THE HAGUE, The Netherlands, June 1, 2010 /PRNewswire-FirstCall/ — AEGON announces the appointment of Clare Bousfield as Chief Financial Officer of AEGON UK. Ms. Bousfield has been with Swiss Re since 2001, where she has held a number of roles which include her most recent position as Head of Group Audit based in Zurich. She takes up her new responsibilities in September 2010.

Ms. Bousfield succeeds Bill Robertson who has decided to leave AEGON following a career spanning ten years in a variety of roles in Edinburgh and The Hague.

Ms. Bousfield began her career at PricewaterhouseCoopers where she worked with clients in the UK insurance and investment management industry, including an assignment in the United States, from 1990 to 2001. At Swiss Re, she was Chief Financial Officer for the UK Life & Health business and for the UK, Ireland and Africa Region prior to assuming a Group role.

Ms. Bousfield graduated in Statistics from the University of St. Andrews and completed the Advanced Management Program at leading French management school INSEAD in 2009.

Jan Nooitgedagt, Member of the Management Board and AEGON’s CFO said, “We are delighted to have attracted a person of Clare Bousfield’s caliber. Her broad international experience in finance and the insurance sector will be invaluable as we adapt to the changing landscape for our business. Clare’s appointment, together with that of the newly-appointed Chief Operating Officer Adrian Grace and newly-appointed Chief Risk Officer Charles Garthwaite, comprises a strong team in the UK under the leadership of Otto Thoresen. We are grateful to Bill Robertson for his many years of service and innumerable contributions to AEGON during the past ten years. We wish him every success in his new endeavors.”

Clare Bousfield said, “I am delighted to be joining AEGON UK in the role of CFO. It’s an important time for the insurance sector with a changing economic and regulatory environment and I’m looking forward to working with the team to make the most of the opportunities ahead.”

About AEGON

As an international life insurance, pension and investment company based in The Hague, AEGON has businesses in over twenty markets in the Americas, Europe and Asia. AEGON companies employ approximately 28,000 people and have some 40 million customers across the globe.

Forward-looking statements

The statements contained in this press release that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, is confident, will, and similar expressions as they relate to our company. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. We undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

Further details of potential risks and uncertainties affecting the company are described in the company’s filings with Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report on Form 20-F. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

SOURCE AEGON N.V.

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