ING Investment Management Asia/Pacific (INGIM) announced the launch of the ING China Access Fund targeting select
investment opportunities in Chinese securities listed on international
exchanges.

A press release from the ING IM said the fund will focus on industry
leaders, and invest in small- and mid-cap companies with strong fundamentals and
whose businesses are exposed to the upside of the Chinese economy.

ING IM believes that China will continue to benefit from dynamic and
sustainable economic growth, rapid urbanization and industrialization and
increasing purchasing power, the press release said.

ING China Access Fund offers investors access to premier Chinese companies
not listed on the domestic A-share market, companies trading at a steep discount
to A-shares, well-established global companies which derive significant amount
of revenue from China and good quality China IPOs listed on international
markets.

Commenting on the launch, Chris Ryan, CEO of the ING IM, said, “We are
bullish in the outlook of the Chinese economy, and are convinced that the fund
will be able to deliver alpha potential by leveraging our in-depth investment
management experience in China. The launch of this Fund underlines our
confidence we have had in the long term development of China.”

ING IM said the fund is managed by an experienced regional investment team
equipped by extensive on-the-ground research resources, and also is
well-supported by the Shenzhen-based investment professionals in China Merchants
Fund Management Co., Ltd., ING’s joint venture in China and the first
Sino-foreign joint venture that was granted an operating
license.