Progress on share repurchase programme ING

Progress on share repurchase programme ING

Amsterdam, 10 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 3,300,000 (depositary receipts for) shares during the week of 3 December until 7 December.

The (depositary receipts for) shares were repurchased at an average price of EUR 26.44 for a total amount of EUR 87,260,900.00. 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 84,032,824 ordinary shares for a total consideration of EUR 2,587,260,895.50. To date approximately 51.7% 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