WEST DES MOINES, Iowa--(BUSINESS WIRE)--Nov. 25, 2009-- American Equity Investment Life Holding Company (NYSE: AEL), today announced that its Board of Directors has declared a cash dividend of $0.08 per share to owners of its common stock. The dividend will be payable on December 18, 2009 to shareholders of record as of December 4, 2009. This marks the eleventh consecutive year a cash dividend has been declared and the sixth year in a row that the Company has increased its cash dividend.

PRESENTATION AT 2009 FBR FALL INVESTOR CONFERENCE

Wendy Carlson, President and Chief Executive Officer, and John Matovina, Chief Financial Officer and Vice Chairman, will be presenting at the 2009 FBR Fall Investor Conference in New York, NY on Wednesday, December 2 at 10:00 a.m. EST. Investors may access a web cast of this presentation on American Equity’s Website, www.american-equity.com.

Certain statements made during this presentation may constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities and Reform Act of 1995. Actual results may differ materially. These forward-looking statements are subject to a number of risks and uncertainties discussed in detail in American Equity’s most recent SEC filings.

ABOUT AMERICAN EQUITY

American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full service underwriter of fixed annuity and life insurance products, with a primary emphasis on the sale of index and fixed rate annuities. The company’s headquarters as of December 1, 2009 will be located at 6000 Westown Parkway, West Des Moines, Iowa, 50266. The mailing address of the company is: P.O. Box 71216, Des Moines, Iowa 50325.

Source: American Equity Investment Life Holding Company

American Equity Investment Life Holding Company
Wendy L. Carlson, Chief Executive Officer
(515) 457-1824, wcarlson@american-equity.com
or
John M. Matovina, Chief Financial Officer
(515) 457-1813, jmatovina@american-equity.com
or
Julie L. LaFollette, Director of Investor Relations
(515) 273-3602, jlafollette@american-equity.com
or
Debra J. Richardson, Chief Administrative Officer
(515) 273-3551, drichardson@american-equity.com