Sempra Energy Announces Final Results of Self-Tender Offer


Media Contact:
Doug Kline
Sempra Energy
877-866-2066
www.sempra.com

Analyst Contact:
Clem Teng
Sempra Energy
877-736-7727


SAN DIEGO, March 6, 2000 -- Sempra Energy (NYSE: SRE) today announced
the final results of its Dutch Auction self-tender offer, which expired
Feb. 25, 2000. Based on the  final count by First Chicago Trust Company
of New York, the depositary for the offer, Sempra Energy accepted for
purchase 36,142,340 shares of its common stock at a price of $20.00 per
share. According to the depositary, approximately 40.9 million shares
were properly tendered and not withdrawn at prices at or below $20.00
per share. Sempra Energy has been informed by the depositary that the
final proration factor for the offer was 89.3 percent.

Sempra Energy commenced the self-tender offer for up to 36 million
shares of its common stock on Jan. 26, 2000. As permitted by applicable
rules, Sempra Energy increased its offer to purchase 142,340 additional
shares from shareholders who tendered shares in the offer and held
fewer than 100 shares following proration.

Payment for the shares accepted in the offer and return of the shares
not accepted for purchase will be made promptly by First Chicago Trust
Company of New York.
Following the purchase of the shares through the tender offer, Sempra
Energy now has approximately 204 million shares of common stock
outstanding. The dealer manager for the offer was Goldman, Sachs & Co.
The information agent was D.F. King & Co., Inc.

Sempra Energy, based in San Diego, is a Fortune 500 energy services
holding company with 12,000 employees and annual revenues of $5.5
billion. Through its seven principal subsidiaries -- Southern
California Gas Company, San Diego Gas & Electric, Sempra Energy
Solutions, Sempra Energy Trading, Sempra Energy International, Sempra
Energy Resources and Sempra Energy Financial -- Sempra Energy serves 9
million customers in the United States, Europe, Canada, Mexico, and
South America.