AES appoints Zhang Guobao, who brings government, electricity experience from China, to board of directors, effective Dec. 9

Tracy McDonald

ARLINGTON, Virginia , December 9, 2011 (press release) – The AES Corporation (NYSE: AES) announced today that Mr. Zhang Guobao has been appointed to the AES Board of Directors, effective December 9, 2011.

“Mr. Zhang brings to the AES Board substantial government and electricity industry experience both in China and internationally,” said Philip Odeen, Chairman of the Board of AES. “We believe Mr. Zhang will provide a valuable perspective to our Board.”

Mr. Zhang was nominated to the AES Board by a subsidiary of China Investment Corporation pursuant to a shareholders agreement with AES. He is Vice-Chairman of the Chinese National Development and Reform Commission and recently held the position of Administrator (Minister-Level) of the Chinese National Energy Administration. Mr. Zhang received his Mechanical Engineering Master Degree from Xi’an Jiaotong University.

About AES

The AES Corporation (NYSE: AES) is a Fortune 200 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we provide affordable and sustainable energy to 27 countries. Our workforce of approximately 28,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2010 revenues were $16 billion and we own and manage $41 billion in total assets.

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