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Dutch government nominates representatives to Aegon Board

The Hague, November 7, 2008

The Dutch government has nominated two representatives to Aegon’s Supervisory Board. They are Arthur Docters van Leeuwen, chairman of the Holland Financial Centre, and Karla Peijs, Queen’s Commissioner for the Province of Zeeland.

The move follows an agreement last week on additional capital for Aegon from the Dutch State. Under that agreement, the government had the right to nominate two members to act as its representatives on Aegon’s Board.

Aegon welcomed the nominations, which were made after consultation with the company.

Mrs. Peijs already serves on Aegon’s Supervisory Board. Mr. Docters van Leeuwen will initially join the Board as an observer. His appointment will be submitted for approval to Aegon shareholders at their next Annual General Meeting, scheduled for April 2009.

Arthur Docters van Leeuwen, a Dutch national, has held various positions at the Dutch Interior Ministry and the Ministry of Finance. He was head of the Dutch Security Service for a number of years and president of the Dutch Council of Attorneys General, before being named chairman of the financial markets supervisory authority AFM in 1999. He held this position until last year. Mr. Docters van Leeuwen has considerable experience of financial services regulation and supervision in both the Netherlands and the rest of Europe.

Karla Peijs, also Dutch, was appointed to Aegon’s Supervisory Board in 2007 and previously served in the same capacity from 1992 till 2003. She has served as a member of the European Parliament and was Minister for Transport, Public Works and Water Management in the Dutch government. She is a member of the Compensation Committee of Aegon’s Supervisory Board.