Progress on share repurchase programme ING

Progress on share repurchase programme ING

Amsterdam • 8 October 2007

ING announced today that, in line with the launch of its EUR 5.0 billion share buy back programme on 4 June 2007, the company has repurchased 1,929,000 (depositary receipts for) shares during the week of 1 October until 8 October.

The (depositary receipts for) shares were repurchased at an average price of EUR 31.74 for a total amount of EUR 61,227,778.05. For detailed information on the daily repurchased shares, see the ING website at www.ing.com/investorrelations.

The total number of (depositary receipts for) shares repurchased under this programme to date is 54,299,698 ordinary shares for a total consideration of EUR 1,719,424,290.60. To date approximately 34.4% of the repurchase programme has been completed.

The repurchase programme is expected to run until June 2008.

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Media Relations,
+31 20 576 5000,

media.relations@ing.com

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries.
With a diverse workforce in excess of 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.