Progress On Share Repurchase Programme

Amsterdam, Netherlands, Dec 17, 2007 - (Hugin via ABN Newswire) - 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 2,990,000 (depositary receipts for) shares during the week of 10 December until 17 December.

The (depositary receipts for) shares were repurchased at an average price of EUR 27.07 for a total amount of EUR 80,927,755.00. 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 87,022,824 ordinary shares for a total consideration of EUR 2,668,188,650.50. To date approximately 53.4% of the repurchase programme has been completed.

The repurchase programme is expected to run until June 2008.



Press enquiries Carolien van der Giessen ING Group +31 20 5416522 carolien.van.der.giessen@ing.com

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



LINK: http://hugin.info/130668/R/1176463/233543.pdf

Copyright © Hugin ASA 2007. All rights reserved.

ING Group

http://www.ing.com

ISIN: NL0000303600

Stock Identifier: AEX.INGA

US: NYSE:ING