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Progress on share repurchase program

The Hague, November 5, 2007

Aegon announced today that, in line with the share repurchase program announced on August 9, 2007, the company has repurchased 6,080,000 common shares during the week of October 29 until November 2, 2007.

The common shares were repurchased at an average price of EUR 14.0370 for a total amount of EUR 85,345,239.

The total number of common shares repurchased under this program to date is 50,550,000 shares for a total consideration of EUR 683,174,444. To date approximately 68.3% of the repurchase program has been completed.