Path:

Additional information regarding Aegon’s dividend proposal

The Hague, March 12, 2004

Aegon wishes to provide additional information on the dividend proposal in the press release on the 2003 results published earlier today.

The Executive Board has proposed a dividend of EUR 0.40 per common share for the year 2003 (2002: EUR 0.74). After taking into account the interim dividend of EUR 0.20, this represents a final dividend of EUR 0.20 per common share. The final dividend will be paid in cash or shares, at the election of the shareholder. The stock fraction for the share dividend will be based upon the average price of the Aegon share on the Euronext Amsterdam stock Exchange for the five trading days from 4 May up to and including 10 May. The value of the stock dividend will be approximately 5% higher than the value of the cash dividend. Aegon’s Euronext shares will be quoted ex-dividend on 26 April 2004 and the New York registered shares will be quoted ex-dividend on 21 April 2004. The dividend will be payable as of 18 May 2004.