EXHIBIT h(2)(i)
[ING LOGO]
FUNDS
September 3, 2004
Xxxxxxx X. Xxxxxx
Executive Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxxxx:
Pursuant to the Restated Administrative Services Agreement dated February
25, 2004, between ING Equity Trust and ING Funds Services, LLC (the "Agreement")
we hereby notify you of our intention to retain you as Administrator to render
administrative and other services to ING Principal Protection Fund XII, ING
Principal Protection Fund XIII and ING Principal Protection Fund XIV (the
"Funds"), three newly established series of ING Equity Trust, upon all of the
terms and conditions set forth in the Agreement. Upon your acceptance, the
Agreement will be modified to give effect to the foregoing by adding the Funds
to AMENDED SCHEDULE A of the Agreement. The AMENDED SCHEDULE A is attached
hereto.
Please signify your acceptance to act as Administrator under the Agreement
with respect to the aforementioned Funds.
Very sincerely,
/s/ Xxxxxx X. Xxxx
----------------------------
Xxxxxx X. Xxxx
Senior Vice President
ING Equity Trust
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: /s/ Xxxxxxx X. Xxxxxx
------------------------
Xxxxxxx X. Xxxxxx
Executive Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Equity Trust
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
WITH RESPECT TO THE
RESTATED ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN
ING EQUITY TRUST
AND
ING FUNDS SERVICES, LLC
SERIES ADMINISTRATIVE FEE
------ ------------------
(as a percentage of average daily net assets)
ING Principal Protection Fund 0.10%
ING Principal Protection Fund II 0.10%
ING Principal Protection Fund III 0.10%
ING Principal Protection Fund IV 0.10%
ING Principal Protection Fund V 0.10%
ING Principal Protection Fund VI 0.10%
ING Principal Protection Fund VII 0.10%
ING Principal Protection Fund VIII 0.10%
ING Principal Protection Fund IX 0.10%
ING Principal Protection Fund X 0.10%
ING Principal Protection Fund XI 0.10%
ING Principal Protection Fund XII 0.10%
ING Principal Protection Fund XIII 0.10%
ING Principal Protection Fund XIV 0.10%
