<HTML>
<HEAD>
<TITLE>Form S-8
</TITLE>
</HEAD>
<BODY>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
As filed with the Securities and Exchange Commission on September 15, 2003 </FONT></P>

<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration No.
333-_____&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<HR ALIGN=LEFT WIDTH=100% SIZE=4 NOSHADE>

<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B><BR></FONT></CENTER>

<HR SIZE=1 NOSHADE ALIGN="CENTER" WIDTH=15%>

<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>FORM S-8</B></FONT><BR><BR>

<FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>REGISTRATION STATEMENT UNDER<BR>
THE SECURITIES ACT OF 1933</B></FONT><BR></CENTER>

     <HR SIZE=1 NOSHADE ALIGN="CENTER" WIDTH=20%>
<BR>

<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>ING GROEP N.V.</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Exact name of registrant as specified in its charter) </FONT>
<BR><BR>

<FONT FACE="Times New Roman, Times, Serif" SIZE=4><B>ING GROUP N.V.</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Translation of Registrant&#146;s Name into English)</FONT>
</CENTER><BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM ALIGN=CENTER>
     <TD WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>The Netherlands</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>(State or other jurisdiction of<BR>
incorporation or organization)</FONT></TD>
     <TD WIDTH="20%">&nbsp;&nbsp; </TD>
     <TD WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>Not Applicable</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>(I.R.S. Employer<BR>Identification No.)</FONT></TD></TR>
</TABLE>
<BR>

<CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>
Amstelveenseweg 500<BR>
1081 KL Amsterdam<BR>
P.O. Box 810<BR>
1000 AV Amsterdam<BR>
The Netherlands </B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Address of principal
executive offices)</FONT><BR><BR>

<FONT FACE="Times New Roman, Times, Serif" SIZE=3><B>ING AMERICAS SAVINGS PLAN AND ESOP</B></FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Full title of the plan)</FONT></CENTER>
<BR><BR>

<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP" ALIGN=CENTER>
     <TD WIDTH="34%">
<B>B. Scott Burton<BR>
Corporate General Counsel and Assistant Secretary<BR>
ING North America<BR>
Insurance Corporation<BR>
5780 Powers Ferry Road, N.W.<BR>
Atlanta, Georgia 30237-4390</B><BR>
<FONT SIZE=1>(Name and address of agent for service)</FONT><BR><BR>

<B>770-980-5637</B><BR>
<FONT SIZE=1>(Telephone number, including area code, of agent for service)</FONT><BR></TD>

     <TD WIDTH="34%">
Copies to:<BR>
<B>Alexander G. Simpson<BR>
King &amp; Spalding LLP<BR>
1185 Avenue of the Americas<BR>
New York, New York 10036-4003<BR><BR>

William D. Torchiana<BR>
Sullivan &amp; Cromwell LLP<BR>
125 Broad Street<BR>
New York, NY 10004-2498</B><BR>
</TD></TR>
</TABLE>
<BR>
<CENTER><B>CALCULATION OF REGISTRATION FEE</B></CENTER>

<TABLE WIDTH="100%" BORDER="1" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Title of Securities<BR>
to be Registered</B></FONT></TH>

     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Amount to be<BR>
 Registered</B></FONT></TH>

     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Proposed Maximum <BR>
Offering Price Per<BR>Share</B></FONT></TH>

     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Proposed Maximum <BR>
Aggregate<BR> Offering Price</B></FONT></TH>

     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>Amount of<BR>
Registration Fee</B></FONT></TH></TR>

<TR>
     <TD WIDTH="27%" ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Ordinary Shares with a nominal value of 0.24 euros (EUR 0.24)
each of ING Group N.V. (1)</FONT></TD>

     <TD WIDTH="15%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
5,000,000 (2)</FONT></TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2> $20.60(3)</FONT>
</TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$103,000,000</FONT></TD>

     <TD WIDTH="18%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$9,476</FONT></TD>
</TR>

<TR>
     <TD WIDTH="27%" ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Interests
in the ING Americas<BR>Savings Plan and ESOP</FONT></TD>

     <TD WIDTH="15%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)</FONT>
</TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>N/A (5)</FONT>
</TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>N/A (5)</FONT>
</TD>

     <TD WIDTH="18%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>N/A (5)</FONT></TD>
</TR>

<TR>
     <TD WIDTH="27%" ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bearer Depositary Receipts</FONT>
</TD>

     <TD WIDTH="15%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6)</FONT>
</TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6)</FONT>
</TD>

     <TD WIDTH="20%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6)</FONT>
</TD>

     <TD WIDTH="18%" ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6)</FONT></TD>
</TR>

</TABLE>

<BR>
<HR ALIGN=LEFT WIDTH=100% SIZE=4 NOSHADE>

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     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(1)</TD>
          <TD WIDTH=95%>A separate registration statement on Form F-6 (Registration No. 333-7684) has
been filed with respect to the American Depositary Shares (&#147;ADSs&#148;)
evidenced by American Depositary Receipts. Each ADS represents one Bearer
Depositary Receipt issued by Stichting ING Aandelen with respect to Ordinary
Shares with a nominal value of 0.24 euros (EUR 0.24) each of ING Groep N.V.</TD>
          </TR>
          </TABLE>
          <BR>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(2)</TD>
          <TD WIDTH=95%>Pursuant to Rule 416 under the Securities Act of 1933, this Registration
          Statement also covers additional shares which may be necessary to adjust the
          number of shares reserved for issuance pursuant to the ING Americas Savings Plan
          and ESOP for any future stock split, stock dividend or similar adjustment of the
          outstanding Ordinary Shares and Bearer Depositary Receipts of the Registrant.</TD>
          </TR>
          </TABLE>
          <BR>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(3)</TD>
          <TD WIDTH=95%>Estimated solely for calculating the amount of the registration fee, pursuant to
          paragraphs (c) and (h) of Rule 457 under the Securities Act of 1933, on the
          basis of the high and low sales prices of the Bearer Depositary Receipts on the
          Euro Amsterdam Stock Market on September 11, 2003, within 5 business days prior
          to filing, which was 18.40 euros. Such euro price was converted to U.S. dollars
          at U.S. $1.1195 = EUR $1.00, the approximate exchange rate prevailing on
          September 11, 2003.</TD>
          </TR>
          </TABLE>
          <BR>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(4)</TD>
          <TD WIDTH=95%>In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
          Registration also covers an indeterminate amount of plan interests to be offered
          or sold pursuant to the employee benefit plan described herein.</TD>
          </TR>
          </TABLE>
          <BR>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(5)</TD>
          <TD WIDTH=95%>Pursuant to Rule 457(h)(2) under the Securities Act of 1933, where a
          registration statement registers securities of the registrant and also registers
          interests in a plan, no separate fee is required with respect to such plan
          interests.</TD>
          </TR>
          </TABLE>
          <BR>

     <TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
          <TR VALIGN=TOP>
          <TD ALIGN=LEFT WIDTH=5%>(6)</TD>
          <TD WIDTH=95%>Includes a like amount of Bearer Depositary Receipts. Pursuant to Rule 457(i),
          no additional fee is required in connection with the Bearer Depositary Receipts.</TD>
          </TR>
          </TABLE>
          <BR>


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<P ALIGN=CENTER><B>PART I<BR><BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </B></P>

<P><B>Item 1.&nbsp;&nbsp;Incorporation of Documents by Reference</B></P>

<P>The Registrant incorporates herein by reference the Registration Statement on Form S-8 (File No. 333-13668) which was filed by
the Registrant with the Securities and Exchange Commission on July 2, 2001.</P>


<!-- MARKER PAGE="sheet: 4; page: 4" -->


<P ALIGN=CENTER><B>SIGNATURES</B></P>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>THE
REGISTRANT</I>. Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form&nbsp;S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of Amsterdam, the
Netherlands, on this 15th day of September, 2003.</P>

<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM" ALIGN=LEFT>
     <TD WIDTH=55%>&nbsp;&nbsp;</TD>
     <TD WIDTH="45%">ING GROEP N.V.
<BR><BR><BR></TD>
</TR>

<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="55%">&nbsp;&nbsp;</TD>
     <TD WIDTH="45%">By:&nbsp;&nbsp;<U>/s/ Cees Maas&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</TD></TR>



<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="50%">&nbsp;&nbsp;</TD>
     <TD WIDTH="50%"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Name: Cees Maas<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Title: Chief Financial Officer
</TD></TR>

</TABLE>


<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints B. Scott Burton, his true and lawful attorney-in-fact and agent, with full power
of substitution and resubstitution for such person and in his or her name, place and
stead, in any and all capacities, to sign any and all amendments to this Registration
Statement, and to file the same with all exhibits thereto and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and every act
and thing requisite or necessary to be done in and about the premises, as fully and to all
intents and purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his substitute, may lawfully do or
cause to be done by virtue hereof.</P>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as this Registration Statement has been
signed by the following persons in the capacities and on the date indicated.</P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=LEFT><B><U>Signature</U></B></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT><B><U>Title</U></B></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT><B><U>Date</U></B></TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>
<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Eswald Kist<BR><HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>(Principal Executive Officer)</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Ewald Kist</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Cees Maas<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>(Principal Financial Officer)</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Cees Maas</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ J. Hans van Barneveld<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>(Principal Accounting Officer)</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>J. Hans van Barneveld</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Michel Tilmant<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>Member of Executive Board</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Michel Tilmant</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>

<!-- MARKER PAGE="sheet: 4; page: 4" -->

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=LEFT><B><U>Signature</U></B></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT><B><U>Title</U></B></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT><B><U>Date</U></B></TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Fred Hubbell<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>Member of Executive Board</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Fred Hubbell</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Hessel Lindenbergh<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>Member of Executive Board</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Hessel Lindenbergh</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>/s/ Alexander Rinnooy Kan<HR SIZE=1 NOSHADE></TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>Member of Executive Board</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>September 15, 2003</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>

<TR VALIGN=BOTTOM>
     <TD WIDTH=38% ALIGN=CENTER>Alexander Rinnooy Kan</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=37% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=3% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=17% ALIGN=LEFT>&nbsp;</TD>
     <TD WIDTH=2% ALIGN=LEFT>&nbsp;</TD></TR>
</TABLE>

<BR><BR><BR><BR><BR><BR>
<P ALIGN=CENTER>S-2</P>


<!-- MARKER PAGE="sheet: 5; page: 5" -->

<P>Pursuant to the requirements of the Securities Act of 1933, the
authorized representative has duly caused this Registration Statement to be
signed on its behalf by the undersigned, solely in its capacity as the duly
authorized representative of ING Groep N.V. in the United States, the City of
New York, State of New York, on this 15th day of September, 2003.</P>

<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM" ALIGN=LEFT>
     <TD WIDTH=55%>&nbsp;&nbsp;</TD>
     <TD WIDTH="45%">
ING NORTH AMERICA INSURANCE CORPORATION<BR><BR><BR></TD>
</TR>

<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="55%">&nbsp;&nbsp;</TD>
     <TD WIDTH="45%">
By:&nbsp;&nbsp;<U>/s/ B. Scott Burton&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</TD></TR>


<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="50%">&nbsp;&nbsp;</TD>
     <TD WIDTH="50%"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Name: B. Scott Burton<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Title:  Authorized Signatory
</TD></TR>

</TABLE>

<BR><BR><BR><BR><P ALIGN=CENTER>S-1</P>



<!-- MARKER PAGE="sheet: 6; page: 6" -->


<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>THE
PLAN</I>. Pursuant to the requirements of the Securities Act of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Atlanta, State of Georgia, on this 15th day of September, 2003.</P>


<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM" ALIGN=LEFT>
     <TD WIDTH=55%>&nbsp;&nbsp;</TD>
     <TD WIDTH="45%"> ING AMERICAS SAVINGS PLAN AND ESOP
<BR><BR><BR></TD>
</TR>

<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="55%">&nbsp;&nbsp;</TD>
     <TD WIDTH="45%">
By:&nbsp;&nbsp; ING U.S. Pension Committee
<BR><BR><BR>
</TD></TR>

<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="50%">&nbsp;&nbsp;</TD>
     <TD WIDTH="50%">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By:&nbsp;<U>/s/ Darryl Harris&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
</TD></TR>

<TR VALIGN="TOP" ALIGN=LEFT>
     <TD WIDTH="51%">&nbsp;&nbsp;</TD>
     <TD WIDTH="49%"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Name: Darryl Harris
<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Title: Chairman
</TD></TR>
</TABLE>



<BR><BR><BR>
<P ALIGN=CENTER>S-1</P>


<!-- MARKER PAGE="sheet: 6; page: 6" -->

<P ALIGN=CENTER><B>EXHIBIT INDEX</B></P>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=TOP>
     <TD WIDTH=10%><B>Exhibit<BR>
     <U>Number</U></B></TD>
     <TD WIDTH=3%></TD>
     <TD WIDTH=87%><BR><B><U>Description of Exhibit</U></B></TD>
</TR>
</TABLE>
<BR>

<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=TOP>
     <TD WIDTH=10% ALIGN=CENTER>23.1<BR><BR>
                              23.2<BR><BR>
                              23.3<BR><BR>
                              24.1</TD>
     <TD WIDTH=3%></TD>
     <TD WIDTH=87%>Consent of Ernst &amp; Young Accountants<BR><BR>
                   Consent of KPMG Accountants N.V.<BR><BR>
                   Consent of Ernst &amp; Young Reviseurs d&#146;'Enterprises S.C.C.<BR><BR>
                   Power of Attorney (included in signature page)</TD></TR>
</TABLE>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "sc0272.htm", "description": "FORM S-8", "secsgml_size_bytes": 21182}]
{"company-data": {"conformed-name": "ING GROEP NV", "cik": "0001039765", "assigned-sic": "6311", "irs-number": "000000000", "state-of-incorporation": "P7", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-108833", "film-number": "03896770"}, "business-address": {"street1": "AMSTELVEENSEWEG 500, 1081 KL AMSTERDAM", "street2": "PO BOX 810, 1000 AV", "city": "AMSTERDAM", "state": "P7", "zip": "0000", "phone": "01131205418534"}, "mail-address": {"street1": "AMSTELVEENSEWEG 500, 1081 KL AMSTERDAM", "street2": "PO BOX 810, 1000 AV", "city": "AMSTERDAM", "state": "P7", "zip": "0000"}}
Form S-8
As filed with the Securities and Exchange Commission on September 15, 2003
Registration No.
333-_____
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
ING GROEP N.V.
(Exact name of registrant as specified in its charter)
ING GROUP N.V.
(Translation of Registrant's Name into English)
The Netherlands
(State or other jurisdiction of
incorporation or organization)
Not Applicable
(I.R.S. Employer
Identification No.)
Amstelveenseweg 500
1081 KL Amsterdam
P.O. Box 810
1000 AV Amsterdam
The Netherlands
(Address of principal
executive offices)
ING AMERICAS SAVINGS PLAN AND ESOP
(Full title of the plan)
B. Scott Burton
Corporate General Counsel and Assistant Secretary
ING North America
Insurance Corporation
5780 Powers Ferry Road, N.W.
Atlanta, Georgia 30237-4390
(Name and address of agent for service)
770-980-5637
(Telephone number, including area code, of agent for service)
Copies to:
Alexander G. Simpson
King & Spalding LLP
1185 Avenue of the Americas
New York, New York 10036-4003
William D. Torchiana
Sullivan & Cromwell LLP
125 Broad Street
New York, NY 10004-2498
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount to be
Registered
Proposed Maximum
Offering Price Per
Share
Proposed Maximum
Aggregate
Offering Price
Amount of
Registration Fee
Ordinary Shares with a nominal value of 0.24 euros (EUR 0.24)
each of ING Group N.V. (1)
5,000,000 (2)
$20.60(3)
$103,000,000
$9,476
Interests
in the ING Americas
Savings Plan and ESOP
(4)
N/A (5)
N/A (5)
N/A (5)
Bearer Depositary Receipts
(6)
(6)
(6)
(6)
(1)
A separate registration statement on Form F-6 (Registration No. 333-7684) has
been filed with respect to the American Depositary Shares ("ADSs")
evidenced by American Depositary Receipts. Each ADS represents one Bearer
Depositary Receipt issued by Stichting ING Aandelen with respect to Ordinary
Shares with a nominal value of 0.24 euros (EUR 0.24) each of ING Groep N.V.
(2)
Pursuant to Rule 416 under the Securities Act of 1933, this Registration
          Statement also covers additional shares which may be necessary to adjust the
          number of shares reserved for issuance pursuant to the ING Americas Savings Plan
          and ESOP for any future stock split, stock dividend or similar adjustment of the
          outstanding Ordinary Shares and Bearer Depositary Receipts of the Registrant.
(3)
Estimated solely for calculating the amount of the registration fee, pursuant to
          paragraphs (c) and (h) of Rule 457 under the Securities Act of 1933, on the
          basis of the high and low sales prices of the Bearer Depositary Receipts on the
          Euro Amsterdam Stock Market on September 11, 2003, within 5 business days prior
          to filing, which was 18.40 euros. Such euro price was converted to U.S. dollars
          at U.S. $1.1195 = EUR $1.00, the approximate exchange rate prevailing on
          September 11, 2003.
(4)
In addition, pursuant to Rule 416(c) under the Securities Act of 1933, this
          Registration also covers an indeterminate amount of plan interests to be offered
          or sold pursuant to the employee benefit plan described herein.
(5)
Pursuant to Rule 457(h)(2) under the Securities Act of 1933, where a
          registration statement registers securities of the registrant and also registers
          interests in a plan, no separate fee is required with respect to such plan
          interests.
(6)
Includes a like amount of Bearer Depositary Receipts. Pursuant to Rule 457(i),
          no additional fee is required in connection with the Bearer Depositary Receipts.
PART I
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 1.  Incorporation of Documents by Reference
The Registrant incorporates herein by reference the Registration Statement on Form S-8 (File No. 333-13668) which was filed by
the Registrant with the Securities and Exchange Commission on July 2, 2001.
SIGNATURES
THE
REGISTRANT
. Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of Amsterdam, the
Netherlands, on this 15th day of September, 2003.
ING GROEP N.V.
By:
/s/ Cees Maas
Name: Cees Maas
Title: Chief Financial Officer
KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints B. Scott Burton, his true and lawful attorney-in-fact and agent, with full power
of substitution and resubstitution for such person and in his or her name, place and
stead, in any and all capacities, to sign any and all amendments to this Registration
Statement, and to file the same with all exhibits thereto and other documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and every act
and thing requisite or necessary to be done in and about the premises, as fully and to all
intents and purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his substitute, may lawfully do or
cause to be done by virtue hereof.
Pursuant
to the requirements of the Securities Act of 1933, as this Registration Statement has been
signed by the following persons in the capacities and on the date indicated.
Signature
Title
Date
/s/ Eswald Kist
(Principal Executive Officer)
September 15, 2003
Ewald Kist
/s/ Cees Maas
(Principal Financial Officer)
September 15, 2003
Cees Maas
/s/ J. Hans van Barneveld
(Principal Accounting Officer)
September 15, 2003
J. Hans van Barneveld
/s/ Michel Tilmant
Member of Executive Board
September 15, 2003
Michel Tilmant
Signature
Title
Date
/s/ Fred Hubbell
Member of Executive Board
September 15, 2003
Fred Hubbell
/s/ Hessel Lindenbergh
Member of Executive Board
September 15, 2003
Hessel Lindenbergh
/s/ Alexander Rinnooy Kan
Member of Executive Board
September 15, 2003
Alexander Rinnooy Kan
S-2
Pursuant to the requirements of the Securities Act of 1933, the
authorized representative has duly caused this Registration Statement to be
signed on its behalf by the undersigned, solely in its capacity as the duly
authorized representative of ING Groep N.V. in the United States, the City of
New York, State of New York, on this 15th day of September, 2003.
ING NORTH AMERICA INSURANCE CORPORATION
By:
/s/ B. Scott Burton
Name: B. Scott Burton
Title:  Authorized Signatory
S-1
THE
PLAN
. Pursuant to the requirements of the Securities Act of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Atlanta, State of Georgia, on this 15th day of September, 2003.
ING AMERICAS SAVINGS PLAN AND ESOP
By:   ING U.S. Pension Committee
By:
/s/ Darryl Harris
Name: Darryl Harris
Title: Chairman
S-1
EXHIBIT INDEX
Exhibit
Number
Description of Exhibit
23.1
23.2
23.3
24.1
Consent of Ernst & Young Accountants
Consent of KPMG Accountants N.V.
Consent of Ernst & Young Reviseurs d''Enterprises S.C.C.
Power of Attorney (included in signature page)