ING Lifestyle Portfolios Surpass $8 Billion Milestone

ING Variable Annuities, a marketing arm of ING U.S. Financial Services, has announced that its ING LifeStyle investment portfolios within its variable annuity products have reached a milestone; surpassing $8 billion in total assets at the close April 2007. The ING LifeStyle portfolios were introduced as an investment option for variable annuity investors in mid-2004, and rapidly surpassed $4 billion in total assets at the close of 2005.

"The ING LifeStyle portfolios are designed to offer variable annuity investors and savers simple, diversified investment options consistent with their risk tolerance and long-term goals," said Harry N. Stout, president, ING USA Annuity and Life Insurance Company. Stout said several factors help position ING Variable Annuity solutions as top-of-mind among distributors and their clients who view variable annuities as an important element of their personal financial strategy. ING attributes the extraordinary growth to ING LifeStyle portfolios' competitive performance in 2006 relative to peer group portfolios, which helps attract distributors' attention.

Stout noted that ING's annuity business had more than $65 billion total assets under management at the close of 2006, including both fixed and variable annuities. ING LifeStyle portfolios are available within ING Variable Annuities (issued by ING USA Annuity and Life Insurance Company and ReliaStar Life Insurance Company of New York) as a simplified way to establish and maintain a diversified investment mix that aligns with individual client life stage needs. ING LifeStyle portfolios include moderate, moderate growth, growth and aggressive growth options.

Ibbotson Associates, a Morningstar company that's not affiliated with the ING family of companies, provides ongoing asset allocation analysis for ING's LifeStyle portfolios. The LifeStyle portfolios' subaccounts invest in a combination of underlying portfolios with varying degrees of potential investment risks and rewards. Quarterly, each portfolio's target allocation strategy is re-evaluated, and investments are rebalanced if necessary, to reflect changes and trends.

To help financial professionals and their clients identify the most appropriate ING LifeStyle portfolio for their individual financial strategy, a proprietary questionnaire is used to evaluate the investor's personal financial situation, risk tolerance and investment objectives.

Annuities are issued by ING USA Annuity and Life Insurance Company and ReliaStar Life Insurance Company of New York. Variable Annuities are distributed by Directed Services, Inc. member NASD. 1475 Dunwoody Drive, West Chester, PA 19380. Only ReliaStar Life Insurance Company of New York is admitted, and its products offered, in the state of New York. All are members of the ING family of companies.

You should consider the investment objectives, risks and charges, and expenses of the variable annuity and its underlying investment options carefully before investing. The prospectuses for the variable annuity and underlying investment options contain this and other information. You may obtain free prospectuses by calling your financial professional or 800-366-0066. Please read the prospectuses carefully before investing.

In the U.S., the ING family of companies offer a comprehensive array of financial services to retail and institutional clients which include life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to more than 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

For more information, visit www.ing.com

First Call Analyst:
FCMN Contact: chuck.eudy@us.ing.com

SOURCE: ING U.S. Financial Services

CONTACT: Chuck Eudy, of ING US Financial Services, +1-770-980-5209, or
+1-770-490-6420 (mobile), chuck.eudy@us.ing.com

Web site: http://www.ing.com/