AES CORP

Ticker: AES CUSIP: 00130H105 Class: EQTY

Kerrisdale Advisers, LLC's Holding History (CIK: 0001569688)

Note: Option positions (PUT/CALL) are excluded.

Q3 2014

Shares 164,553 Value ($000) $2,333 Avg Close $9.86 Range $9.30 - $10.34

Q4 2013

Shares 21,411 Value ($000) $310 Avg Close $9.34 Range $8.62 - $10.20

Q3 2013

Shares 193,522 Value ($000) $2,572 Avg Close $8.39 Range $7.58 - $9.02

Q2 2013

Shares 708,500 Value ($000) $8,495 Avg Close $8.29 Range $7.29 - $9.14

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	164,553	$2,333	$9.86	$9.30 - $10.34
Q4 2013	21,411	$310	$9.34	$8.62 - $10.20
Q3 2013	193,522	$2,572	$8.39	$7.58 - $9.02
Q2 2013	708,500	$8,495	$8.29	$7.29 - $9.14