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Aegon’s US subprime portfolio experiences no downgrades in recent credit review

The Hague, October 17, 2007

Aegon Chief Financial Officer Jos Streppel stated: "The fact that Aegon experienced no downgrades in this latest review, demonstrates the high quality of our portfolio."

Aegon N.V. today confirmed that none of the Group's US subprime securities was downgraded in last week's review by Moody's Investors Services rating agency.

Aegon Chief Financial Officer Jos Streppel stated:  "The fact that Aegon experienced no downgrades in this latest review, demonstrates the high quality of our portfolio."

Aegon expects no material impairments in its subprime investments when it announces its third quarter results on November 8, 2007.