AES is a leading global power company, with 2003 sales of $8.4 billion. AES operates in 27 countries, generating 45,000 megawatts of electricity through 113 power facilities and delivering electricity through 17 distribution companies. Our 30,000 people are committed to operational excellence and meeting the world's growing power needs

AES Reports Fourth Quarter and Full Year 2007 Results
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Full Year EPS from Continuing Operations at $0.73
Full Year Adjusted EPS up 10% to $1.02
Annual Revenues up 17% to $13.6 Billion
Annual Gross Margin at $3.4 Billion
Full Year Net Consolidated Operating Cash Flow at $2.4 Billion
ARLINGTON, Va.-- March 17, 2008--The AES Corporation (NYSE:AES) today reported results for the fourth quarter and full year ended December 31, 2007.
"We are pleased to announce that we had another good year in 2007, demonstrating the financial strength of our portfolio of businesses," said Paul Hanrahan, AES President and Chief Executive Officer. He added, "We made good progress in executing and expanding projects in our global pipeline of core and alternative energy businesses and moved into new higher growth markets, all of which positions us well for continued growth going forward."
Fourth Quarter 2007 Financial Highlights:
-- Earnings Per Share (EPS) from Continuing Operations of $0.00, including net impairments and other charges of $0.24 as described below
-- Adjusted EPS from Continuing Operations (a non-GAAP financial measure) of $0.19, including a one-time deferred tax charge of $0.07 related to a change in Mexican tax law
-- Net Income Per Share of $0.01
-- Consolidated Net Revenues up 25% to $3.7 billion
-- Consolidated Gross Margin up 3% to $809 million
-- Consolidated Operating Cash Flow up 3% to $488 million
-- Subsidiary Distributions to Parent of $343 million
Full Year 2007 Financial Highlights:
-- EPS from Continuing Operations of $0.73, including net impairments and other charges of $0.33 recorded in 2007 as described below
-- Adjusted EPS from Continuing Operations (a non-GAAP financial measure) of $1.02, including a one-time deferred tax charge of $0.07 related to a change in Mexican tax law
-- Net Loss Per Share of $0.14, primarily due to a loss of $1.00 associated with the sale of a Venezuelan subsidiary, C.A. La Electricidad de Caracas (EDC)
-- Consolidated Net Revenues up 17% to $13.6 billion
-- Consolidated Gross Margin relatively flat at $3.4 billion
-- Consolidated Operating Cash Flow of $2.4 billion, exceeding the Company's expectations of $2.2-$2.3 billion
-- Subsidiary Distributions to Parent of $1.1 billion

AES To Sell Interests In Kazakhstan Power Plant And Coal Mine
Will Maintain Ownership and Operation of Generation and Distribution Assets in Eastern Kazakhstan
ARLINGTON, Va.--Feb. 5, 2008--The AES Corporation (NYSE:AES) today announced an agreement to sell its interests in the AES Ekibastuz power plant and Maikuben West coal mine in Kazakhstan to Kazakhmys PLC, Kazakhstan's largest producer of copper and one of the leading copper producers in the world. AES will maintain its ownership and operation of its other facilities located in Eastern Kazakhstan, which include thermal and hydro generation capacity of approximately 2,688 MW and a distribution business with over 400,000 customers.
AES will receive consideration of $1.1 billion at closing and will have the opportunity to receive, over three years, additional consideration of up to $381 million under earn-out provisions, a management fee and a capital expenditure program bonus, for a total consideration of up to $1.48 billion. The management agreement duration is three years and runs through December 2010.

AES Reports Strong First Quarter Results
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ARLINGTON, Va.--June 21, 2007--The AES Corporation (NYSE:AES) today reported strong first quarter 2007 results. Revenues increased 11% to $3.1 billion compared to $2.8 billion for the first quarter of 2006, while net cash from operating activities increased 14% to $581 million compared to $509 million last year.
First quarter income from continuing operations was $119 million, or $0.18 earnings per diluted share. The quarterly results were in line with the Company's expectations excluding a non-cash charge of $35 million, or $0.05 impact on diluted earnings per share, due to an impairment of a minority investment, and a charge of $22 million, or $0.03 impact on diluted earnings per share, relating to a litigation reserve as a result of a court ruling at our subsidiary in Kazakhstan. Adjusted earnings per share (a non-GAAP financial measure) were $0.24 for the quarter and include the $0.03 charge at our subsidiary in Kazakhstan. These results compare to 2006 first quarter income from continuing operations of $330 million, or $0.49 earnings per diluted share, and adjusted earnings per share of $0.39. First quarter 2006 results included a one-time $87 million gain or $0.13 positive impact on diluted earnings per share associated with the sale of Kingston in Ontario and the sale of an additional $39 million or $0.05 positive impact on diluted earnings per share in excess emission sales.
During the quarter, AES continued to execute its growth plans. The Company signed a Memorandum of Understanding and subsequently entered into a partnership with GE Energy Financial Services to develop greenhouse gas emission reduction projects in the United States. The Company also acquired two new power plants with long-term power agreements in Tamuin, Mexico totaling 460 MW of capacity.
As anticipated and previously disclosed, the Company recognized an impairment charge of approximately $638 million, or $0.94 impact on diluted earnings per share, in connection with the sale of its equity stake in its Venezuelan subsidiary C.A. La Electricidad de Caracas (EDC), now included in discontinued operations. Including these charges, the Company incurred a net loss of $455 million, or $0.67 diluted loss per share. This compares to net income of $348 million, or $0.52 earnings per diluted share in first quarter 2006.