AES CORP — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2010-12-31

Reporting Person: Vesey Andrew (EVP & Regional Pres L.A.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-31	Common Stock	M	4977	—	Acquired	10973	Direct
2010-12-31	Common Stock	F	1731	$12.18	Disposed	9242	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-31	Restricted Stock Units	$	M	4977	Disposed		Common Stock (4977)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14261	Indirect

Footnotes

F1: Each restricted stock unit was the economic equivalent of one share of AES Common Stock.

F2: Between February 18, 2010 and December 31, 2010, the reporting person acquired 963 additional shares of AES Common Stock pursuant to The AES Retirement Savings Plan. The information in this report is based on a plan statement dated December 31, 2010.

F3: December 31, 2010.