AES CORP — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2009-12-31

Reporting Person: HANRAHAN PAUL T (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-31	Common Stock	M	73616	—	Acquired	240648	Direct
2009-12-31	Common Stock	F	23558	$13.31	Disposed	217090	Direct
2009-12-31	Common Stock	A	1386	$11.22	Acquired	51278	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Restricted Stock Units	$	M	73616	Disposed	2009-12-31	Common Stock (73616)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	110	Indirect

Footnotes

F1: Each restricted stock unit represented a contingent right to recieve one share of AES Common Stock.

F2: Based upon the the latest plan statement dated 12/31/2009, the reporting person acquired 1,386 additional shares of AES Common Stock at an average price of $11.22 pursuant to The AES Retirement Savings Plan.