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AES Schedules Conference Call to Discuss Second Quarter 2008 Financial Results

The AES Corporation (NYSE: AES) will host a conference call on Friday, August 8, 2008 at 10:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2008 financial results.

The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing 1-866-229-5768 at least ten minutes before the start of the call. International callers should dial +1-973-200-3007. The reservation number for this call is 59272429. Internet access to the conference call and presentation materials will be available on the AES website at www.aes.com by selecting Investor Information and then Quarterly Financial Reports.

A telephonic replay of the call will be available from approximately 1:00 p.m. EDT on Friday, August 8, 2008 through Friday, August 29, 2008. Callers in the U.S. please dial 1-800-642-1687. International callers should dial +1-706-645-9291. The system will ask for a reservation number; please enter 59272429 followed by the pound key (#). A webcast replay, as well as a replay in downloadable MP3 format, will be accessible at www.aes.com beginning shortly after the completion of the call.

About AES

AES is one of the worlds largest global power companies, with 2007 revenues of $13.6 billion. With operations in 29 countries on five continents, AESs generation and distribution facilities have the capacity to serve 100 million people worldwide. Our 15 regulated utilities amass annual sales of over 73,000 GWh and our 123 generation facilities have the capacity to generate approximately 43,000 MW. Our global workforce of 28,000 people is committed to operational excellence and meeting the worlds growing power needs. To learn more about AES, please visit www.aes.com or contact AES media relations at media@aes.com.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AESs current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AESs filings with the Securities and Exchange Commission, including, but not limited to, the risks discussed under Item 1A Risk Factors in AESs 2007 Annual Report on Form 10-K. Readers are encouraged to read AESs filings to learn more about the risk factors associated with AESs business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

The AES Corporation
Media:
Robin Pence, 703-682-6552
or
Investors:
Ahmed Pasha, 703-682-6451

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