ING closes sale of Regio Bank to SNS REAAL

Amsterdam • 2 July 2007

ING announced today that on 1 July 2007, it has closed the sale of Regio Bank to SNS REAAL.

As previously announced on the 14 May 2007, the transaction results in a net profit of about EUR 25 million for ING Group and an increase of 3 basis points on the Tier-1 ratio of ING Bank N.V.

Press enquiries: ING Group

Nanne Bos, +31 (0) 20 541 6516, nanne.bos@ing.com

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 over 50 countries.

With a diverse workforce of about 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.