Exhibit 99.1

AEGON improves earnings, sales and capital position

^¡ Increase in underlying earnings and net income

- Underlying earnings before tax increase by 21% to EUR 473 million

- Net income improves significantly to EUR 657 million, driven mainly by underlying earnings, fair value items and lower impairments

- Return on equity improves to 10.0%

^¡ Increase in sales and deposits

- New life sales up 7% to EUR 527 million, driven by increased sales in US, UK and New Markets

- Gross deposits up 38% to EUR 9.4 billion as a result of strong third-party asset management inflows

- Value of new business declines to EUR 120 million, mainly due to a change in business mix

^¡ Continued strong capital position

- Excess capital above S&P’s AA capital adequacy requirements increases to EUR 3.3 billion; earnings contribution and capital preservation measures were offset by repayment of EUR 0.5 billion to Dutch State

- IGD^a) solvency ratio of 205%

Statement of Alex Wynaendts, CEO

“During the third quarter AEGON achieved significantly improved year-over-year results, as measured by increases in underlying earnings, net income, new life sales and deposits. The strong earnings performance during the quarter was driven by growth across most businesses, strict cost control, higher equity markets and the strengthening of the US dollar against the euro. The quarter, however, also included the negative impact of changes in assumptions relating to customer behavior in our variable annuity business in the United States.

“AEGON’s continued strong franchise resulted in the increase in new life sales within nearly all country units, while our asset management business was the main driver of the significant increase in deposits. AEGON’s excess capital position improved to EUR 3.3 billion, after repaying an additional EUR 500 million to the Dutch State in August. We reaffirm our aim to complete full repayment by the end of June 2011, market conditions permitting.

“During the quarter, we made further progress in restructuring our business in the United Kingdom. We are similarly on track with our plans for AEGON’s life reinsurance business and will communicate further on the progress in due course.

“Overall, AEGON’s businesses performed well during the third quarter and are on track to deliver the benefits of our strategic priorities.”

KEY PERFORMANCE INDICATORS

	Notes		Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
amounts in EUR millions b)
Underlying earnings before tax		1		473			522			(9	)		390			21			1,483			707			110
Net income		2		657			413			59			145			—			1,442			(189	)		—
New life sales		3		527			590			(11	)		492			7			1,655			1,543			7
Gross deposits excluding run-off businesses		4		9,408			7,584			24			6,838			38			24,767			20,893			19
Value of new business (VNB)		5		120			148			(19	)		169			(29	)		414			551			(25	)
Return on equity		6		10.0	%		9.7	%		3			9.7	%		3			10.0	%		4.6	%		117

For notes see page 19.

Supplements: AEGON’s Q3 2010 Financial Supplement and Condensed Consolidated Interim Financial Statements are available on www.aegon.com

Page 1 of 21

STRATEGIC HIGHLIGHTS

¡	First steps taken in restructuring UK business in order to achieve targeted cost reduction
¡	European Commission approves 2008 Dutch State support

AEGON’s ambition is to become a leader in all its chosen markets by 2015. This means becoming the most recommended life and pensions provider among customers, the preferred partner among distributors and the employer of choice among both current and prospective employees.

Achieving this ambition is based on three strategic priorities: to reallocate capital to areas that offer strong growth prospects and higher returns, to increase returns from the company’s existing businesses and to optimize ONE AEGON by increasing efficiency and making better use of the company’s global resources.

AEGON’s AMBITION

To be a leader in all our chosen markets by 2015

AEGON’S STRATEGIC PRIORITIES

¡	Reallocate capital
¡	Increase returns
¡	Optimize ONE AEGON
	…resulting in sustainable, profitable growth.

Reallocate capital

AEGON has taken steps to sharpen its focus on the company’s three core businesses: life insurance, pensions and asset management. AEGON also intends to achieve a greater geographical balance by reallocating capital to the growth markets of Central & Eastern Europe, Asia and Latin America. As part of this approach, AEGON continuously assesses its businesses to ensure they meet the company’s requirements in terms of earnings growth, cash flow generation, return on capital and customer life cycle needs. Currently, AEGON is in the process of exploring strategic options for Transamerica Reinsurance, the company’s international life reinsurance activities, including finding a suitable buyer. At this stage, AEGON is not in a position to provide further details.

Improve risk profile

AEGON has recently further increased equity hedging on its GMIB back-book of variable annuities in the United States by extending its current macro equity hedge program. As a result, AEGON has now covered approximately 80% of the equity exposure from its back-book of GMIB variable annuity guarantees. The company expects to fully equity hedge this back-book by the end of 2012.

Increase returns

In all of its businesses worldwide, AEGON’s aim is to increase returns by increasing efficiency and delivering operational excellence. This will be achieved by further reducing costs while investing in core capabilities and improving service levels to ensure continued customer loyalty.

In the United Kingdom, AEGON is taking significant steps to improve its return on capital. AEGON is targeting to reduce cost by 25% in its UK life and pensions operations by the end of 2011, and is directing more resources to the key growth At-Retirement and Workplace Savings markets, where AEGON has leading positions. As part of this process, AEGON has restructured its UK’s sales division, has sold its third party pension administration business and is closing its employee benefits software business.

Approval European Commission

In August, AEGON received final approval from the European Commission regarding the capital support obtained from the Dutch State in December 2008 at the height of the financial crisis. AEGON has repaid a further EUR 500 million to the Dutch State and aims to repay the remaining EUR 1.5 billion by the end of June 2011, market conditions permitting.

Page 2 of 21

FINANCIAL OVERVIEW

EUR millions	Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
Underlying earnings before tax
Americas		376			437			(14	)		324			16			1,192			467			155
The Netherlands		97			97			—			102			(5	)		298			303			(2	)
United Kingdom		28			22			27			(9	)		—			78			19			—
New markets		55			40			38			42			31			141			122			16
Holding and other		(83	)		(74	)		(12	)		(69	)		(20	)		(226	)		(204	)		(11	)
Underlying earnings before tax		473			522			(9	)		390			21			1,483			707			110
Fair value items		204			3			—			(196	)		—			191			(380	)		—
Realized gains / (losses) on investments		129			148			(13	)		38			—			403			203			99
Impairment charges		(92	)		(77	)		(19	)		(286	)		68			(319	)		(1,065	)		70
Other income / (charges)		(14	)		(60	)		77			48			—			(51	)		(328	)		84
Run-off businesses		(28	)		(49	)		43			(34	)		18			(137	)		34			—
Income before tax		672			487			38			(40	)		—			1,570			(829	)		—
Income tax		(15	)		(74	)		80			185			—			(128	)		640			—
Net income		657			413			59			145			—			1,442			(189	)		—
Net income / (loss) attributable to:
Equity holders of AEGON N.V.		657			413			59			145			—			1,441			(189	)		—
Minority interest		—			—			—			—			—			1			—			—
Net underlying earnings		395			390			1			348			14			1,166			615			90
Commissions and expenses		1,525			1,375			11			1,489			2			4,486			4,639			(3	)
of which operating expenses		835			841			(1	)		784			7			2,488			2,451			2
New life sales
Life single premiums		1,656			1,923			(14	)		1,674			(1	)		5,509			5,045			9
Life recurring premiums annualized		361			398			(9	)		323			12			1,104			1,038			6
Total recurring plus 1/10 single		527			590			(11	)		492			7			1,655			1,543			7
New life sales
Americas		171			167			2			145			18			483			423			14
The Netherlands		32			41			(22	)		52			(38	)		135			146			(8	)
United Kingdom		264			308			(14	)		245			8			837			763			10
New markets		60			74			(19	)		50			20			200			211			(5	)
Total recurring plus 1/10 single		527			590			(11	)		492			7			1,655			1,543			7
New premium production accident and health insurance		146			148			(1	)		126			16			442			436			1
New premium production general insurance		14			15			(7	)		12			17			43			35			23
Gross deposits (on and off balance)
Americas		4,706			5,154			(9	)		4,138			14			15,263			14,784			3
The Netherlands		525			624			(16	)		1,145			(54	)		1,892			2,327			(19	)
United Kingdom		16			19			(16	)		29			(45	)		71			142			(50	)
New markets		4,161			1,787			133			1,526			173			7,541			3,640			107
Total gross deposits excluding run-off businesses		9,408			7,584			24			6,838			38			24,767			20,893			19
Run-off businesses		—			—			—			51			—			—			934			—
Total gross deposits		9,408			7,584			24			6,889			37			24,767			21,827			13
Net deposits (on and off balance)
Americas		535			746			(28	)		553			(3	)		1,805			3,384			(47	)
The Netherlands		(83	)		55			—			355			—			39			580			(93	)
United Kingdom		2			10			(80	)		21			(90	)		41			122			(66	)
New markets		3,293			187			—			753			—			3,601			268			—
Total net deposits excluding run-off businesses		3,747			998			—			1,682			123			5,486			4,354			26
Run-off businesses		(1,081	)		(1,837	)		41			(3,272	)		67			(5,117	)		(7,598	)		33
Total net deposits		2,666			(839	)		—			(1,590	)		—			369			(3,244	)		—
REVENUE-GENERATING INVESTMENTS
	Sept. 30, 2010			June 30, 2010			%
Revenue-generating investments (total)		404,894			408,589			(1	)
Investments general account		145,625			151,394			(4	)
Investments for account of policyholders		140,438			139,717			1
Off balance sheet investments third parties		118,831			117,478			1

Page 3 of 21

OPERATIONAL HIGHLIGHTS

Underlying earnings before tax

AEGON’s underlying earnings increased to EUR 473 million in the third quarter, a significant improvement compared with the same period last year. This increase in earnings was mainly the result of growth in most businesses, strict cost control, higher equity markets and strengthening of the US dollar against the euro.

In the Americas, underlying earnings rose to EUR 376 million, primarily the result of higher fee and investment income, partly offset by charges of EUR 59 million related to changes in policyholder behavior assumptions. Underlying earnings in the Netherlands remained strong at EUR 97 million. In the United Kingdom, underlying earnings increased to EUR 28 million as earnings for the same period last year were affected by an exceptional charge of EUR 43 million related to a program to improve the consistency of customer records. Underlying earnings from New Markets increased to EUR 55 million as the contribution of AEGON Asset Management and associates was only partly offset by higher non-life claims in Central & Eastern Europe and continued investments in growth of the business in Asia. Higher funding costs and increased expenses resulted in EUR 83 million of expenses in the third quarter of 2010 for the holding company.

Net income

Net income increased significantly to EUR 657 million. This was primarily the result of higher underlying earnings, a positive contribution from fair value items, higher realized gains on investments and lower impairments.

Fair value items

In the third quarter, results from fair value items amounted to EUR 204 million. In the Americas, fair value items were positively impacted by lower implied volatility and favorable equity markets in the third quarter. In addition, the net hedge result was small, as hedge results from AEGON’s macro equity hedge program were more than offset by the effect of favorable equity markets on guarantees. In the Netherlands, the positive contribution was the result mainly of an increase in the fair value of guarantees, net of related hedges.

A narrowing of AEGON’s own credit spread, in addition to negative fair value movements in derivatives, resulted in a loss of EUR 60 million for the holding company.

Realized gains on investments

In the third quarter, realized gains on investments amounted to EUR 129 million. In the United States, gains were mainly related to normal trading in corporate investment grade bonds, while in the Netherlands gains were primarily due to sales of high yield and emerging market debt.

Impairment charges

Net impairments for the quarter amounted to EUR 92 million and were mostly linked to US housing related securities. Compared with the previous quarter, gross impairments remained at the same level, while recoveries declined.

Other charges

Other charges of EUR 14 million included EUR 12 million related to restructuring in the United Kingdom.

Run-off businesses

AEGON’s run-off businesses in the Americas recorded a loss in the third quarter of EUR 28 million, an improvement over recent quarters.

Income tax

Tax charges for the quarter amounted to EUR 15 million. These charges included EUR 46 million in tax benefits related to cross-border intercompany reinsurance transactions between the United States and Ireland and tax benefits of EUR 98 million resulting from the utilization of tax losses for which previously no deferred tax asset was recognized. In the United Kingdom, tax credits of EUR 29 million related to a reduction of the corporate tax rate from 28% to 27% effective from April 1, 2011 with consequential impact on deferred taxes.

Operating expenses

Operating expenses increased 7% to EUR 835 million due to a strengthening of the US dollar and pound sterling against the euro. At constant currencies, however, operating expenses declined 1% as result of a number of measures to reduce expenses, partly offset by investments in New Markets.

Page 4 of 21

New life sales

New life sales increased 7% compared with the third quarter of 2009 to EUR 527 million as most units experienced growth. The main drivers behind the increase were retail life sales in the Americas, pension sales in the United Kingdom and favorable exchange rates, partly offset by lower sales in the Netherlands.

Deposits

Gross deposits, excluding run-off businesses, increased 38% to EUR 9.4 billion. This substantial increase was the result mainly of strong third-party asset management deposits.

Value of new business

Compared with the third quarter 2009, the value of new business declined considerably to EUR 120 million. In the Netherlands, the decline in value of new business is attributable to lower sales and a decrease in margins, while in the United Kingdom the main reason for the decline was a decrease in immediate annuity sales and margins. In the Americas, the value of new business declined mainly due to lower sales of fixed annuities in addition to lower margins in the life insurance businesses.

Revenue-generating investments

Revenue-generating investments decreased slightly compared with the end of the second quarter 2010 to EUR 405 billion, primarily as a result of a weakening of the US dollar against the euro.

Capital management

At the end of the third quarter, AEGON’s core capital position, excluding revaluation reserves, amounted to EUR 17.2 billion, equivalent to 74%⁷⁾ of the company’s total capital base and above its target threshold of 70%. AEGON’s aim is to increase the proportion of core capital to at least 75% by the end of 2012.

AEGON’s revaluation reserves at September 30, 2010, increased significantly to EUR 2.3 billion. This significant improvement was mainly the result of an increase in the value of fixed income securities as a result of lower risk-free interest rates and a further narrowing in credit spreads.

Shareholders’ equity rose compared with the end of the second quarter to EUR 18 billion, mainly as a result of improved revaluation reserves and third quarter net income, partly offset by the weaker US dollar.

Excess capital above S&P’s AA capital adequacy requirements rose to EUR 3.3 billion, of which EUR 2 billion was held in operating units and EUR 1.3 billion at the holding company. An additional payment of EUR 563 million to the Dutch State was more than offset by the positive effect of earnings of EUR 0.6 billion and further capital preservation measures of EUR 0.3 billion.

During the third quarter of 2010, AEGON’s Insurance Group Directive (IGD) solvency ratio increased to 205%.

Improved longevity in the Netherlands

Updated mortality tables show a strong increase in life expectancy in the Dutch population. AEGON is in the process of assessing the possible impact of this on its insurance reserves. The company expects that adoption of these new mortality tables will have no immediate impact on earnings. However, higher longevity charges will impact underlying earnings over time. The impact on excess capital above S&P’s capital adequacy requirements is currently estimated to be less than EUR 250 million.

Page 5 of 21

APPENDIX I • Americas •The Netherlands •United Kingdom •New Markets

FINANCIAL OVERVIEW, Q3 2010 GEOGRAPHICALLY

EUR millions	Americas			The Netherlands			United Kingdom			New Markets			Holding, other activities & eliminations			Total
Underlying earnings before tax by line of business
Life		181			51			27			20			—			279
Individual savings and retirement products		112			—			—			5			—			117
Pensions		77			42			1			4			—			124
Life reinsurance		4			—			—			—			—			4
Non-life		—			3			—			(1	)		—			2
Distribution		—			2			—			—			—			2
Asset Management		—			—			—			13			—			13
Other		—			—			—			—			(83	)		(83	)
Share in underlying earnings before tax of associates		2			(1	)		—			14			—			15
Underlying earnings before tax		376			97			28			55			(83	)		473
Fair value items		87			184			2			(9	)		(60	)		204
Realized gains / (losses) on investments		92			35			—			2			—			129
Impairment charges		(85	)		(4	)		(3	)		—			—			(92	)
Other income / (charges)		(1	)		—			15			(5	)		(23	)		(14	)
Run-off businesses		(28	)		—			—			—			—			(28	)
Income before tax		441			312			42			43			(166	)		672
Income tax		39			(75	)		11			(13	)		23			(15	)
Net income		480			237			53			30			(143	)		657
Net underlying earnings		284			88			62			41			(80	)		395
EMPLOYEE NUMBERS
	Sept. 30, 2010			June 30, 2010
Employees excluding agents		24,730			25,127
Agents		3,147			3,011
Total number of employees excluding Associates		27,877			28,138
AEGON’s share of employees (including agents) in Associates		3,157			3,320
Total		31,034			31,458

Page 6 of 21

AMERICAS

USD millions	Notes	Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
Underlying earnings before tax by line of business
Life and protection			220			241			(9	)		244			(10	)		655			666			(2	)
Fixed annuities			112			125			(10	)		78			44			358			218			64
Variable annuities			29			50			(42	)		57			(49	)		148			(398	)		—
Retail mutual funds			3			—			—			(3	)		—			3			(13	)		—
Individual savings and retirement products			144			175			(18	)		132			9			509			(193	)		—
Employer solutions & pensions			101			95			6			47			115			282			153			84
Life reinsurance			4			33			(88	)		20			(80	)		79			7			—
Canada			13			15			(13	)		5			160			39			11			—
Latin America			2			1			100			—			—			4			(4	)		—
Underlying earnings before tax			484			560			(14	)		448			8			1,568			640			145
Fair value items			117			(39	)		—			(133	)		—			(42	)		99			—
Realized gains / (losses) on investments			121			21			—			(63	)		—			175			(64	)		—
Impairment charges			(111	)		(73	)		(52	)		(287	)		61			(375	)		(1,106	)		66
Other income / (charges)			—			(140	)		—			(5	)		—			(140	)		(4	)		—
Run- off businesses			(35	)		(62	)		44			(44	)		20			(180	)		46			—
Income before tax			576			267			116			(84	)		—			1,006			(389	)		—
Income tax			52			(12	)		—			316			(84	)		94			820			(89	)
Net income			628			255			146			232			171			1,100			431			155
Net income / (loss) attributable to:
Equity holders of AEGON N.V.			628			255			146			232			171			1,100			431			155
Net underlying earnings			367			412			(11	)		408			(10	)		1,187			594			100
Commissions and expenses			1,167			961			21			1,310			(11	)		3,483			3,906			(11	)
of which operating expenses			472			484			(2	)		545			(13	)		1,457			1,690			(14	)
New life sales
Life single premiums			369			279			32			193			91			842			422			100
Life recurring premiums annualized			184			184			—			189			(3	)		551			538			2
Total recurring plus 1/10 single			221			212			4			208			6			635			580			9
Life & protection			147			134			10			132			11			402			356			13
Employer solutions & pensions			6			4			50			5			20			19			23			(17	)
Life reinsurance			41			46			(11	)		49			(16	)		134			148			(9	)
Canada			15			16			(6	)		16			(6	)		46			41			12
Latin America			12			12			—			6			100			34			12			183
Total recurring plus 1/10 single			221			212			4			208			6			635			580			9
New premium production accident and health insurance			179			180			(1	)		178			1			543			574			(5	)
Gross deposits (on and off balance) by line of business
Life & protection			2			3			(33	)		3			(33	)		8			8			—
Fixed annuities			164			124			32			687			(76	)		473			4,089			(88	)
Variable annuities			956			1,028			(7	)		861			11			2,793			2,587			8
Retail mutual funds			861			957			(10	)		730			18			2,794			1,549			80
Individual savings & retirement products			1,981			2,109			(6	)		2,278			(13	)		6,060			8,225			(26	)
Employer solutions & pensions			3,975			4,311			(8	)		3,729			7			13,503			11,843			14
Life reinsurance			—			1			—			1			—			2			2			—
Canada			100			118			(15	)		62			61			504			206			145
Total gross deposits excluding run-off businesses			6,058			6,542			(7	)		6,073			—			20,077			20,284			(1	)
Run- off businesses			—			—			—			103			—			—			1,282			—
Total gross deposits			6,058			6,542			(7	)		6,176			(2	)		20,077			21,566			(7	)
Net deposits (on and off balance) by line of business
Life & protection			(12	)		(12	)		—			(12	)		—			(39	)		(46	)		15
Fixed annuities			(584	)		(653	)		11			(88	)		—			(1,780	)		1,376			—
Variable annuities			225			217			4			208			8			419			603			(31	)
Retail mutual funds			233			357			(35	)		239			(3	)		1,008			95			—
Individual savings & retirement products			(126	)		(79	)		(59	)		359			—			(353	)		2,074			—
Employer solutions & pensions			1,030			1,264			(19	)		605			70			3,680			2,858			29
Life reinsurance			(14	)		(15	)		7			(17	)		18			(44	)		(55	)		20
Canada			(191	)		(197	)		3			(69	)		(177	)		(870	)		(187	)		—
Total net deposits excluding run-off businesses			687			961			(29	)		866			(21	)		2,374			4,644			(49	)
Run-off businesses			(1,370	)		(2,317	)		41			(4,651	)		71			(6,730	)		(10,425	)		35
Total net deposits			(683	)		(1,356	)		50			(3,785	)		82			(4,356	)		(5,781	)		25

Page 7 of 21

AMERICAS

¡	Underlying earnings before tax increase 8% to USD 484 million
¡	Net income more than doubles to USD 628 million
¡	New life sales of USD 221 million and gross deposits stable at USD 6.1 billion

Underlying earnings before tax

¡	Earnings from Life & Protection in the Americas declined to USD 220 million as the comparable quarter last year benefited from favorable mortality experience.
¡	Individual Savings & Retirement earnings increased to USD 144 million. Fixed annuity earnings rose as the comparable quarter last year contained an exceptional charge, however, earnings are expected to trend downward as the product is de-emphasized. Variable annuity earnings were negatively impacted by USD 28 million as charges of USD 56 million related to updated policyholder behavior assumptions were only partly offset by reserve releases. Mutual funds returned to profitability as a result of continued net inflows and higher equity markets.
¡	Earnings from Employer Solutions & Pensions doubled to USD 101 million, mainly due to strong growth in the business, improved financial markets, expense savings and a USD 13 million reserve release related to the synthetic GIC business.
¡	Life Reinsurance earnings decreased to USD 4 million due mainly to an exceptional charge of USD 22 million relating to the changes in variable annuity policyholder behavior assumptions.
¡	Earnings from AEGON’s operations in Canada increased to USD 13 million in the third quarter. Earnings from the same quarter last year included an exceptional charge.

Net income

Net income from AEGON’s operations in the Americas increased to USD 628 million in the third quarter, mainly the result of lower impairments, improved results from fair value items and realized gains on investments.

Results from fair value items increased considerably compared with the same quarter last year to USD 117 million driven primarily by improved net hedge results as the loss from the macro equity hedge was more than offset by the effect of favorable equity markets on guarantees and a USD 12 million positive effect related to the changes in variable annuity GMWB policyholder behavior assumptions.

During the third quarter, trading in AEGON’s investment portfolio led to realized gains of USD 121 million, relating primarily to the sale of corporate investment grade bonds.

Net impairments for the quarter amounted to USD 111 million and were mostly linked to residential mortgage-backed securities. Compared with the previous quarter, gross impairments remained at the same level, while recoveries declined.

AEGON’s run-off businesses in the Americas recorded a loss in the third quarter of USD 35 million, an improvement over recent quarters.

Net income from AEGON’s operations in the Americas also included a tax benefit in the third quarter of USD 52 million. This benefit included USD 61 million in tax benefits related to cross-border intercompany reinsurance transactions between the United States and Ireland and tax benefits of USD 129 million resulting from the utilization of tax losses for which previously no deferred tax asset was recognized.

Operating expenses

Operating expenses declined 13% to USD 472 million as a result of lower employee benefit plan costs, the transfer of asset management activities to AEGON Asset Management and expense savings. On a comparable basis, operating expenses declined 4% year-on-year.

Sales and deposits

New life sales in the third quarter amounted to USD 221 million. New premium production for accident and health remained stable at USD 179 million.

Gross deposits, excluding run-off businesses, remained level with the comparable quarter last year at USD 6.1 billion as higher pension, mutual fund and

Page 8 of 21

variable annuity deposits were offset by a strong decrease in fixed annuity deposits, as the product is de-emphasized. Net deposits, excluding run-off businesses, totaled USD 0.7 billion as the pensions business in particular benefited from higher retention levels.

Value of new business

Value of new business declined to USD 66 million as a result of lower sales of fixed annuities, lower margins in the life insurance businesses and a change in business mix. The internal rate of return for the quarter was unchanged at 12%.

Revenue-generating investments

Compared with the second quarter 2010, revenue-generating investments increased to USD 317 billion as new money inflows and the effect of higher bond and equity markets offset outflows from AEGON’s run-off businesses.

REVENUE-GENERATING INVESTMENTS

	Sept. 30, 2010		June 30, 2010		%
Revenue-generating investments (total)		316,655		301,630		5
Investments general account		129,925		126,348		3
Investments for account of policyholders		75,255		69,401		8
Off balance sheet investments third parties		111,475		105,881		5

Page 9 of 21

THE NETHERLANDS

EUR millions	Notes	Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
Underlying earnings before tax by line of business
Life and Savings			51			42			21			53			(4	)		132			146			(10	)
Pensions			42			29			45			38			11			118			121			(2	)
Non life			3			19			(84	)		7			(57	)		29			20			45
Distribution			2			6			(67	)		3			(33	)		19			15			27
Share in underlying earnings before tax of associates			(1	)		1			—			1			—						1			—
Underlying earnings before tax			97			97			—			102			(5	)		298			303			(2	)
Fair value items			184			68			171			(45	)		—			343			(343	)		—
Realized gains / (losses) on investments			35			23			52			50			(30	)		154			173			(11	)
Impairment charges			(4	)		(6	)		33			(12	)		67			(11	)		(118	)		91
Other income / (charges)			—			33			—			—			—			33			—			—
Income before tax			312			215			45			95			—			817			15			—
Income tax			(75	)		(45	)		(67	)		(21	)		—			(187	)		22			—
Net income			237			170			39			74			—			630			37			—
Net income / (loss) attributable to:
Equity holders of AEGON N.V.			237			170			39			74			—			630			37			—
Net underlying earnings			88			57			54			78			13			222			226			(2	)
Commissions and expenses			248			263			(6	)		279			(11	)		775			860			(10	)
of which operating expenses			179			182			(2	)		206			(13	)		543			615			(12	)
New life sales
Life single premiums			176			241			(27	)		329			(47	)		814			865			(6	)
Life recurring premiums annualized			14			18			(22	)		20			(30	)		54			60			(10	)
Total recurring plus 1/10 single			32			41			(22	)		52			(38	)		135			146			(8	)
Life and Savings			18			21			(14	)		19			(5	)		66			61			8
Pensions			14			20			(30	)		33			(58	)		69			85			(19	)
Total recurring plus 1/10 single			32			41			(22	)		52			(38	)		135			146			(8	)
New premium production accident and health insurance			5			4			25			3			67			20			13			54
New premium production general insurance			6			6			—			6			—			20			19			5
Gross deposits (on and off balance) by line of business
Life and Savings			416			534			(22	)		978			(57	)		1,633			2,015			(19	)
Pensions			109			90			21			167			(35	)		259			312			(17	)
Total gross deposits			525			624			(16	)		1,145			(54	)		1,892			2,327			(19	)
Net deposits (on and off balance) by line of business
Life and Savings			(139	)		50			—			440			—			(7	)		416			—
Pensions			56			5			—			(85	)		—			46			164			(72	)
Total net deposits			(83	)		55			—			355			—			39			580			(93	)

Page 10 of 21

THE NETHERLANDS

¡	Underlying earnings before tax amount to EUR 97 million
¡	Net income rises to EUR 237 million driven by favorable fair value items
¡	New life sales decline to EUR 32 million due to continued volatility in group pensions market

Underlying earnings before tax

¡	Earnings from AEGON’s Life & Savings operations in the Netherlands declined slightly to EUR 51 million in the third quarter. Lower costs in the life insurance business were more than offset by a loss of earnings following the sale of AEGON’s Dutch funeral insurance business earlier this year and lower margins on savings account balances.
¡	Earnings from the Pensions business increased to EUR 42 million mainly as a result of strict cost control.
¡	Non-life earnings decreased to EUR 2 million as a result of an increase in disability insurance claims and the impact of a severe storm in the Netherlands earlier this year.

Net income

Net income from AEGON’s businesses in the Netherlands increased to EUR 237 million in the third quarter. Fair value items improved considerably to EUR 184 million, the result mainly of an increase in the fair value of guarantees net of related hedges. Gains on investments amounted to EUR 35 million, due primarily to sales of high yield and emerging market debt. Impairments during the quarter amounted to just EUR 4 million.

Operating expenses

Operating expenses declined 13% to EUR 179 million. This was the result of a combination of cost savings, the transfer of asset management activities to AEGON Asset Management and the sale of the real estate brokerage business. On a comparable basis operating expenses in the third quarter declined 12%.

Sales and deposits

New life sales declined to EUR 32 million, mainly as a result of lower group pension sales. The current low interest rate environment had a major impact on the group pension market. However, sales in the SME pension market continue to hold up well. In the individual life insurance market, AEGON increased its market share to 10% in the third quarter as the company is able to sell these products in conjunction with mortgage loans, while sales for the Dutch individual market as a whole have come down considerably.

Value of new business

A combination of lower sales and a decrease in margins led to a decline in the value of new business in the third quarter to EUR 23 million. The internal rate of return on new business amounted to 16%, comfortably exceeding the company’s minimum hurdle rate of 11%.

Revenue-generating investments

Revenue-generating investments increased 7% compared with the second quarter to EUR 74 billion, primarily the result of higher bond and equity markets.

REVENUE-GENERATING INVESTMENTS

	Sept. 30, 2010		June 30, 2010		%
Revenue-generating investments (total)		73,843		69,091	7
Investments general account		37,457		35,203	6
Investments for account of policyholders		23,869		23,605	1
Off balance sheet investments third parties		12,517		10,283	22

Page 11 of 21

UNITED KINGDOM

GBP millions	Notes		Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
Underlying earnings before tax by line of business
Life				23			15			53			10			130			56			28			100
Pensions				—			5			—			(14	)		—			14			(2	)		—
Distribution				1			(2	)		—			(3	)		—			(3	)		(8	)		63
Underlying earnings before tax				24			18			33			(7	)		—			67			18			—
Fair value items				1			(11	)		—			5			(80	)		(8	)		19			—
Realized gains / (losses) on investments				—			3			—			27			—			5			46			(89	)
Impairment charges				(2	)		(1	)		(100	)		(71	)		97			(10	)		(114	)		91
Other income / (charges)		8		12			19			(37	)		43			(72	)		52			51			2
Income before tax				35			28			25			(3	)		—			106			20			—
Income tax attributable to policyholder return				(23	)		(19	)		(21	)		(44	)		48			(63	)		(51	)		(24	)
Income before income tax on shareholders return				12			9			33			(47	)		—			43			(31	)		—
Income tax on shareholders return				32			15			113			17			88			45			26			73
Net income				44			24			83			(30	)		—			88			(5	)		—
Net income / (loss) attributable to:
Equity holders of AEGON N.V.				44			24			83			(30	)		—			88			(5	)		—
Net underlying earnings				52			31			68			(2	)		—			105			30			—
																—
Commissions and expenses				179			181			(1	)		160			12			530			482			10
of which operating expenses				102			95			7			106			(4	)		292			303			(4	)
New life sales		9
Life single premiums				859			1,050			(18	)		1,008			(15	)		3,048			3,086			(1	)
Life recurring premiums annualized				133			158			(16	)		111			20			412			366			13
Total recurring plus 1/10 single				219			263			(17	)		212			3			717			675			6
Life				17			23			(26	)		40			(58	)		66			152			(57	)
Pensions				202			240			(16	)		172			17			651			523			24
Total recurring plus 1/10 single				219			263			(17	)		212			3			717			675			6
Gross deposits (on and off balance) by line of business
Variable annuities				13			16			(19	)		25			(48	)		61			126			(52	)
Total gross deposits				13			16			(19	)		25			(48	)		61			126			(52	)
Net deposits (on and off balance) by line of business
Variable annuities				1			9			(89	)		18			(94	)		35			108			(68	)
Total net deposits				1			9			(89	)		18			(94	)		35			108			(68	)

Page 12 of 21

UNITED KINGDOM

¡	Underlying earnings before tax increase to GBP 24 million
¡	Net income improves to GBP 44 million mainly as a result of lower impairments
¡	New life sales gain 3% to GBP 219 million on higher sales of group pensions

Underlying earnings before tax

¡	Earnings from Life increased to GBP 23 million in the third quarter, driven by growth of the annuity book in previous periods and lower expenses following the closure of the Employee Benefits business.
¡	Results from Pensions improved as the benefits of further business growth and improved equity and credit markets were more than offset by the transfer of asset management activities to AEGON Asset Management, higher deferred policy acquisition costs amortization and higher expenses associated with positioning the business for the future. Also, the third quarter last year included a GBP 38 million charge relating to a program to improve consistency of customer records.
¡	Earnings from AEGON’s distribution businesses improved as a result of further cost savings and improved market conditions.

Net income

Net income from AEGON’s operation in the United Kingdom improved significantly to GBP 44 million in the third quarter, driven by higher underlying earnings before tax and lower impairments. Impairment charges for the quarter totaled just GBP 2 million. Gains on investments declined compared with the third quarter last year. Net income also included a tax credit, mainly driven by a GBP 25 million positive impact from the reduction of the corporate tax rate from 28% to 27% effective from 1 April, 2011 with consequential impact on deferred taxes.

Operating expenses

Operating expenses declined to GBP 102 million, mainly as a result of further cost savings and the transfer of asset management activities at the beginning of the year to AEGON Asset Management, partly offset by project related costs and charges relating to the restructuring of the UK business of GBP 11 million. In June, AEGON announced to re-focus its UK life and pensions business on two core markets – At Retirement and Workplace Savings – and to reduce operating cost by 25% by end 2011. It is expected that further restructuring charges will arise in the coming quarters.

Sales and deposits

New life sales increased 3% to GBP 219 million as higher sales of group pensions, primarily driven by market growth, offset a decline in annuities following earlier repricing. In addition, the comparable quarter last year included existing AEGON group personal pension business that was transferred internally to new group pension contracts. AEGON has decided not to include these rewrites as part of new business reporting as this gives a clearer indication of new premium secured.

Value of new business

Value of new business in the United Kingdom declined to GBP 16 million for the third quarter due to a decrease in immediate annuity sales following earlier repricing and lower margins. The internal rate of return on new business during the quarter was 11%.

Revenue-generating investments

Revenue-generating investments increased to GBP 56 million compared with the end of the previous quarter mainly as a result of higher equity markets during the quarter.

REVENUE-GENERATING INVESTMENTS

	Sept. 30, 2010		June 30, 2010		%
Revenue-generating investments (total)		55,990		51,738	8
Investments general account		8,265		7,856	5
Investments for account of policyholders		47,725		43,882	9

Page 13 of 21

NEW MARKETS

EUR millions	Notes	Q3 2010			Q2 2010			%			Q3 2009			%			YTD 2010			YTD 2009			%
Underlying earnings before tax
Central Eastern Europe			20			19			5			33			(39	)		66			88			(25	)
Asia			(10	)		(11	)		9			(2	)		—			(27	)		(8	)		—
Spain & France			24			19			26			15			60			63			47			34
Variable Annuities Europe			8			1			—			(4	)		—			7			(5	)		—
AEGON Asset Management			13			12			8			—			—			32			—			—
Underlying earnings before tax			55			40			38			42			31			141			122			16
Fair value items			(9	)		(4	)		(125	)		(2	)		—			(10	)		5			—
Realized gains / (losses) on investments			2			8			(75	)		2			—			13			5			160
Impairment charges			—			(9	)		—			(1	)		—			(11	)		(6	)		(83	)
Other income / (charges)			(5	)		(11	)		55			2			—			(16	)		(383	)		96
Income before tax			43			24			79			43			—			117			(257	)		—
Income tax			(13	)		(9	)		(44	)		(16	)		19			(35	)		(51	)		31
Net income			30			15			100			27			11			82			(308	)		—
Net income / (loss) attributable to:
Equity holders of AEGON N.V.			30			15			100			27			11			81			(308	)		—
Minority Interest			—			—			—			—			—			1			—			—
Net underlying earnings			41			30			37			29			41			103			74			39
Commissions and expenses			175			169			4			94			86			519			290			79
of which operating expenses			134			127			6			55			144			394			165			139
New life sales
Life single premiums			156			234			(33	)		54			189			498			388			28
Life recurring premiums annualized			44			51			(14	)		44			—			150			172			(13	)
Total recurring plus 1/10 single			60			74			(19	)		50			20			200			211			(5	)
Life			50			66			(24	)		39			28			169			137			23
Associates			10			8			25			11			(9	)		31			74			(58	)
Total recurring plus 1/10 single			60			74			(19	)		50			20			200			211			(5	)
Central Eastern Europe			26			24			8			21			24			69			54			28
Asia			9			9			—			7			29			28			27			4
Spain & France			25			41			(39	)		22			14			103			130			(21	)
Total recurring plus 1/10 single			60			74			(19	)		50			20			200			211			(5	)
New premium production accident and health insurance			1			4			(75	)		1			—			9			4			125
New premium production general insurance			8			9			(11	)		6			33			23			16			44
Gross deposits (on and off balance)
Central Eastern Europe			242			249			(3	)		198			22			717			566			27
Asia			8			10			(20	)		—			—			43			4			—
Spain & France			10			12			(17	)		10			—			66			29			128
Variable Annuities Europe			167			175			(5	)		136			23			530			462			15
AEGON Asset Management			3,734			1,341			178			1,182			—			6,185			2,579			140
Total gross deposits			4,161			1,787			133			1,526			173			7,541			3,640			107
Net deposits (on and off balance)
Central Eastern Europe			154			149			3			98			57			372			304			22
Asia			8			9			(11	)		—			—			42			2			—
Spain & France			(11	)		4			—			(5	)		(120	)		18			(17	)		—
Variable Annuities Europe			71			47			51			13			—			197			108			82
AEGON Asset Management			3,071			(22	)		—			647			—			2,972			(129	)		—
Total net deposits			3,293			187			—			753			—			3,601			268			—

Page 14 of 21

NEW MARKETS

¡	Underlying earnings before tax up 31% to EUR 55 million
¡	Net income up 11% to EUR 30 million, driven by higher underlying earnings before tax
¡	New life sales up 20% to EUR 60 million

Underlying earnings before tax

- Earnings from Central & Eastern Europe declined to EUR 20 million for the third quarter due to EUR 10 million of claims relating to storms and floods earlier this year.

- AEGON’s operations in Asia recorded a loss of EUR 10 million as a result of continued investments in the company’s joint ventures in China, India and Japan.

- Earnings from Spain and France increased to EUR 24 million mainly as a result of higher contributions from La Mondiale, AEGON’s associate in France.

- Earnings from Variable Annuities Europe increased to EUR 8 million. These results included a correction of EUR 5 million as some elements previously included in underlying earnings are now incorporated in fair value items.

- Earnings from asset management amounted to EUR 13 million.

Net income

Net income from New Markets rose 11% to EUR 30 million for the third quarter, due mainly to higher underlying earnings before tax. There was however an increase in losses from fair value items, as a result of lower interest rates and an adjustment to previous quarters. These items have now been incorporated into underlying earnings before tax.

Operating expenses

Operating expenses for the third quarter amounted to EUR 134 million, an increase compared with the same quarter last year due to the inclusion of AEGON Asset Management in New Markets. Compared with the second quarter of this year, operating expenses were up 6% due to continued investments in growth of the business in Asia.

Sales and deposits

New life sales rose 20% to EUR 60 million in the third quarter as a result of good sales growth in Central & Eastern Europe, Asia and Spain.

- In Central & Eastern Europe, total new life sales increased 24% to EUR 26 million as a result of strong single premium sales in Poland and continued growth in Hungary.

- In Asia, new life sales were 29% higher at EUR 9 million as both China and India reported increased sales. Recently, AEGON-Religare opened its 100^th branch office in India.

- New life sales in Spain and France were up 14% to EUR 25 million as somewhat lower production from CAM, one of AEGON’s local savings bank partners, was more than offset by sales growth recorded at the company’s other partners in Spain.

New premium production from AEGON’s general insurance businesses increased to EUR 8 million in the third quarter, the result primarily of continued household and motor insurance sales in Hungary. From July 1, 2010, AEGON has started to offer household insurance to customers in Slovakia, leveraging on the expertise of the company’s existing Hungarian non-life business.

Gross deposits from New Markets increased substantially to EUR 4.2 billion, the result of new mandates and an improvement in sales of retail funds at AEGON Asset Management.

Value of new business

Value of new business in New Markets was up 29% to EUR 27 million in the quarter due to higher contributions from Central & Eastern Europe, Variable Annuities Europe and Asia. The internal rate of return remained high at 34%.

Page 15 of 21

Revenue-generating investments

Revenue-generating investments rose 13% compared with the second quarter this year to EUR 33 billion driven by new asset management deposits and stronger financial markets.

Market developments

In Hungary, the Parliament passed laws that would suspend money transfers to the pension funds’ clients’ accounts and redirect them to the State budget, with the aim to reduce the budget deficit. The new regulation is planned to remain in force until December 31, 2011. The new law will also open the door for pension fund customers to step back to the public non-funded pension pillar. AEGON is assessing the potential impact on the current pension and distribution model.

In Poland, the Government plans to amend pension fund legislation as well. The main changes would be a lower contribution fee, special requirements on minimum mandatory capital and solvency margin, and the creation of three pension funds with distinct risk profiles (conservative, balanced, aggressive). AEGON is not in a position to speculate about the potential impact on its business.

REVENUE-GENERATING INVESTMENTS

	Sept. 30, 2010		June 30, 2010		%
Revenue-generating investments (total)		33,459		29,692		13
Investments general account		2,890		2,900		—
Investments for account of policyholders		5,934		5,882		1
Off balance sheet investments third parties		24,635		20,910		18

Page 16 of 21

FINANCIAL OVERVIEW, 2010 YEAR-TO-DATE GEOGRAPHICALLY

EUR millions	Americas			The Netherlands			United Kingdom			New Markets			Holding, other activities  & eliminations			Total
Underlying earnings before tax by line of business
Life		526			132			65			61			—			784
Individual savings and retirement products		389			—			—			(6	)		—			383
Pensions		214			118			17			12			—			361
Life reinsurance		60			—			—			—			—			60
Non-life		—			29			—			8			—			37
Distribution		—			19			(4	)		—			—			15
Asset Management		—			—			—			32			—			32
Other		—			—			—			—			(226	)		(226	)
Associates		3			—			—			34			—			37
Underlying earnings before tax		1,192			298			78			141			(226	)		1,483
Fair value items		(32	)		343			(9	)		(10	)		(101	)		191
Realized gains / (losses) on investments		133			154			6			13			97			403
Impairment charges		(285	)		(11	)		(12	)		(11	)		—			(319	)
Other income / (charges)		(106	)		33			61			(16	)		(23	)		(51	)
Run-off businesses		(137	)		—			—			—			—			(137	)
Income before tax		765			817			124			117			(253	)		1,570
Income tax		71			(187	)		(21	)		(35	)		44			(128	)
Net income		836			630			103			82			(209	)		1,442
Net underlying earnings		902			222			123			103			(184	)		1,166

Page 17 of 21

APPENDIX II

VALUE OF NEW BUSINESS AND IRR

EUR millions, after tax			VNB Q3 2010		VNB Q2 2010		%			VNB Q3 2009		%			VNB YTD 2010		VNB YTD 2009			%
Americas				51		62		(18	)		63		(19	)		165		207			(20	)
The Netherlands				23		30		(23	)		51		(55	)		102		118			(14	)
United Kingdom				19		24		(21	)		34		(44	)		56		137			(59	)
New Markets				27		32		(16	)		21		29			91		88			3
Total				120		148		(19	)		169		(29	)		414		551			(25	)
			IRR %		IRR%					IRR%
EUR millions, after tax			Q3 2010		Q2 2010					Q3 2009
Americas				12.1		12.9					12.1
The Netherlands				16.2		17.0					21.8
United Kingdom				11.4		11.9					13.4
New Markets				34.1		35.3					37.6
Total				17.8		18.4					18.5
MODELED NEW BUSINESS, APE AND DEPOSITS
			Premium business												Premium business
			APE												APE
EUR millions	Notes		Q3 2010		Q2 2010		%			Q3 2009		%			YTD 2010		YTD 2009			%
		10
Americas				275		266		3			251		10			787		762			3
The Netherlands				38		58		(34	)		87		(56	)		189		209			(10	)
United Kingdom				254		303		(16	)		247		3			823		820			—
New Markets				80		97		(18	)		60		33			257		278			(8	)
Total				647		724		(11	)		645		—			2,055		2,068			(1	)
			Deposit business												Deposit business
			Deposits												Deposits
EUR millions	Notes		Q3 2010		Q2 2010		%			Q3 2009		%			YTD 2010		YTD 2009			%
		10
Americas				4,131		4,325		(4	)		4,367		(5	)		12,381		14,731			(16	)
United Kingdom				16		17		(6	)		—		—			67		—			—
New Markets				231		303		(24	)		95		143			841		417			102
Total				4,378		4,645		(6	)		4,462		(2	)		13,290		15,148			(12	)
VNB/PVNBP SUMMARY
			Premium business									Premium business
			VNB		PVNBP		VNB / PVNBP			VNB / APE		VNB			PVNBP		VNB / PVNBP			VNB / APE
EUR millions	Notes		Q3 2010				%			%		YTD 2010					%			%
		11
Americas				32		1,221		2.6			11.6		96			3,462		2.8			12.2
The Netherlands				23		286		8.0			59.5		102			1,377		7.4			54.2
United Kingdom				19		1,529		1.2			7.5		56			5,450		1.0			6.8
New Markets				20		626		3.1			24.3		68			2,016		3.4			26.5
Total				93		3,662		2.5			14.4		323			12,305		2.6			15.7
			Deposit business									Deposit business
			VNB		PVNBP		VNB / PVNBP			VNB / Deposits		VNB			PVNBP		VNB / PVNBP			VNB / Deposits
EUR millions	Notes		Q3 2010				%			%		YTD 2010					%			%
		11
Americas				19		5,249		0.4			0.5		69			16,991		0.4			0.6
United Kingdom				—		16		0.7			0.7		—			67		(0.3	)		(0.3	)
New Markets				8		417		1.9			3.4		22			1,365		1.6			2.7
Total				27		5,682		0.5			0.6		92			18,423		0.5			0.7

Page 18 of 21

Notes:

¹⁾ For a definition of underlying earnings and the reconciliation from underlying earnings to income before tax we refer to Note 3 “Segment information” of our Condensed consolidated interim financial statements.

²⁾ Net income refers to net income attributable to equity holders of AEGON N.V. and minority interest.

³⁾ New life sales is defined as new recurring premiums + 1/10 of single premiums.

⁴⁾ Deposits on and off balance sheet. Run-off businesses includes results of business units where management has decided to exit the market and to run-off the existing block of business.

⁵⁾ The present value of future distributable earnings on the block of business sold in the reporting period. Value of new business is calculated using beginning of year economic assumptions and assumptions outside of management control, and beginning of quarter operating assumptions.

⁶⁾ Return on equity is calculated by dividing the net underlying earnings after cost of leverage by the average shareholders’ equity excluding the preferred shares and the revaluation reserve.

⁷⁾ Capital securities that are denominated in foreign currencies are, for purposes of calculating the capital base ratio, revalued to the period-end exchange rate. All ratios exclude AEGON’s revaluation reserve.

⁸⁾ Included in other income/(charges) are charges made to policyholders with respect to income tax in the United Kingdom.

⁹⁾ Includes production on investment contracts without a discretionary participation feature of which the proceeds are not recognized as revenues but are directly added to our investment contract liabilities.

¹⁰⁾ APE = recurring premium + 1/10 single premium.

¹¹⁾ PVNBP: Present Value New Business Premium.

a) The calculation of the IGD (Insurance Group Directive) capital surplus and ratio are based on Solvency I capital requirements on IFRS for entities within the EU (Pillar 1 for AEGON UK), and local regulatory solvency measurements for non-EU entities. Specifically, required capital for the life insurance companies in the US is calculated as two times the upper end of the Company Action Level range (200%) as applied by the National Association of Insurance Commissioners in the US. The calculation of the IGD ratio excludes the available and required capital of the UK With-Profit funds. In the UK solvency surplus calculation the local regulator only allows the available capital number of the With-Profit funds included in overall local available capital to be equal to the amount of With-Profit funds’ required capital.

b) The results in this release are unaudited.

Currencies

Income statement items: average rate 1 EUR = USD 1.3154 (2009: USD 1.3720).

Income statement items: average rate 1 EUR = GBP 0.8572 (2009: GBP 0.8855).

Balance sheet items: closing rate 1 EUR = USD 1.3648 (2009: USD 1.4643; year-end 2009: USD 1.4406).

Balance sheet items: closing rate 1 EUR = GBP 0.8599 (2009: GBP 0.9093; year-end 2009: GBP 0.8881).

Page 19 of 21

ADDITIONAL INFORMATION

The Hague, November 11, 2010

Media conference call

08:00 CET

Audio webcast on www.aegon.com

Analyst & investor conference call

09:00 CET

Audio webcast on www.aegon.com

Call-in numbers:

NL     + 31 45 6316901

UK    + 44-207-153-2027

USA  +1-480-629-9726

Replay

A replay of the conference call will be available 2 hours after the conference call on www.aegon.com and on the following phone numbers:

UK +44 207 154 2833: Access Code: 4372526#

US +1 303 590 3030: Access Code: 4372526#

Supplements

AEGON’s Q3 2010 Financial Supplement and Condensed Consolidated Interim Financial Statements are available on www.aegon.com.

About AEGON

As an international life insurance, pension and investment company based in The Hague, AEGON has businesses in over twenty markets in the Americas, Europe and Asia. AEGON companies employ approximately 28,000 people and have some 40 million customers across the globe.

Key figures - EUR	Third quarter 2010		Full year 2009
Underlying earnings before tax		473 million		1.2 billion
New life sales		527 million		2.1 billion
Gross deposits (excl. run-off)		9.4 billion		28 billion
Revenue generating investments (end of period)		405 billion		363 billion

Contact information

Media relations: Greg Tucker

+31(0)70 344 8956

gcc-ir@aegon.com

Investor relations: Gerbrand Nijman

+31 (0)70 344 8305

877 548 9668 – toll free USA only

ir@aegon.com

www.aegon.com

Page 20 of 21

Cautionary note regarding non-GAAP measures

This press release includes certain non-GAAP financial measures: underlying earnings before tax and value of new business. The reconciliation of underlying earnings before tax to the most comparable IFRS measure is provided in Note 3 “Segment information” of our Condensed consolidated interim financial statements. Value of new business is not based on IFRS, which are used to report AEGON’s quarterly statements and should not viewed as a substitute for IFRS financial measures. AEGON believes that these non-GAAP measures, together with the IFRS information, provide a meaningful measure for the investment community to evaluate AEGON’s business relative to the businesses of our peers.

Local currencies and constant currency exchange rates

This press release contains certain information about our results and financial condition in USD for the Americas and GBP for the United Kingdom, because those businesses operate and are managed primarily in those currencies. Certain comparative information presented on a constant currency basis eliminates the effects of changes in currency exchange rates. None of this information is a substitute for or superior to financial information about us presented in EUR, which is the currency of our primary financial statements.

Forward-looking statements

The statements contained in this press release that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, is confident, will, and similar expressions as they relate to our company. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. We undertake no obligation to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

¡	Changes in general economic conditions, particularly in the United States, the Netherlands and the United Kingdom;
¡	Changes in the performance of financial markets, including emerging markets, such as with regard to:
	-	The frequency and severity of defaults by issuers in our fixed income investment portfolios; and
	-	The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities we hold;
¡	The frequency and severity of insured loss events;
¡	Changes affecting mortality, morbidity and other factors that may impact the profitability of our insurance products;
¡	Changes affecting interest rate levels and continuing low or rapidly changing interest rate levels;
¡	Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates;
¡	Increasing levels of competition in the United States, the Netherlands, the United Kingdom and emerging markets;
¡	Changes in laws and regulations, particularly those affecting our operations, the products we sell, and the attractiveness of certain products to our consumers;
¡	Regulatory changes relating to the insurance industry in the jurisdictions in which we operate;
¡	Acts of God, acts of terrorism, acts of war and pandemics;
¡	Changes in the policies of central banks and/or governments;
¡	Lowering of one or more of our debt ratings issued by recognized rating organizations and the adverse impact such action may have on our ability to raise capital and on our liquidity and financial condition;
¡	Lowering of one or more of insurer financial strength ratings of our insurance subsidiaries and the adverse impact such action may have on the premium writings, policy retention, profitability of its insurance subsidiaries and liquidity;
¡	The effect of the European Union’s Solvency II requirements and other regulations in other jurisdictions affecting the capital we are required to maintain;
¡	Litigation or regulatory action that could require us to pay significant damages or change the way we do business;
¡	Customer responsiveness to both new products and distribution channels;
¡	Competitive, legal, regulatory, or tax changes that affect the distribution cost of or demand for our products;
¡	The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including our ability to integrate acquisitions and to obtain the anticipated results and synergies from acquisitions;
¡	Our failure to achieve anticipated levels of earnings or operational efficiencies as well as other cost saving initiatives; and
¡	The impact our adoption of the International Financial Reporting Standards may have on our reported financial results and financial condition.

Further details of potential risks and uncertainties affecting the company are described in the company’s filings with Euronext Amsterdam and the US Securities and Exchange Commission, including the Annual Report on Form 20-F. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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