EXHIBIT 99.3 April __, 1995 Dear Fellow Shareholder: Some time ago, we mailed you a proxy statement and prospectus and a proxy for the annual shareholders meeting of Tuesday, April 25. Since the company has not yet received your signed proxy, I am enclosing a second proxy with this letter, in the event you have misplaced the first one. We are hoping to have as large a representation of shareholders as possible at the meeting. Therefore, please sign the enclosed proxy and return it in the accompanying prepaid envelope. In this way, you will be assured that your shares will be represented at the shareholders meeting. Please do not hesitate to let me know if you have any questions or comments about the operation of your company. Your interest in San Diego Gas & Electric is always most welcome. Sincerely, Thomas A. Page ---------------------------- IF YOUR PROXY HAS BEEN MAILED NO ACTION IS NECESSARY ON YOUR PART ----------------------------