American Equity Names William R. Kunkel as General Counsel

  American Equity Names William R. Kunkel as General Counsel

Business Wire

WEST DES MOINES, Iowa -- December 31, 2012

American Equity Investment Life Holding Company (NYSE: AEL), a leading
underwriter of index and fixed rate annuities, announced today the appointment
of William R. Kunkel as its Executive Vice President – Legal and General
Counsel.

David J. Noble, Executive Chairman, and John M. Matovina, Chief Executive
Officer and President, said, “We are delighted to announce Bill’s appointment
as General Counsel. The depth and breadth of his professional experience,
strong leadership abilities, and knowledge of American Equity’s business
having represented us for more than 15 years make him a natural fit for this
position. His addition to our executive management group complements the
experienced group of executives that have worked together as a team for many
years.”

Mr. Kunkel was a partner in the Chicago office of Skadden, Arps, Slate,
Meagher & Flom LLP until his retirement in June 2012. He joined Skadden Arps
in 1984 upon the founding of its Chicago office. His practice concentrated on
mergers and acquisitions, corporate finance, and other corporate governance
and securities matters. He has represented public and private companies in
many industries and has received numerous recognitions for his professional
work. He is a graduate of Harvard Law School and Creighton University.

“I am excited to join the American Equity family and management team at this
important time in the company’s development,” commented Mr. Kunkel. “American
Equity has enjoyed tremendous success since its formation in 1995. I believe
that American Equity has outstanding potential and I look forward to using my
talents and experience to help the company achieve even greater success in the
years that follow.”

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 fixed
annuity and life insurance products, with a primary emphasis on the sale of
index and fixed rate annuities. American Equity Investment Life Holding
Company, a New York Stock Exchange Listed company (NYSE: AEL), is
headquartered in West Des Moines, Iowa. For more information, please visit
www.american-equity.com.

Contact:

American Equity Investment Life Holding Company
John M. Matovina, 515-457-1813
Chief Executive Officer
jmatovina@american-equity.com
or
Ted M. Johnson, 515-457-1980
Chief Financial Officer
tjohnson@american-equity.com
or
Julie L. LaFollette, 515-273-3602
Director of Investor Relations
jlafollette@american-equity.com
or
Debra J. Richardson, 515-273-3551
Chief Administrative Officer
drichardson@american-equity.com