Progress on share repurchase programme ING

Progress on share repurchase programme ING

Amsterdam • 27 August 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 1,325,000 (depositary receipts for) shares during the week of 20 August until 27 August.

The (depositary receipts for) shares were repurchased at an average price of EUR 29.56 for a total amount of EUR 39,165,460.00. 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 37,429,009 ordinary shares for a total consideration of EUR 1,211,099,629.43. To date approximately 24.2% of the repurchase programme has been completed.

The repurchase programme is expected to run until June 2008.

Press enquiries:

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.