-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UWSC1grVFH5yd6Ttp1/TzmwBHy2OQnhPk+94VbidPSyPcUbTKSf9dcbe77YALmN8
 8KEM/qBaT394T78/ugm80g==

<SEC-DOCUMENT>0000950103-99-000456.txt : 19990623
<SEC-HEADER>0000950103-99-000456.hdr.sgml : 19990623
ACCESSION NUMBER:		0000950103-99-000456
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19990524

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AES CORPORATION
		CENTRAL INDEX KEY:			0000874761
		STANDARD INDUSTRIAL CLASSIFICATION:	COGENERATION SERVICES & SMALL POWER PRODUCERS [4991]
		IRS NUMBER:				541163725
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	333-46189
		FILM NUMBER:		99633304

	BUSINESS ADDRESS:	
		STREET 1:		1001 N 19TH ST
		STREET 2:		STE 2000
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22209
		BUSINESS PHONE:		7035221315

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AES TRUST II
		CENTRAL INDEX KEY:			0001026268
		STANDARD INDUSTRIAL CLASSIFICATION:	COGENERATION SERVICES & SMALL POWER PRODUCERS [4991]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	333-46189-01
		FILM NUMBER:		99633305

	BUSINESS ADDRESS:	
		STREET 1:		1001 NORTH 19TH STREET
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22209
		BUSINESS PHONE:		7035221315

	MAIL ADDRESS:	
		STREET 1:		1001 NORTH 19TH STREET
		CITY:			ARLINGTON
		STATE:			VA
		ZIP:			22209
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<TEXT>

PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED MARCH 27, 1998)

6,000,000 Securities

AES TRUST II

$2.75 Term Convertible Securities, Series B ("TECONS (SM)")

(Liquidation amount $50 per security) fully and unconditionally guaranteed by,
and convertible into Common Stock of,

THE AES CORPORATION

        AES Trust II, a statutory business trust created under the laws of the
state of Delaware, issued and sold 6,000,000 $2.75 Term Convertible
Securities, Series B ("TECONS"), liquidation preference $50 per security in
transactions exempt from the registration requirements of the Securities Act
of 1933, as amended.  We filed a registration statement, and printed a
prospectus dated March 27, 1998, in order to permit the holders of the TECONS
to resell their TECONS in offerings registered with the Securities and
Exchange Commission.  On pages 68 and 69 of the prospectus, there is a table
that lists:

       (i)  each person selling TECONS in connection with the prospectus (the
            "Selling Holders"); and
      (ii)  the number of TECONS beneficially owned by each such Selling
            Holder.

This prospectus supplement, which provides supplemental information to that
prospectus, adds certain additional information to the list of Selling Holders:

      1) NMS Services, Inc is added as a Selling Holder that owns 300,000
TECONS.

      None of such Selling Holders has a material relationship with AES Trust
II or The AES Corporation except as we have described in the accompanying
prospectus.










THE DATE OF THIS PROSPECTUS SUPPLEMENT IS MAY 24, 1999
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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