AES CORP — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2010-12-20

Reporting Person: Woodruff Mark (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-20	Common Stock	M	7487	$2.83	Acquired	19711	Direct
2010-12-20	Common Stock	S	7487	$11.74	Disposed	12224	Direct
2010-12-20	Common Stock	M	15555	$8.97	Acquired	27779	Direct
2010-12-20	Common Stock	S	15555	$11.74	Disposed	12224	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-20	Stock Option (Right to Buy)	$2.83	M	7487	Disposed	2013-05-01	Common Stock (7487)	Direct
2010-12-20	Stock Option (Right to Buy)	$8.97	M	15555	Disposed	2014-02-04	Common Stock (15555)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	45381	Indirect

Footnotes

F1: Immediately exercisable.