<SUBMISSION>
<ACCESSION-NUMBER>0000950103-02-001289
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20021204
<ITEMS>5
<FILING-DATE>20021204
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>AES CORPORATION
<CIK>0000874761
<ASSIGNED-SIC>4991
<IRS-NUMBER>541163725
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-12291
<FILM-NUMBER>02848251
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1001 N 19TH ST
<STREET2>STE 2000
<CITY>ARLINGTON
<STATE>VA
<ZIP>22209
<PHONE>7035221315
</BUSINESS-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>dec0402_8k.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>AES 8-K</TITLE>
<BODY vLink=purple link=blue bgColor=#ffffff>
<FONT
face="Times New Roman, Times, serif"
size=4><BR>
<HR style="MARGIN-TOP: -2px" color=#000000 noShade SIZE=4>
<HR style="MARGIN-TOP: -10px" color=#000000 noShade SIZE=1>
<BR>
<BR>
<P align=center>SECURITIES AND EXCHANGE COMMISSION<BR>
  WASHINGTON, D.C.20549<BR>
  <BR>
  FORM 8-K<BR>
  <BR>
  CURRENT REPORT<BR>
  PURSUANT TO SECTION 13 OR 15 (d) OF<BR>
  THE SECURITIES EXCHANGE ACT OF 1934<BR>
  <BR>
  Date of Report (date of earliest event reported):<BR>
  December 4, 2002<BR>
  <BR>
  THE AES CORPORATION<BR>
  (exact name of registrant as specified in its charter)<BR>
  <BR>
<DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 width="90%" border=0>

      <TR>
        <TD vAlign=top align=middle width=288>DELAWARE<BR>
        <font size="2">(State of Incorporation)</font></TD>

      <TD vAlign=top align=center width=340>333-15487<BR>
        <font size="2">(Commission File No.)</font></TD>
        <TD vAlign=top align=middle width=238>54-1163725<BR>
        <font size="2">(IRS Employer Identification No.)</font></TD>
      </TR>

  </TABLE>
</DIV>
<P align=center>1001 North 19th Street, Suite 2000<BR>
  Arlington, Virginia 22209<BR>
  (Address of principal executive offices, including zip code)</P>
<P align=center>Registrant&#146;s telephone number, including area code:<BR>
  (703) 522-1315</P>
<P align=center>NOT APPLICABLE<BR>
  (Former Name or Former Address, if changed since last report)</P>
<BR>
<BR>
<HR style="MARGIN-TOP: -2px" color=#000000 noShade SIZE=1>
<HR style="MARGIN-TOP: -10px" color=#000000 noShade SIZE=4>
<BR>
<BR>
<BR>
</FONT>
<table width="90%"  border="0" cellspacing="0" cellpadding="5">
  <tr>
    <td align="left" valign="top"><FONT
face="Times New Roman, Times, serif"
size=4>Item 5. Other Events </FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><FONT
face="Times New Roman, Times, serif" size=4> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
      December 4, 2002, The AES Corporation (the &#147;registrant&#148;) issued
      the press release attached as Exhibit 99.1 to this report and incorporated
      herein by reference.</FONT></td>
  </tr>
</table>
<br>
<br>
<br clear=all>
<hr><br>
<br>
<br>
<TABLE cellSpacing=0 cellPadding=0 width=90%>
    <TR>
      <TD colSpan=5> <DIV align=center><B>SIGNATURES</B></DIV></TD>
    </TR>
    <TR>
      <TD colSpan=2>&nbsp;</TD>
      <TD colSpan=3>&nbsp;</TD>
    </TR>
    <TR>
      <TD colSpan=5><FONT face="Times New Roman, Times, serif" size=4>Pursuant
        to the requirements of the Securities Exchange Act of 1934, the registrant
        has duly caused this report to be signed on its behalf by the undersigned
        hereunto duly authorized.</FONT></TD>
    </TR>
    <TR>
      <TD colSpan=2>&nbsp;</TD>
      <TD colSpan=3>&nbsp;</TD>
    </TR>
    <TR>
      <TD colSpan=2>&nbsp;</TD>
      <TD colSpan=3>&nbsp;</TD>
    </TR>
    <TR>
      <TD colSpan=2>&nbsp;</TD>
      <TD colSpan=3>THE AES CORPORATION</TD>
    </TR>
    <TR>
      <TD colSpan=5>&nbsp;</TD>
    </TR>
    <TR>

    <TD width=414><FONT face="Times New Roman, Times, serif" size=4>Date: December
      4, 2002</FONT></TD>
      <TD width=68>&nbsp;</TD>
      <TD width=34>By:</TD>
      <TD width=14>&nbsp;</TD>

    <TD width=347>/s/ Brian A. Miller</TD>
    </TR>
    <TR>
      <TD colSpan=4>&nbsp;</TD>
      <TD> <HR align=left width="60%" noShade SIZE=1> </TD>
    </TR>
    <TR>
      <TD colSpan=4>&nbsp;</TD>

    <TD>Name:&nbsp;&nbsp;Brian A. Miller</TD>
    </TR>
    <TR>
      <TD colSpan=4>&nbsp;</TD>

    <TD valign="top">Title:&nbsp;&nbsp;&nbsp;Corporate Secretary</TD>
    </TR>
</TABLE>
<br>
<br clear=all>
<hr>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>dec0402_ex9901.htm
<TEXT>
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<TITLE></TITLE>
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<BODY>

<P align="right"><FONT SIZE=2>EXHIBIT 99.1</font></P>


<p align=center><FONT SIZE=2> <strong>THE AES CORPORATION EXTENDS THE EXPIRATION
  DATE OF <br>
  EXCHANGE OFFER</strong></FONT></p>
<P><FONT SIZE=2>
<hr size=1>
<B>ARLINGTON, VA, December 4, 2002 &#151;</B> The AES Corporation (NYSE: AES)
announced today that it had extended the expiration date of the exchange offer
relating to its outstanding $300,000,000 8.75% Senior Notes due 2002 (&#8220;2002
Notes&#8221;) and $200,000,000 7.375% Remarketable or Redeemable Securities due
2013, which are puttable in 2003 (&#8220;ROARs&#8221;), from 5:00p.m., New York
City time, on December 3, 2002 to 5:00p.m., New York City time, on December 6,
2002.</FONT></P>
<P><FONT SIZE=2> The AES Corporation has been informed by the exchange agent that,
  as of 5:00 p.m., New York City time, on December 3, 2002, approximately $230,074,000
  in aggregate principal amount of its 2002 Notes and $172,859,000 in aggregate
  principal amount of its ROARs had been tendered in the exchange offer. These
  amounts represent approximately 77% and 86% of the outstanding 2002 Notes and
  ROARs, respectively. Consummation of the exchange offer is subject to a number
  of significant conditions including the condition that 80% in aggregate principal
  amount of the 2002 Notes and 80% in aggregate principal amount of the ROARs
  are validly tendered.</FONT></P>

<P><FONT SIZE=2> The offering of the new senior secured notes in the exchange
  offer is being made only to &#8220;qualified institutional buyers&#8221; and
  &#8220;persons other than a U.S. person&#8221; located outside the United States,
  as such terms are defined in accordance with Rule 144A and Regulation S of the
  Securities Act of 1933, as amended, and two individuals affiliated with AES
  who are accredited investors.</FONT></P>

<P><FONT SIZE=2> The new senior secured notes will not be registered under the
  Securities Act of 1933, or any state securities laws. Therefore, the new senior
  secured notes may not be offered or sold in the United States absent an exemption
  from the registration requirements of the Securities Act of 1933 and any applicable
  state securities laws. This announcement is neither an offer to sell nor a solicitation
  of an offer to buy the new notes.</FONT></P>

<P><FONT SIZE=2>CONTACT: Kenneth R.
Woodcock, 703-522-1315</font></p>




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