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To our valued customers, business partners, investors and other stakeholders

September 19, 2008

The developments in financial markets over the past several days have been extraordinary by any measure.

I would like to share with you some additional perspective on Aegon’s solid financial position.  We continue to have a strong balance sheet, healthy cash flows, and ample liquidity. Moreover, Aegon’s insurance financial strength continues to be rated double-A by the rating agencies. This means that Aegon is well capitalized, and our ability to fulfill our obligations to our customers and many other stakeholders is without question.

We are proud of our strong risk and asset management expertise which has positioned us to weather the unprecedented and challenging market environment that we are experiencing. Our customers and partners can take a great deal of confidence in knowing that they are served by a secure provider and reliable partner, with broad capabilities and continued financial strength.  Our financial flexibility of EUR 1.8 billion at the end of the second quarter provides additional assurance. 

Transparency, along with respect, quality and trust define Aegon’s core values.  We are committed to providing open, accurate and timely information about our products, performance and financial results.  Please be assured we are actively and continually monitoring market activity and will make all relevant information available.

I often say that we are in the business of making long-term promises.  As such, we have a long-term commitment to our customers, our shareholders, our bondholders, our business partners and to the communities in which we operate.  We have every confidence in our ability to keep our promises, now and in the future.

On behalf of myself and the management board of Aegon,

Alex Wynaendts
Aegon Chief Executive Officer