| Shareholders Introduction |
ING
Asset Management B.V. (“INGAM”)  |
INGAM is a wholly owned subsidiary of the ING Group.
ING's roots dated back to 1845, when the Netherlands Insurance Company
was formed in The Hague. Continual growth and business expansions
in 150 years made it the largest insurance company in the Netherlands.
In 1991 when merger took place with the prominent banking group,
the NMB Postbank Group, ING Group was officially formed. ING was
3rd world largest financial institution ranked by revenue in 2001,
and 20th world largest enterprise in 2002 rated by "Fortune"
magazine.
Today, ING Group offers financial products in banking, insurance
and asset management to over 50 million private, corporate and institutional
clients in 65 countries. It has a diverse workforce of more than
110,000 employees. ING Group delivers added value to clients through
a multi-product/ distribution approach and a customer centric organization.
It places strong emphasis on cost control. Now ING Group has gained
a reputation around the world as one of the leaders in providing
integrated financial services, insurance planning and asset management.
In the past few years, by achieving synergies amongst its business
units and by capitalizing on its vast distribution network, ING
experienced remarkable expansion and has significant achievements
in many regions and locations worldwide.
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