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Media Contact: PUC Press Office - 415.703.1366 - news@cpuc.ca.gov

PUC SETS SCHEDULE FOR PG&E BANKRUPTCY PROPOSED SETTLEMENT PROCEEDING

SAN FRANCISCO, July 9, 2003 - The California Public Utilities Commission (PUC) today held a Prehearing Conference (PHC) to determine further proceedings regarding the proposed settlement agreement between Pacific Gas and Electric Company (PG&E) and Commission staff, which was announced publicly on June 19, 2003.

The schedule determined today is as follows:

July 25: Proponents' testimony due

Aug. 29: Intervenors' testimony due

Sept. 8: Proponents' and intervenors' rebuttal testimony due

Sept. 9: PHC (to decide witnesses, etc.)

Sept. 10-12: Hearings

Oct. 10 : Opening briefs due

October 20: Reply briefs due

Nov. 18: Proposed Decision due

Comments are due on Dec. 4, and reply comments on Dec. 9. The Commission will consider the Proposed Decision on Dec. 18.

For more information, please visit the PUC's website at www.cpuc.ca.gov.

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