ARLINGTON, Va.--(BUSINESS WIRE)--Jun. 21, 2013--
The AES Corporation (NYSE: AES) announced today that Mr.
James Miller
,
former Chief Executive Officer and Chairman of PPL Corporation, has been
appointed to the AES Board of Directors, effective June 20, 2013.
“Jim brings to AES’ Board substantial experience in the energy industry,
both in the U.S. and internationally, including in regulated utilities
and competitive power markets,” said
Charles Rossotti
, AES Board
Chairman. “AES will benefit from Jim’s strategic insight, track record
of operational improvements and disciplined capital allocation.”
With more than 35 years of experience in the energy industry, Mr. Miller
most recently served as Chairman of PPL Corporation from 2006 until his
retirement in March 2012. He joined PPL as President of its U.S.
generation businesses in 2001. Previously, he was Executive Vice
President of USEC Inc. and President of two ABB Group subsidiaries: ABB
Environmental Systems and ABB Resource Recovery Systems. He began his
career in the electric utility industry at the former Delmarva Power &
Light Co.
Mr. Miller serves on the Boards of Rayonier, Inc., Lehigh Gas Partners
LP and Crown Holdings, Inc. He holds a bachelor’s degree in electrical
engineering from the University of Delaware and served in the U.S. Navy
nuclear submarine program.
About AES
The AES Corporation (NYSE: AES) is a Fortune 200 global power company.
We provide affordable, sustainable energy to 23 countries through our
diverse portfolio of distribution businesses as well as thermal and
renewable generation facilities. Our workforce of 25,000 people is
committed to operational excellence and meeting the world’s changing
power needs. Our 2012 revenues were $18 billion and we own and manage
$42 billion in total assets. To learn more, please visit www.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. Forward-looking statements are not intended to be a guarantee of
future results, but instead constitute AES’ current expectations based
on reasonable assumptions. Actual results could differ materially from
those projected in AES’ forward-looking statements due to risks,
uncertainties and other factors. Important factors that could affect
actual results are discussed in the Tender Offer Materials related to
the Tender Offers and AES’ filings with the SEC, including, but not
limited to, the risks discussed under Item 1A “Risk Factors” and Item 7
“Management’s Discussion & Analysis of Financial Condition and Results
of Operations” in AES’ 2012 Annual Report on Form 10-K and in subsequent
reports filed with the SEC. Readers are encouraged to read AES’ filings
to learn more about the risk factors associated with AES’ business. AES
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
Anyone who desires a copy of AES’ 2012 Annual Report on Form 10-K dated
on or about February 26, 2013 may obtain a copy (excluding Exhibits)
without charge by addressing a request to the Office of the Corporate
Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington,
Virginia 22203. Exhibits also may be requested, but a charge equal to
the reproduction cost thereof will be made.

Source: The AES Corporation
The AES Corporation
Investor Contact:
Ahmed Pasha,
703-682-6451
or
Media Contact:
Rich Bulger,
703-682-6318