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American Equity Schedules Earnings Release, Conference Call and Webcast

American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release third quarter 2009 earnings after the close of market on Wednesday, November 4, 2009. The third quarter earnings release and financial supplement will be posted on the American Equity web site (www.american-equity.com) at that time.

EARNINGS CONFERENCE CALL

AEL will hold a conference call to discuss third quarter 2009 earnings on Thursday, November 5, 2009, at 10 a.m. CST. The conference call will be webcast live on the Internet. Investors and interested parties who wish to listen to the call on the Internet may do so at www.american-equity.com.

The call may also be accessed by telephone at 1-866-831-6162, passcode 80891304 (international callers, please dial 1-617-213-8852). An audio replay will be available shortly after the call on AEL’s website. An audio replay will also be available via telephone through November 26, 2009, by calling 1-888-286-8010, passcode 17772836 (international callers will need to dial 1-617-801-6888).

ABOUT AMERICAN EQUITY

American Equity Investment Life Holding Company, through its wholly-owned operating subsidiaries, is a full-service underwriter of a broad line of annuity and insurance products with a primary emphasis on the sale of fixed-rate and index annuities. The company’s headquarters are located at 5000 Westown Parkway, West Des Moines, Iowa, 50266. The mailing address of the company is: P.O. Box 71216, Des Moines, Iowa, 50325. For more information, visit our website www.american-equity.com.

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