AEGON announces offering of senior notes

AEGON announces offering of USD 500 million of 4.625% senior notes

AEGON announces the offering of USD 500 million senior unsecured notes due
December 1, 2015. The senior notes are being offered under AEGON's existing
shelf registration statement in the United States. The notes, issued at a price
of 99.74, will carry a coupon of 4.625%. The transaction is expected to close
on November 27, 2009.

AEGON intends to use the net proceeds of the offering for general corporate
purposes, including repayment of short-term indebtedness.

The joint bookrunners for the offering are Citibank, Morgan Stanley and Wells
Fargo Securities. A copy of the prospectus for the offering may be obtained
from Citibank Global Markets Inc., 388 Greenwich Street, New York, NY 10013,
United States. In addition, the prospectus will be available on AEGON's
corporate website, www.aegon.com.


This press release shall not constitute an offer to sell or a solicitation of
an offer to buy, nor shall there be any sale of the notes in any state or
jurisdiction in which such offer, solicitation or sale is unlawful prior to
registration or qualification under the securities laws of any such state or
jurisdiction.


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Contact information

Media relations: Greg TuckerInvestor 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.

Press release

NOVEMBER 24, 2009

                                                                               


END

AEGON N.V.