Progress on share repurchase programme ING

Progress on share repurchase programme ING

Amsterdam, 3 December 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 147,350 (depositary receipts for) shares during the week of 26 November until 3 December.

The (depositary receipts for) shares were repurchased at an average price of EUR 25.87 for a total amount of EUR 3,811,865.50. 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 80,732,824 ordinary shares for a total consideration of EUR 2,499,999,995.50. To date approximately 50.0% of the repurchase programme has been completed.

The repurchase programme is expected to run until June 2008.

Media Relations
ING Group
+31 20 576 5000

media.relations@ing.com