Amsterdam, 15 June 2005

Christine Lagarde to resign as member Supervisory Board ING Group

ING Group announced today that Christine Lagarde has decided to resign from the Supervisory Board of ING Group.

Her decision was taken after she had accepted an invitation to join the Government of France as Minister for Foreign Trade.

ING regrets Christine Lagarde‘s resignation, but sends her its sincerest congratulations and wishes her well in her new position.

Christine Lagarde was appointed member of the Supervisory Board of ING Group as of 27 April 2005.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries.

With a diverse workforce of over 113,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.