AES CORP — Director's Dealing 2011

Dec 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2011-12-09

Reporting Person: Zhang Guobao (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-09	Director Deferred Units	$	A	7993	Acquired		Common Stock (7993)	Direct

Footnotes

F1: Pursuant to The AES Corporation 2003 Long Term Compensation Plan, as Amended, Non Employee Directors may elect to defer receipt of annual cash compensation otherwise payable to such Director in the form of stock units on the day that the Non Employee Director is elected to the Board of Directors for the plan year for which a stock unit election is made or on a date determined by the Board of Directors. A Non Employee Director is not eligible to receive a distribution from his/her deferred account until such Director ceases to be a Board member. This distribution will be made as soon as practicable after the date the Director terminates service on the Board, and will be made in accordance with the Director's Distribution Election Notification. Each stock unit is the economic equivalent of one share of AES Common Stock, and Mr. Zhang's stock units will be settled in cash.