The annual General Meeting of ING Groep N.V. today adopted the 2008 Annual Accounts and declared a total dividend for 2008 of EUR 0.74 per (depositary receipt for an) ordinary share. Taking into account the interim dividend of EUR 0.74 made payable in August 2008, no final dividend will be paid out for 2008.

In addition, the AGM approved the appointment of Jan Hommen and Patrick Flynn as new members of the Executive Board, in their respective roles as chairman and chief financial officer.

The AGM also appointed Tineke Bahlmann, Jeroen van der Veer and Lodewijk de Waal to the Supervisory Board. Tineke Bahlmann and Lodewijk de Waal were recommended for appointment by the Dutch State as a consequence of the transaction between ING Group and the State which became effective on 12 November 2008. As a State nominee, Tineke Bahlmann will replace Peter Elverding who will succeed Jan Hommen as Chairman of the Supervisory Board. The required approvals were obtained from the Dutch Central Bank at an earlier stage. In addition, Godfried van der Lugt has been reappointed to the Supervisory Board.

As announced on 19 March 2009, Eric Bourdais de Charbonnière and Wim Kok have retired from the Supervisory Board as of today, reaching or having reached the age of 70. Wim Kok would have retired from the Supervisory Board in 2008 reaching the age of 70 during that year. However, having been appointed chairman of the Audit Committee, he remained in office one extra year.

After the AGM, the Supervisory Board of ING Group consists of:
Peter Elverding, Chairman Harish Manwani
Tineke Bahlmann Aman Mehta
Henk Breukink Joan Spero
Peter Elverding Jackson Tai
Claus Dieter Hoffmann Jeroen van der Veer (effective 1 July 2009)
Piet Hoogendoorn Karel Vuursteen
Piet Klaver Lodewijk de Waal
Godfried van der Lugt