Post-Stabilisation Notice

Post-Stabilisation Notice

ING Bank N.V (contact: Kris Devos; telephone: 0032 2 557 16 01) hereby gives notice that no stabilisation was undertaken by the Stabilising Manager(s) named below in relation to the offering of the following securities:

Issuer: ING Group N.V.

Guarantor (if any):

Aggregate nominal amount: EUR 2bn on the 10yr Covered

Description: Single tranche

Reg S Bearer covered bonds

Stabilisation Manager(s): ING Bank N.V.

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.