AEGON issues GBP 400 million of 6.625% notes

NOT FOR DISTRIBUTION IN THE USA, CANADA AND JAPAN

AEGON issues GBP 400million of 6.625% notes

AEGON announces the issuance of GBP 400 million in senior unsecured notes, due
December 16, 2039. The notes were issued under the company's USD 6 billion debt
issuance program at a price of 98.87. The notes will carry a coupon of 6.625%.
The transaction is expected to close on December 16, 2009.

Net proceeds from the issue will be used for general corporate purposes and the
redemption of short-term debt.

Copies of the documentation relating to this offering are available on AEGON's
corporate website at www.aegon.com.

The Notes have not been and will not be registered under the United States
Securities Act of 1933 as amended (the 'Securities Act') and are subject to
certain United States tax law requirements. Subject to certain exceptions, the
Notes may not be offered, sold or delivered, directly or indirectly, in the
United States, or to or for the account or benefit of U. persons (as such terms
are defined in Regulation S under the Securities Act). For a further
description of restrictionson offers, sales, resales and deliveries of Notes,
see 'Subscription and Sale' in the Base Prospectus.


Contact information

Media relations: Greg Tucker                 Investor relations: Gerbrand Nijman

[phone]                            [phone]

                                             877 548 9668 - toll free USA only

[e-mail]                             [e-mail]

www.aegon.com

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;
   
  * Effects of deliberations of the European Commission regarding the aid we
    received from the Dutch State in December 2008;
   
  * Changes in the policies of central banks and/or governments;
   
  * 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;
   
  * 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.


DECEMBER 11, 2009

                                                                               


END

AEGON N.V.