Edited Press Release

AMSTERDAM (Dow Jones Newswires)--Rob Routs will take over as Chairman of Aegon's (AEG) Supervisory Board at the Annual General Meeting of Shareholders in April 2010, the company said in a press statement Monday.

Mr. Routs has been a member of Aegon's Supervisory Board since 2008. His current term expires in 2012.

Mr. Routs, 62, a former Executive Director with Royal Dutch Shell PLC., (RDSA.LN) will succeed Dudley Eustace, who will retire in 2010 as chairman of Aegon's Supervisory Board. Mr. Eustace, who joined Aegon's Supervisory Board in 1997 and whose current term ends this year, will be nominated for an additional one-year term at this year's Annual General Meeting of Shareholders on April 22, 2009.

As announced at last year's Annual General Meeting of Shareholders, Mr. Eustace has been asked by the Supervisory Board to stay on as Chairman for an additional year, in light of the number of new members to the Supervisory Board and in order to ensure continuity.

Company Web site: www.aegon.com