SAN SALVADOR, El Salvador, March 28, 2013 /PRNewswire/ — AES El Salvador Trust II (the “Purchaser“) announced today the early settlement of its tender offer (the “Offer”) to purchase any and all of the outstanding 6.75% Senior Guaranteed Notes due 2016 (the “Notes“) issued by AES El Salvador Trust, a Panamanian trust (the “Issuer“), and guaranteed by Compania de Alumbrado Electrico de San Salvador, S.A. de C.V. (“CAESS“), AES CLESA y Compania, S. en C. de C.V. (“CLESA“), Empresa Electrica de Oriente, S.A. de C.V. (“EEO“), and Distribuidora Electrica de Usulutan, S.A. de C.V. (“DEUSEM“), each a company organized in El Salvador with limited liability (CAESS, CLESA, EEO and DEUSEM, jointly, the “Guarantors“). Pursuant to the offer to purchase dated March 14, 2013 (the “Offer to Purchase“) the early Settlement date is to be today, March 28, 2013 (the “Early Settlement Date“).

CUSIP Nos.: 55312MAA6 (144A) and P6830JAA2 (Reg S)
ISIN Nos.: US55312MAA62 (144A) and USP6830JAA27 (Reg S)

As of 5:00 p.m New York time, on the Early Settlement Date, the Purchaser received valid tenders from noteholders of U.S.$149,003,000.00 in principal amount of Notes. These tendering noteholders will receive the total consideration of U.S.$1,005 per U.S.$1,000 principal amount of Notes accepted for purchase, together with Accrued Interest (as defined in the Offer to Purchase).

Any questions regarding the Offer should be directed to Barclays Capital Inc. and Deutsche Bank Securities Inc. (together, the “Dealer Managers“) at: Barclays Capital Inc., Attn: Liability Management Group, collect: (212) 528-7581, U.S. toll free: (800) 438-3242; and Deutsche Bank Securities Inc., Attn: Liability Management Group, collect: (212) 250-7527, U.S. toll free: (855) 287-1922.

This announcement has been issued by and is the sole responsibility of the Purchaser. In accordance with normal practice, the Dealer Managers express no opinion on the merits of the Offer, nor do they accept any responsibility for the accuracy or completeness of this announcement or any other document prepared in connection with the Offer.

About the Purchaser

The Purchaser, although not a separate legal entity, is a Panamanian trust. MMG Trust, S.A., acting not in its individual capacity but solely as trustee, is the trustee of the Purchaser (the “Panamanian Trustee“). The Panamanian Trustee is a Panamanian corporation (sociedad anonima) licensed to engage in fiduciary and trust services in and from Panama and regulated by the Superintendency of Banks of Panama (Superintendencia de Bancos de Panama). The Panamanian Trustee is registered as a sociedad anonima with the Public Registry (Registro Publico) of Panama on Microjacket 350411, Reel number 61837, Image number 0030. The Purchaser and the Panamanian Trustee are domiciled in and constituted under the laws of Panama. The registered office of the Purchaser and the Panamanian Trustee is located at MMG Trust, S.A., MMG Tower, 15th Floor, 53 E Street, Urbanizacion Obarrio, Panama City, Panama and the telephone number of the Purchaser’s and the Panamanian Trustee’s registered office in Panama is + 507 265-7633.

SOURCE AES El Salvador Trust II