X0101 4 2003-06-30 0 0000874761 AES CORPORATION AES 0001237640 LADER PHILIP 1 0 0 0 Units 0 2003-06-30 2003-06-30 4 A 0 1214 6.385 A 1988-08-08 1988-08-08 Common Stock 1214 2692 I Director Deferred Units Regarding conversion of derivative security, units will convert to Common Stock on a one for one basis after the participant retires or resigns from the Board. Regarding exercise and expiration date, this date will depend on the retirement or resignation date of the participant. Upon such date, the participant may convert units earned into stock and take a distribution. Philip Lader 2003-07-01