ING Groep NV

24 May 2007

Rating: Aa2/AA-/AA-

Amount: Eu1.75bn

Maturity: 31 May 2017

Issue/re-offer price: 99.626

Coupon: 4.75%

Spread at re-offer: 19bp over mid-swaps; 45.2bp over the 3.75% Jan 2017 Bund

Launched: Thursday 24 May

Payment date: 31 May

Joint books: Deutsche Bank, ING

Bookrunner’s comment:

ING Groep had not been in the market this year and decided that now ...

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