ING Group : Koos Timmermans to present at Morgan Stanley Conference

     ING Group : Koos Timmermans to present at Morgan Stanley Conference

Today, Koos Timmermans, Vice-Chairman of ING Bank, will address the Morgan
Stanley European Financials Conference in London.

In his presentation, Mr Timmermans will demonstrate how ING Bank's balance
sheet optimisation programme is on track. As one of ING Bank's priorities,
this programme aims to maximise returns under the new regulatory capital
requirements known as Basel III. ING Bank already meets most of these
requirements which is shown by its strong capital position reflected in a
pro-forma fully loaded Basel III core Tier 1 ratio per 31 December 2012 of

After looking back at ING Bank's 2012 results, Mr Timmermans will also
elaborate on ING Bank's progress on reaching its long-term targets as laid
down in the Ambition 2015 programme. Further optimising of the balance sheet
and repricing of ING Bank's lending portfolio will improve the Net Interest
Margin and should lead to an attractive ROE of 10-13% under the Basel III

Today's presentation "Towards Ambition 2015" by Koos Timmermans can be
viewed/downloaded via ING's corporate website or SlideShare.

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ING is a global financial institution of Dutch origin, offering banking,
investments, life insurance and retirement services to meet the needs of a
broad customer base. Going forward, we will concentrate on our position as an
international retail, direct and commercial bank, while creating an optimal
base for an independent future for our insurance and investment management
Certain of the statements contained herein are not historical facts,
including, without limitation, certain statements made of
future expectations and other forward-looking statements that are based on
management's current views and assumptions and
involve known and unknown risks and uncertainties that could cause actual
results, performance or events to differ materially
from those expressed or implied in such statements. Actual results,
performance or events may differ materially from those in such statements due
to, without limitation: (1) changes in general economic conditions, in
particular economic conditions
in ING's core markets, (2) changes in performance of financial markets,
including developing markets, (3) consequences of a
potential (partial) break-up of the euro, (4) the implementation of ING's
restructuring plan to separate banking and insurance
operations, (5) changes in the availability of, and costs associated with,
sources of liquidity such as interbank funding, as well as
conditions in the credit markets generally, including changes in borrower and
counterparty creditworthiness, (6) the frequency
and severity of insured loss events, (7) changes affecting mortality and
morbidity levels and trends, (8) changes affecting persistency levels, (9)
changes affecting interest rate levels, (10) changes affecting currency
exchange rates, (11) changes in investor, customer and policyholder behaviour,
(12) changes in general competitive factors, (13) changes in laws and
regulations, (14) changes in the policies of governments and/or regulatory
authorities, (15) conclusions with regard to purchase accounting assumptions
and methodologies, (16) changes in ownership that could affect the future
availability to us of net operating loss, net capital and built-in loss carry
forwards, (17) changes in credit-ratings, (18) ING's ability to achieve
projected operational synergies and (19) the other risks and uncertainties
detailed in the Risk Factors section contained in the most recent annual
report of ING Groep N.V. Any forward-looking statements made by or on behalf
of ING speak only as of the date they are made, and, ING assumes no obligation
to publicly update or revise any forward-looking statements, whether as a
result of new information or for any other reason. This document does not
constitute an offer to sell, or a solicitation of an offer to buy, any

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