per count.

For additional information and ongoing updates on this issue, please visit
www.PGEresponds.com.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG),
is one of the largest combined natural gas and electric utilities in the
United States. Based in San Francisco, with more than 20,000 employees, the
company delivers some of the nation's cleanest energy to 15 million people in
Northern and Central California. For more information, visit www.pge.com/ and
http://www.pge.com/about/newsroom/.

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SOURCE PG&E Corporation

Website: http://www.pge.com
Contact: Corporate Relations, 77 Beale Street, San Francisco, CA 94105,
415.973.5930, www.pge.com
 
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