How can exception handling in postges

RAISE EXCEPTION is used for exceptions in PostgreSQL, below is an example

INSERT INTO mytab(firstname, lastname) VALUES('Tom', 'Jones');
BEGIN
    UPDATE mytab SET firstname = 'Joe' WHERE lastname = 'Jones';
    x := x + 1;
    y := x / 0;
EXCEPTION
    WHEN division_by_zero THEN
        RAISE NOTICE 'caught division_by_zero';
        RETURN x;
END;