AES CORP — Director's Dealing 2013

Dec 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AES CORP (AES)
CIK: 0000874761
Period of Report: 2013-12-18

Reporting Person: Terrific Investment Corp (Former 10% Owner)
Reporting Person: CHINA INVESTMENT CORP (Former 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-18	Common Stock, par value $0.01 per share	S	20000000	$12.912	Disposed	105468788	Direct
2013-12-18	Common Stock, par value $0.01 per share	S	46000000	$13.181	Disposed	59468788	Direct

Footnotes

F1: The price represents 96% of the public offering price of $13.450 per share of Common Stock ("Common Share") of The AES Corporation (the "Issuer").

F2: These securities are beneficially owned directly by Terrific Investment Corporation, and indirectly by China Investment Corporation. CIC is the parent of CIC International Co., Ltd. ("CIC International"), which is the parent of Terrific and another wholly-owned subsidiary.

F3: CIC International is the parent of another wholly owned subsidiary, which beneficially owns 420,830 Common Shares of the Issuer. These Common Shares may be deemed to be beneficially owned indirectly by China Investment Corporation.

F4: The price represents the public offering price of $13.450 per Common Share less the underwriters' discount of $0.269 per Common Share.

F5: These securities are beneficially owned directly by Terrific Investment Corporation, and indirectly by China Investment Corporation. CIC is the parent of CIC International, which is the parent of Terrific and another wholly-owned subsidiary.

F6: CIC International is the parent of another wholly owned subsidiary, which beneficially owns 420,830 Common Shares of the Issuer. These Common Shares may be deemed to be beneficially owned indirectly by China Investment Corporation.