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ING IM appoints Daniel Eustaquio as Senior Portfolio Manager to

ING Investment Management (ING IM) today announced additional (senior)
appointments to its Emerging Market Debt (EMD) team.

Daniel Eustaquio joins the company as Senior Portfolio Manager Hard Currency
based in Atlanta, USA as per 22nd July 2013.

Daniel has more than 15 years' experience in EMD Fixed Income markets and
joins ING IM from Oppenheimer & Co where he was Director of Investments, EMD
FI Sales. He previously worked at ING IM US as part of the EMD team from

Daniel holds a Master's degree in Business Administration from the Kellogg
School of Management, Northwestern University, USA.

Hans Stoter, CIO ING Investment Management: "We are very pleased to welcome
Daniel to ING IM. He has a long track record in managing Emerging Market Debt
portfolios and will therefore strengthen the capabilities of our EMD team"

Besides the recruitment of one additional senior portfolio manager, ING IM has
further expanded the EMD team by recruiting 3 (senior) dedicated EMD corporate
analysts. Patricia Medina joined the Atlanta office and Jasmine Li and Shilpa
Singhal joined the Singapore office. With these additions the dedicated EMD
corporate analysts team now consists of 6 professionals.

Alfonso Papa, CEO ING Investment Management Switzerland: "The further
expansion of our EMD- Team with three experienced business analysts
demonstrates the importance of our fundamental investment competences for the
emerging markets."

Media contact

Roland Cecchetto

+41 44 455 56 66

* The ING Emerging Market Debt team managed approximately USD 7 billion in
Emerging Market Debt assets as of end June 2013.

About ING Investment Management (ING IM)

ING IM International* is a global asset manager and part of ING Group, a
global financial institution of Dutch origin. ING IM international manages in
aggregate approximately CHF 229 bln** (USD 237 bln**) in assets managed for
institutions and individual investors worldwide. ING IM International employ
over 1200 staff and is active in 18 countries across Europe, Middle East, Asia
and America.

Visit for more information.

*The term 'ING IM International' refers to the business in Europe, Middle
East, Singapore, Japan and satellite offices in U.S. (Atlanta & New York). ING
IM International is preparing for a standalone future together with ING's
European Insurance operations.
**Figures as of 31 March 2013

The elements contained in this document have been prepared solely for the
purpose of information and do not constitute an offer, in particular a
prospectus or any invitation to treat, buy or sell any security or to
participate in any trading strategy. This document is intended for press use
only. While particular attention has been paid to the contents of this
document, no guarantee, warranty or representation, express or implied, is
given to the accuracy, correctness or completeness thereof. Any information
given in this document may be subject to change or update without notice.
Neither ING Investment Management (Europe) B.V. nor any other company or unit
belonging to the ING Group, nor any of its officers, directors or employees
can be held direct or indirect liable or responsible with respect to the
information and/or recommendations of any kind expressed herein. The
information contained in this document cannot be understood as provision of
investment services. If you wish to obtain investment services please contact
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solely at your risk. No direct or indirect liability is held for any loss
sustained or incurred by readers as a result of using this publication or
basing any decisions on it. Investment sustains risk. Please note that the
value of your investment may rise or fall and also that past performance is
not indicative of future results and shall in no event be deemed as such. This
document is not intended and may not be used to solicit sales of investments
or subscription of securities in countries where this is prohibited by the
relevant authorities or legislation. Any claims arising out of or in
connection with the terms and conditions of this disclaimer are governed by
Swiss law.

Switzerland: ING Investment Management (Switzerland) Ltd.,
Schneckenmannstrasse 25, 8044 Zurich, Switzerland,,
Contact:, Phone. +41 58 252 55 50

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                                          +41 41 763 00 50
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