Progress on share repurchase programme ING


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 3,113,544 (depositary receipts for) shares during the week of 24 September until 1 October.
 
The (depositary receipts for) shares were repurchased at an average price of EUR 30.78 for a total amount of EUR 95,824,505.50. 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 52,370,698 ordinary shares for a total consideration of EUR 1,658,196,512.55. To date approximately 33.2% of the repurchase programme has been completed.
 
The repurchase programme is expected to run until June 2008.


Press enquiries:
Carolien van der Giessen, +31 20 541 6522, carolien.van.der.giessen@ing.com
 
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 in excess of 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

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