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 7,850,000 (depositary
receipts for) shares during the week of 7 April until 14 April.
The (depositary receipts for) shares were repurchased at an average
price of EUR 24.72 for a total
amount of EUR 194,072,950.00. 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
164,314,693 ordinary shares for a total consideration of EUR
4,437,815,922.58. To date approximately
88.8% of the repurchase programme has been completed.
The repurchase programme is expected to run until June 2008.
Carolien van der Giessen
+31 20 5416522
ING is a global financial institution of Dutch origin offering
banking, investments, life insurance and retirement services to over
75 million private, corporate and institutional clients in more than
50 countries. With a diverse workforce of about 125,000 people, ING
comprises a broad spectrum of prominent companies that increasingly
serve their clients under the ING brand.