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 19300 2.20 A 46662 D Common Stock 2005-05-11 2005-05-11 4 S 0 19300 15.55 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 4700 2.20 A 32062 D Common Stock 2005-05-11 2005-05-11 4 S 0 4700 15.54 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 3500 2.20 A 30862 D Common Stock 2005-05-11 2005-05-11 4 S 0 3500 15.53 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 4500 2.20 A 31862 D Common Stock 2005-05-11 2005-05-11 4 S 0 4500 15.52 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 18000 2.20 A 45362 D Common Stock 2005-05-11 2005-05-11 4 S 0 18000 15.50 D 45362 D Common Stock 2005-05-11 2005-05-11 4 M 0 3100 2.20 A 30462 D Common Stock 2005-05-11 2005-05-11 4 S 0 3100 15.47 D 30462 D Common Stock 2005-05-11 2005-05-11 4 M 0 5000 2.20 A 32362 D Common Stock 2005-05-11 2005-05-11 4 S 0 5000 15.46 D 27362 D Common Stock 2005-05-11 2005-05-11 4 M 0 9700 2.20 A 37062 D Common Stock 2005-05-11 2005-05-11 4 S 0 9700 15.45 D 27362 D Stock Option Grant (Right to buy) 2.20 2005-05-11 2005-05-11 4 M 0 67800 0 D 2003-07-29 2012-07-29 Common Stock 67800 2278621 D This is the second of four filings for Mr. Hanrahan's 5/11/2005 transactions. 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