FIXED INCOME INVESTMENTS GENERAL ACCOUNT Amounts in EUR millions (unless otherwise stated) FACE VALUE AND TOTAL SUMS INSURED The United Other In % Americas Netherlands Kingdom countries Total of AT DECEMBER 31, 2002 USD EUR GBP EUR EUR total Treasuries/Agencies 6,890 2,294 220 862 10,064 9 High quality (AAA) 13,584 1,608 188 101 14,951 13 High quality (AA) 9,161 689 176 224 9,918 9 Investment grade (A) 28,578 647 311 280 28,657 25 Investment grade (BBB) 25,195 272 81 20 24,441 21 High yield (BB+ or less) 6,705 51 2 5 6,453 6 Mortgages 13,118 4,924 0 8 17,441 15 Others 2,313 307 2 111 2,628 2 TOTAL 105,544 10,792 980 1,611 114,553 100 The United Other In % Americas Netherlands Kingdom countries Total of AT DECEMBER 31, 2003 USD EUR GBP EUR EUR total Treasuries/Agencies 6,387 5,067 224 1,080 11,522 11 High quality (AAA) 16,128 566 209 104 13,737 13 High quality (AA) 7,837 319 183 247 7,031 7 Investment grade (A) 30,061 867 596 357 25,871 24 Investment grade (BBB) 29,106 472 103 7 23,670 22 High yield (BB+ or less) 7,421 62 0 2 5,940 6 Mortgages 14,036 4,675 0 7 15,795 15 Others 2,420 302 1 42 2,261 2 TOTAL 113,396 12,330 1,316 1,846 105,827 100 United Americas Kingdom YEAR 2003 The United Other Total USD GBP LIFE INSURANCE Americas Netherlands Kingdom Hungary Spain countries EUR NEW INSURANCE WRITTEN 94,266 8,017 Individual 83,340 2,015 11,604 512 325 2,659 100,455 12,705 1,466 Group 11,233 4,009 2,122 352 460 0 18,176 106,971 9,483 TOTAL 2003 94,573 6,024 13,726 864 785 2,659 118,631 128,350 5,883 TOTAL 2002 135,562 7,509 9,363 271 218 1,303 154,226 NET INCREASE 105,006 2,378 Individual (82,066) (2,894) (2,072) (94) 271 1,597 (85,258) 2,840 (1,684) Group (7,868) 1,856 (3,761) 216 289 0 (9,268) 107,846 694 TOTAL 2003 (89,934) (1,038) (5,833) 122 560 1,597 (94,526) 180,426 (2,125) TOTAL 2002 8,458 (3,855) (9,599) 28 (429) 1,686 (3,711) TOTAL SUMS INSURED AT YEAR-END 1,126,087 48,355 Individual 891,598 43,144 68,607 1,269 2,228 6,333 1,013,179 65,366 9,891 Group 51,755 69,773 14,033 472 1,003 0 137,036 1,191,453 58,246 TOTAL 2003 943,353 112,917 82,640 1,741 3,231 6,333 1,150,215 1,083,607 57,552 TOTAL 2002 1,033,287 113,955 88,473 1,619 2,671 4,736 1,244,741 AEGON GROUP ANNUAL REPORT 2003 132