RNS Number:3306L
Aegon N.V.
20 May 2003

                                                                         
                                                                   PRESS RELEASE


AEGON APPOINTS BAS SNIJDERS SENIOR VICE-PRESIDENT GROUP TREASURY

AEGON N.V. announced today that it will appoint Bas Snijders (43) Senior
Vice-President for Group Treasury. In this function, he will report to Michiel
van Katwijk.

Bas Snijders has worked for SNS Bank as Director of Funding for over four years.
Under his responsibility the bank significantly expanded its presence in
international capital markets. Before joining SNS, Bas Snijders worked for
Barclays Capital in London and he held various positions in (investment) banking
with ABN AMRO Bank, Chase Manhattan and Barclays.

Bas Snijders will start with AEGON after the summer.

About AEGON

AEGON N.V. is the holding company of one of the world's largest listed insurance
groups ranked by market capitalization and assets. Close to 90% of the existing
business is in life insurance, pensions and related savings and investment
products. The Group is also active in accident and health insurance, general
insurance and limited banking activities. The AEGON Group is a decentralized
multi-domestic corporation. Worldwide over 26,000 people are employed by AEGON.

AEGON is active in three major markets: the United States, the Netherlands and
the United Kingdom. The Group is also present in, among others, Canada, Hungary,
Spain, Belgium, Germany, Ireland, Taiwan and China and has a representative
office in India. Its corporate headquarters are located in The Hague, the
Netherlands.


The Hague, May 20, 2003


Inquiries

AEGON N.V.

Group Communications                            Investor relations
Phone: +31 70 344 83 44                         +31 70 344 83 05



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