FRANKFURT--The following is a summary of analysts' forecasts for ING Groep NV (ING) first-quarter results, based on a poll of four analysts conducted by Dow Jones Newswires (figures in million euros, target price in euro, according to IFRS). Earnings figures are scheduled to be released May 7.

=== 
                       EBT 
                   Banking 
1st Quarter     Underlying 
 
AVERAGE              1,186 
Prev. Year           1,169 
+/- in %              +1.5 
 
MEDIAN               1,182 
Maximum              1,327 
Minimum              1,054 
Amount                   4 
 
Deutsche Bank        1,054 
J.P. Morgan          1,163 
Morgan Stanley       1,201 
Rabobank             1,327 
 
 
          Target price  Rating 
 
AVERAGE          12.00  positive 5 
Prev. Quarter    11.46  neutral  0 
+/- in %          +4.7  negative 0 
 
MEDIAN           12.00 
Maximum          13.00 
Minimum          11.00 
Amount            4 
 
Berenberg        11.00  Buy 
Deutsche Bank    11.50  Buy 
J.P. Morgan      12.50  Overweight 
Morgan Stanley      --  Overweight 
Rabobank         13.00  Buy 
===

Year-earlier figures are as reported by the company.

DJG/err

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