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 1,250,000 (depositary
receipts for) shares during the week of
18 February until 25 February.
The (depositary receipts for) shares were repurchased at an average
price of EUR 22.03 for a total
amount of EUR 27,543,520.00. 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
132,459,661 ordinary shares for a total consideration of EUR
3,720,491,192.37. To date approximately
74.4% 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, 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.