X0202 4 2007-01-03 0 0000874761 AES CORP AES 0001237644 HANRAHAN PAUL T 4300 WILSON BOULEVARD ARLINGTON VA 22203 1 1 0 0 President and CEO Common Stock 2007-01-03 4 M 0 25000 19.50 A 50817 D Common Stock 2007-01-03 4 M 0 274600 2.20 A 325417 D Common Stock 2007-01-03 4 S 0 600 22.03 D 324817 D Common Stock 2007-01-03 4 S 0 895 22.04 D 323922 D Common Stock 2007-01-03 4 S 0 6700 22.05 D 317222 D Common Stock 2007-01-03 4 S 0 1900 22.06 D 315322 D Common Stock 2007-01-03 4 S 0 29800 22.07 D 285522 D Common Stock 2007-01-03 4 S 0 1600 22.08 D 283922 D Common Stock 2007-01-03 4 S 0 800 22.09 D 283122 D Common Stock 2007-01-03 4 S 0 4700 22.10 D 278422 D Common Stock 2007-01-03 4 S 0 5900 22.11 D 272522 D Common Stock 2007-01-03 4 S 0 13600 22.12 D 258922 D Common Stock 2007-01-03 4 S 0 19600 22.13 D 239322 D Common Stock 2007-01-03 4 S 0 26505 22.14 D 212817 D Common Stock 2007-01-03 4 S 0 4900 22.15 D 207917 D Common Stock 2007-01-03 4 S 0 13700 22.16 D 194217 D Common Stock 2007-01-03 4 S 0 5400 22.17 D 188817 D Common Stock 2007-01-03 4 S 0 20000 22.18 D 168817 D Common Stock 2007-01-03 4 S 0 13100 22.19 D 155717 D Common Stock 2007-01-03 4 S 0 19200 22.20 D 136517 D Common Stock 2007-01-03 4 S 0 5900 22.21 D 130617 D Common Stock 2007-01-03 4 S 0 24400 22.22 D 106217 D Common Stock 2007-01-03 4 S 0 11000 22.23 D 95217 D Common Stock 2007-01-03 4 S 0 28900 22.24 D 66317 D Common Stock 2007-01-03 4 S 0 11300 22.25 D 55017 D Common Stock 2007-01-03 4 S 0 1200 22.26 D 53817 D Common Stock 2007-01-03 4 S 0 4000 22.28 D 49817 D Common Stock 2007-01-03 4 S 0 11100 22.29 D 38717 D Common Stock 2007-01-03 4 S 0 9900 22.30 D 28817 D Common Stock (see footnotes 4 & 5 for last 2 rows of table) 2007-01-03 4 S 0 3000 22.31 D 25817 D Stock Option Grant (right to buy) 19.50 2007-01-03 4 M 0 25000 0 D Common Stock 25000 0 D Stock Option Grant (right to buy) 2.20 2007-01-03 4 M 0 274600 0 D Common Stock 274600 0 D This sale was executed pursuant to a written plan intended to comply with Rule 10b5-1 under the Securities Act of 1934. Mr. Hanrahan's sales plan was adopted on December 7, 2006. This ten year stock option grant was awarded on 12/03/1997 and vested in two equal annual installments such that one half vested on 12/03/1998 and the remaining half vested on 12/03/1999. This ten year stock option grant was awarded on 07/29/2002 and vested in two equal annual installments such that one half vested on 07/29/2003 and the remaining half vested on 07/29/2004. Since Mr. Hanrahan's last Form 4 filing on 05/18/2006, he acquired 337 shares of AES Common stock at an average price of $21.54 pursuant to The AES Retirement Savings Plan (the "Plan"). This report is based upon a Plan statement dated 12/29/2006. As of 12/29/2006, Mr. Hanrahan's aggregate AES Common stock holding under the Plan is now 43,067 shares, which he holds indirectly. 110 shares of AES Common stock are beneficially owned by Mr. Hanrahan's spouse. Mr. Hanrahan has indirect beneficial ownership of these securities through his spouse. /s/ Paul T. Hanrahan 2006-01-05