<?xml version="1.0" encoding="utf-8"?>
<!--
  This file is part of the OCW taxonomy, which is an extension on the Dutch taxonomy (NT, Nederlandse Taxonomie) 
  Intellectual Property of the State of the Netherlands, Ministry of Culture, Education and Science (OCW, Ministerie van Onderwijs, Cultuur en Wetenschap)
  Architecture: NT13.0 
  Version: 20190220.b
  Released by: Dienst Uitvoering Onderwijs (DUO)
  Release date: Fri Oct 26 09:17:55 CET 2018
-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink">
	<link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_IntangibleAssetsOtherMember" xlink:label="rj-dm_IntangibleAssetsOtherMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_IntangibleAssetsOtherMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_IntangibleAssetsOtherMember_terse_nl" xml:lang="nl">Overige immateriële vaste activa</link:label>
		<link:labelArc xlink:from="rj-dm_IntangibleAssetsOtherMember_loc" xlink:to="rj-dm_IntangibleAssetsOtherMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_GeneralReserveMember" xlink:label="rj-dm_GeneralReserveMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_GeneralReserveMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_GeneralReserveMember_terse_nl" xml:lang="nl">Algemene reserve</link:label>
		<link:labelArc xlink:from="rj-dm_GeneralReserveMember_loc" xlink:to="rj-dm_GeneralReserveMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_ProvisionOnerousContractsMember" xlink:label="rj-dm_ProvisionOnerousContractsMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_ProvisionOnerousContractsMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_ProvisionOnerousContractsMember_terse_nl" xml:lang="nl">Voorziening voor verlieslatende contracten</link:label>
		<link:labelArc xlink:from="rj-dm_ProvisionOnerousContractsMember_loc" xlink:to="rj-dm_ProvisionOnerousContractsMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_ProvisionMajorMaintenanceMember" xlink:label="rj-dm_ProvisionMajorMaintenanceMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_ProvisionMajorMaintenanceMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_ProvisionMajorMaintenanceMember_terse_nl" xml:lang="nl">Voorziening voor groot onderhoud</link:label>
		<link:labelArc xlink:from="rj-dm_ProvisionMajorMaintenanceMember_loc" xlink:to="rj-dm_ProvisionMajorMaintenanceMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_RestructuringProvisionMember" xlink:label="rj-dm_RestructuringProvisionMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_RestructuringProvisionMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_RestructuringProvisionMember_terse_nl" xml:lang="nl">Voorziening in verband met reorganisaties</link:label>
		<link:labelArc xlink:from="rj-dm_RestructuringProvisionMember_loc" xlink:to="rj-dm_RestructuringProvisionMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
		<link:loc xlink:href="../../../rj/20181212.b/dictionary/rj-domains.xsd#rj-dm_ProvisionJubileeBenefitsMember" xlink:label="rj-dm_ProvisionJubileeBenefitsMember_loc" xlink:type="locator"/>
		<link:label id="rj-dm_ProvisionJubileeBenefitsMember_terse_nl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="rj-dm_ProvisionJubileeBenefitsMember_terse_nl" xml:lang="nl">Verplichtingen voor jubileumuitkeringen</link:label>
		<link:labelArc xlink:from="rj-dm_ProvisionJubileeBenefitsMember_loc" xlink:to="rj-dm_ProvisionJubileeBenefitsMember_terse_nl" xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label"/>
	</link:labelLink>
</link:linkbase>