Nine aspirants will battle for the crown of the best amateur ‘Indian Investor of the Year’, in the last phase of a reality television game show, presented by ING Vysya Mutual Fund, in association with CNBC Awaaz TV channel. The nine finalists, who were short listed by an eminent jury panel from amongst 6,000 registered participants, will be seen battling for top honor during the ‘Indian Investor of the Year’ show episode to be telecast on CNBC Awaaz TV channel at 7 p.m. on June 2 and at 9:30 p.m. on June 3, 2007.

Mr. Vikaas M. Sachdeva, Country Head – Business Development, ING Vysya Mutual Fund, says, “ING Vysya Mutual Fund, in association with CNBC Awaaz TV channel, conceptualized the innovative game show with the idea of hunting for the ‘best amateur’ investor in the country and also to connect to the ever-growing investor community. ING Vysya Mutual Fund has given an opportunity of a lifetime to aspirants and the 9 finalists to prove their investment business and fund management skills in addition to the other ancillary soft skills. The winner might get a chance to undergo a training program in Hong Kong and could probably land a Job at ING Vysya Mutual Fund.”

The 9 finalists Mr. Ashish Mahajan (Gurgaon), Mr. Greenize Jain (New Delhi), Mr. Rahul Garg (New Delhi), Mr. Dewang Rajpal (Mumbai), Mr. Naveen Singh (Mumbai), Mr. Sujit Sharma (Kolkata), Mr. Bharat Arora (Ahmedabad), Mr. Neeraj Khaitan (Kolkata) and Mr. V Mahajan (Kolkata) will now individually plan out their portfolios. At the end of each week, an eminent Jury Team would eliminate 2 candidates based on their performance.

The jury comprises renowned personalities of the corporate world, many industry veterans and technical analysts. Mr. Dhirendra Kumar, founder and CEO of Value Research and India’s foremost expert on mutual funds, was an active member of the Jury. The other panelists include:

Mr. Jayesh Desai, General Manager, Torrent Group

Mr. Rostow Ravanan, Co-founder, CFO and Company Secretary of MindTree

Mr. Ravi Sud, Senior Vice President & CFO, Hero Honda

Mr. Puneet Jain, Ex-Editor Economic Times, Investors Guide

Mr. Jagdish Singh, Head – Treasury, ITC Limited

Mr. Abhay Aima, Country Head-Equity, Private Banking & Third Party Products, HDFC Bank

Ms. Kavita Hurry, MD & CEO, ING Vysya Mutual Fund

Mr. Vikaas M Sachdeva, Country Head – Business Development, ING Vysya Mutual Fund

Mr. Anil Singhvi, Markets Editor, CNBC Awaaz

Mr. P. B. Parasnis, Assistant MD and CFO, Finolex Cables Ltd

Mr. Nitesh Chand, Head of Research and Chief Technical Analyst at Sykes and Ray Equities (I) Ltd.

In Phase 1, 6,000 participants registered themselves to build a virtual portfolio with a notional corpus on moneycontrol.com. The portfolios were evaluated on both qualitative and quantitative parameters. In Phase 2, 200 of the best performing portfolios from these entries were short listed for the next round. These 200 candidates were interviewed by an eminent Jury across 6 cities: Ahmedabad, Bangalore, Delhi, Kolkata, Mumbai and Pune. The jury judged them on various parameters including knowledge of markets, analytical abilities, communication skills, news awareness, etc. While the initial elimination round looked at absolute returns, thereafter, it became an entirely different ballgame. In Phase 3, the distinguished Jury short listed 25 candidates based on their performance. These 25 contestants were then dividend into 5 teams. Each team had to work together to construct portfolios with the given notional corpus of Rs. 10 crores. In addition to this, various challenges were thrown their way while they were trading and they were also given a few tasks to accomplish. At the end of one week, the Jury Team evaluated their performance and selected the Lucky 9, who made it to the final round.

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About ING Vysya Mutual Fund:

ING Vysya Mutual Fund was established in India by ING Groep – the world’s LARGEST global corporation (Source: Fortune Global 500, July, 2006). Headquartered in Amsterdam, Netherlands, ING Groep is present in over 50 countries across the world, with more than 113,000 employees and total assets exceeding Euro 1159 billion (Source: www.ing.com). ING Vysya Mutual Fund brings with it the vast international experience and professional expertise of the ING Group, who are world leaders in Banking, Insurance and Asset Management. In India, ING Vysya Mutual Fund has presence across 34 cities, with Rs. 3164.48 crores of assets under management as on April 30, 2007. ING Vysya Mutual Fund believes in providing investors with the most practical and secure investment opportunities to invest their valuable savings. This is combined with a range of innovative options to deliver optimum returns combined with a high degree of security. The rating only indicates highest degree of certainty regarding payment of face value of investment to the unit holders on maturity and it is not an opinion on the stability of the schemes NAV. The rating may vary with the market developments. There is no capital protection from anyone or guarantee that the scheme objective will be achieved. ** The AUM of ING Vysya Mutual Fund was Rs. 3164.48 crores as on 30th April, 2007. Statutory Details: ING Vysya Mutual Fund has been constituted as a Trust by the ING Group, and the Board of Trustees has appointed ING Investment Management (India) Private Limited as the Investment Manager to the Mutual Fund.

Risk Factors: Mutual Funds and securities investment are subject to the market risks, and there is no assurance or guarantee that the objects of the Schemes will be achieved. As with any investment in securities, the NAV of the units issued under the scheme can go up or down depending on the factors and the forces affecting the capital markets. Past performance of the Sponsors/ Mutual Fund or their affiliates does not indicate the future performance of the Scheme. The Sponsors and associates are not responsible or liable for any loss resulting from the operation of the Scheme beyond the initial contribution of Rs. 1 lakh made by them towards setting of the mutual fund. ING Vysya Bank a shareholder of ING Investment Management (I) Pvt Ltd is not liable or responsible for any loss or short fall resulting from the operation of the scheme. ING Vysya Select Stocks Fund (Investment objective: to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities), ING Vysya Nifty Plus Fund (Investment objective: to invest in companies whose securities are included in the S & P CNX Nifty Index), ING Vysya Tax Savings Fund (Investment objective: to provide medium to long term growth of capital along with income tax rebate), ING Vysya Domestic Opportunities Fund (Investment objective: to seek to provide long-term capital appreciation from a portfolio that is primarily invested in companies which derive a significant proportion of their revenues from the domestic Indian market place / economy), ING Vysya Mid Cap Fund – (Investment objective: seeks to provide long-term growth of capital at controlled level of risk by investing primarily in Mid-Cap stocks, The level of risk is somewhat higher than a fund focused on large and liquid stocks. Concomitantly, the aim is to generate higher returns than a fund focused on large and liquid stocks), ING Vysya Liquid Fund (Investment objective: seek to provide reasonable returns while providing a high level of liquidity and low risk by investing primarily in money market and debt securities.), ING Vysya Dividend Yield Fund - an open ended equity scheme, (Investment objective: To provide medium to long term capital appreciation and / or dividend distribution by investing predominantly in equity and equity related instruments, which offer high dividend yield), ING Vysya L.I.O.N Fund (Large cap, Intermediate cap, Opportunities, New offerings) is an open-ended diversified equity fund (Investment objective: seeks to provide medium to long-term capital appreciation by investing in stocks across the entire market capitalization range.) ING Vysya A.T.M (Against the Market) Fund – (Investment objective: To generate capital appreciation from a diversified portfolio of equity and equity related instruments by investing in stocks of companies, which are fundamentally sound but are undervalued), are the names of the schemes and do not in any manner indicate the either the quality of the schemes or their future prospects or returns. A copy of the Offer Documents / Key Information Memorandum along with the application form can be obtained from the ISCs. Please read the Offer Document carefully for schemes- specific risk factors before investing.

* Conditions Apply