X0202 4 2008-04-24 0 0000874761 AES CORP AES 0001237643 SANDSTROM SVEN 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 0 0 0 Units 2008-04-24 4 A 0 12358 17.71 A Common Stock 12358 60247 I Amended and Restated Deferred Compensation Plan for Directors Pursuant to the Amended and Restated Deferred Compensation Plan for Directors of The AES Corporation (the "Company"), 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. Sven Sandstrom 2008-04-28