3rd Quarter Results

RNS Number:1097F
Aegon N.V.
11 November 2004



*          AEGON REPORTS ON HIGHER FIRST NINE MONTHS 2004 RESULTS

*          ALL MAJOR COUNTRY UNITS CONTRIBUTED TO STRONG GROWTH IN EARNINGS

           INCOME BEFORE REALIZED GAINS AND LOSSES ON SHARES AND REAL ESTATE
           INCREASED 36% TO EUR 1,378 MILLION (46% at constant exchange rates)

*          NET INCOME INCREASED TO EUR 1,238 MILLION COMPARED TO EUR 764 MILLION
           IN 2003

*          REVENUE GENERATING INVESTMENTS AMOUNTED TO EUR 306 BILLION, AN
           INCREASE OF 8% FROM THE BEGINNING OF 2004


The Hague, November 11, 2004 - Today, AEGON reported higher results for the
first nine months of 2004 demonstrating its continued focus on profitable growth
and commitment to its core businesses in life, pensions, savings and investment
products. During the first nine months, AEGON expanded its activities by
establishing new operations and distribution agreements in both existing and
newly developing markets. In Spain, the partnership with CAM has made an
encouraging start. The activities in Slovakia have shown a promising first year
and AEGON has just launched a pension fund company to broaden its activities.
The national cooperation agreement with the Agricultural Bank of China, which
was announced recently, is an important step in enhancing the multi-channel
distribution platform in China. In addition, AEGON sold the majority of the
non-core Transamerica Finance Corporation (TFC) businesses, in early 2004 and
late 2003, and recently closed the sale of TFC's maritime container leasing
company. AEGON expects to sell TFC's European trailer leasing business by the
end of 2004.



"AEGON's strong nine-months earnings demonstrate our commitment to managing our
business for profitability, maintaining our franchise value and delivering
products that serve evolving customer needs", said AEGON's Chairman of the
Executive Board Donald J. Shepard. "This strategy has yielded profitable growth
in all of our major country units."

HIGHLIGHTS                            Third        Third      %  First nine   First nine        %     Constant
                               quarter 2004 quarter 2003        months 2004  months 2003              currency
Amounts in EUR millions,                     as adjusted                     as adjusted              exchange
except per share data                                                                                  rates %

Income before realized gains            489          402    22%       1,378        1,014      36%          46%
and losses on shares and real
estate

Realized gains and losses on            135          101    34%         329        (182)        -            -
shares and real estate

Income before tax                       624          503    24%       1,707          832     105%         124%

Net income before realized              343          336     2%         976          938       4%          13%
gains and losses on shares and
real estate

    - per share                        0.21         0.21     0%        0.61         0.59       3%          13%

Net income                              448          435     3%       1,238          764      62%          78%

    - per share                        0.29         0.28     4%        0.79         0.47      68%          86%



Note: 2003 financial data have been adjusted for the change in accounting
principles related to the discontinuance of the indirect income method for
recognizing gains and losses on shares and real estate and the adoption of SOP
03-1. For details, please refer to page 21 and 22 and/or to our Q1 2004 earnings
release for a reconciliation of 'as reported' to 'as adjusted'.


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AEGON N.V.
Group Corporate Affairs & Investor Relations


The Hague, the Netherlands


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Email                                            [e-mail]



Baltimore, the United States



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Website: www.aegon.com



Analyst and investor conference call
An analyst and investor conference call on the first nine months and the third
quarter 2004 earnings will be held today at 15.00 MET (14.00 GMT; 09.00 a.m. ET)


The listen-only phone numbers for the conference call are as follows:
[phone]                             (the Netherlands)
[phone]                           (United Kingdom)
[phone]                               (United States and Canada)





                      This information is provided by RNS
            The company news service from the London Stock Exchange
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