ING USA Introduces Innovative Family of Fixed Index Annuities

ING USA Annuity and Life Insurance Company ("ING USA") (NYSE: ING) is introducing the new ING Envoy Fixed Index Annuity family of products featuring improved withdrawal flexibility for clients and an international index element, according to Chad Tope, senior vice president, ING Fixed Annuities. The new ING Envoy family of annuities' features compliment an existing stable of ING USA fixed annuity products designed to guarantee asset protection, provide increased interest crediting potential, and offer the ING IncomeProtector Withdrawal Benefit that provides guaranteed payments for life and some built-in inflation protection.

"While clients and their agents are attracted to ING USA fixed annuity protection and payment guarantees, many have also expressed an interest in more flexible withdrawal options for accessing their money. ING Envoy products offer that flexibility while still providing the many advantages of ING USA fixed annuities," said Tope. Tope also said the new international index feature reflects the growing popularity of international elements among many savers. ING Envoy Fixed Index Annuities are backed by ING USA Annuity and Life Insurance Company, an annuity provider with a history of strong financial ratings.

Improved withdrawal options

The ING Envoy Fixed Index Annuity products feature greater withdrawal flexibility based on 'windows of opportunity' that allow full or partial withdrawals without incurring surrender charges or market value adjustments.

Each ING Envoy annuity is designed with a nine year surrender schedule that provides clients with full access to their accumulation values at varying intervals. The family of ING Envoy Fixed Index Annuities feature three distinct levels of withdrawal access:

  -- ING Envoy Three is designed to help clients weather volatile markets
     and the potential impact of inflation.  ING Envoy Three allows full or
     partial withdrawals without surrender charge or market value adjustment
     during 30-day Windows of Opportunity at the end the 3rd and 6th
     contract years. It also allows free withdrawals of up to 10% of the
     accumulation value each year after the first year,

  -- The ING Envoy Six allows full or partial withdrawals without surrender
     charge or market value adjustment during a 30-day Window of Opportunity
     at the end of the 6th contract year. It also allows free withdrawals of
     up to 10% of the accumulation value each year after the first year

  -- The ING Envoy Nine is a more traditional fixed index annuity that also
     allows free withdrawals of up to 10% of the accumulation value each
     year, and full access to the account value is available at the end of
     the ninth year.

The popular ING IncomeProtector Withdrawal Benefit rider is also available with ING Envoy annuities. This optional rider, introduced earlier in 2007, provides a flexible, guaranteed stream of payments for life and an annual increase to the guaranteed withdrawal base amount, which helps offset the potential effects of inflation.

New Dow Jones EURO STOXX 50® Index feature

The ING Envoy Fixed Index Annuity products provide potential for interest crediting through a blend of the changes in the traditional S&P 500® Index and the Dow Jones EURO STOXX 50® Index. The Dow Jones EURO STOXX 50® Index covers 50 companies from twelve European countries using the Euro as currency and provides a blue-chip representation of supersector leaders in the Eurozone.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to more than 75 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.

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. For more information, visit www.ing.com

Contracts issued by ING USA Annuity and Life Insurance Company, 909 Locust Street, Des Moines, IA 50309. ING Fixed Annuities is the marketing name for the issuing insurance companies. Interest Rates/Participation Rates/Index Caps/Index Spreads subject to change. Products/features not available in all states. Withdrawals may be subject to Federal/State income tax and, if taken prior to age 59 1/2, an additional 10% Federal penalty tax. Neither the company nor its agents and representatives can provide tax, legal or accounting advice. Clients should consult their own attorney or tax advisor about their specific circumstances. Withdrawals do not participate in index interest. Guarantees based on claims paying ability of the insurer. Please note that the likelihood of obtaining value from the ING IncomeProtector Withdrawal Benefit rider decreases as issue ages increase. In order for owners issue age 75 and above to benefit from this rider, the interest credited to the client's accumulation value must be significantly less than expected based on historic averages. Depending on the client's issue age and the interest credited to the client's accumulation value, deferring their payment stream may significantly reduce the likelihood of obtaining value from the ING IncomeProtector Withdrawal Benefit.

"Standard & Poor's®", "S&P®", "S&P 500®", "Standard & Poor's 500", and "500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by ING USA Annuity and Life Insurance Company. The Product is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Product. The S&P 500 Index does not reflect dividends paid on the underlying stock. The Dow Jones EURO STOXX 50® is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland, and/or Dow Jones & Company, Inc., a Delaware, corporation, New York, USA (the "Licensors"), which is used under license. The Index strategies of the annuity contracts based on the Dow Jones EURO STOXX 50® are in no way sponsored, endorsed, sold or promoted by the Licensors and neither of the Licensors shall have any liability with respect thereto.

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SOURCE: ING US 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/us
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