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ING L.I.O.N. Merged Into ING Core Equity

ING Mutual Fund has announced the merger of ING L.I.O.N. Fund with ING Core Equity Fund due to their similar investment characteristics.

The Bonus option of the L.I.O.N. Fund will be merged into its Growth option and subsequently respective options of this fund will be merged with those of ING Core Equity Fund. Investment objective and the asset allocation pattern of the Core Equity Fund will remain the same.

Investors who do not approve of the merger may exit from these funds between April 24, 2008 and May 23, 2008 without paying any exit load.