REAL ESTATE

Jasper Klapwijk appointed Member Development Board

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February 15, 2006, ING Real Estate, Corporate Communications, The Netherlands

As per 1 April 2006, Jasper Klapwijk has been appointed as a Member of the Development Board, the top management body of the ING Real Estate’s business line Development. He will focus on Strategy and Marketing.

Jasper Klapwijk

Mr. Klapwijk has also been appointed as Managing Director Research & Concepts within the business line Development, succeeding Jos Sentel.

In 2004, Jasper Klapwijk was appointed as Deputy Managing Director The Netherlands with ING Real Estate’s business line Finance. Having joined ING in 1992, Mr. Klapwijk held several positions in ING’s wholesale banking division. Before joining ING Real Estate, he was Head of Strategy & Organisation at ING Wholesale Banking.

Jos Sentel has decided to start his own consultancy company, with which he will realize his long time ambition. He will resign as from 1 June 2006. Before joining ING Real Estate in 1997, Mr. Sentel was a consultant with Kolpron Consultants for six years.