X0202 4 2005-05-11 0 0000874761 AES CORP AES 0001237644 HANRAHAN PAUL T 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 1 0 0 President and CEO Common Stock 2005-05-11 2005-05-11 4 M 0 5440 7.3275 A 32802 D Common Stock 2005-05-11 2005-05-11 4 S 0 5440 15.92 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 100 7.3275 A 27462 D Common Stock 2005-05-11 2005-05-11 4 S 0 100 15.86 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 200 7.3275 A 27562 D Common Stock 2005-05-11 2005-05-11 4 S 0 200 15.85 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 300 7.3275 A 27662 D Common Stock 2005-05-11 2005-05-11 4 S 0 300 15.81 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 2000 7.3275 A 29362 D Common Stock 2005-05-11 2005-05-11 4 S 0 2000 15.70 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 5300 7.3275 A 32662 D Common Stock 2005-05-11 2005-05-11 4 S 0 5300 15.59 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 9100 7.3275 A 36462 D Common Stock 2005-05-11 2005-05-11 4 S 0 9100 15.60 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 200 7.3275 A 27562 D Common Stock 2005-05-11 2005-05-11 4 S 0 200 15.63 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 1200 7.3275 A 28562 D Common Stock 2005-05-11 2005-05-11 4 S 0 1200 15.64 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 700 7.3275 A 28062 D Common Stock 2005-05-11 2005-05-11 4 S 0 700 15.65 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 300 7.3275 A 27662 D Common Stock 2005-05-11 2005-05-11 4 S 0 300 15.66 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 1000 7.3275 A 28362 D Common Stock 2005-05-11 2005-05-11 4 S 0 1000 15.58 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 3700 7.3275 A 31062 D Common Stock 2005-05-11 2005-05-11 4 S 0 3700 15.57 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 1600 7.3275 A 28962 D Common Stock 2005-05-11 2005-05-11 4 S 0 1600 15.56 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 4300 7.3275 A 31662 D Common Stock 2005-05-11 2005-05-11 4 S 0 4300 15.55 D 27362 D Stock Option Grant (Right to buy) 7.3275 2005-05-11 2005-05-11 4 M 0 35440 0 D 2007-01-10 2006-01-10 Common Stock 35440 2346421 D This is the first of four filings for Mr. Hanrahan's 5/11/2005 transactions. In order to complete the filing for Mr. Hanrahan's 05/11/2005 transactions within the confines of the Edgar system, four Forms 4 will be filed. Shares resulting from Mr. Hanrahan's stock option exercises were sold pursuant to a Rule 10b5-1 Sales Plan dated April 1, 2005. Paul T. Hanrahan 2005-05-13