AES Tiete receives consents to amend 11½% notes

New York, Feb. 1 - AES Tiete Empreendimentos SA, AES Tiete Participacoes SA, AES Tiete Holdings, Ltd. and AES IHB Cayman, Ltd. said they received consents from holders of Tiete Certificates Grantor Trust's $300 million of 11½% trust certificates due April 15, 2016 to amend the transaction documents.

The amendment allows AES Tiete SA to issue shares to non-affiliate shareholders of Tiete if it is required by the laws of Brazil in connection with the concurrent issuance of capital stock by Tiete to AES Tiete Empreendimentos in order to realize tax credits through a capital increase.

Bondholder Communications Group was tabulation and information agent (888 385-2663 or call collect 212 809-2663).

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