1. The above standalone results for the year ended March 31, 2009 were reviewed by the Audit Committee of the Board and approved by the Board at its meeting held on April 28, 2009.

2. The results for the year ended March 31, 2009 have been prepared following the same accounting policies as those followed in the annual financial statements for the year ended March 31, 2008.

3. The results for the year ended March 31, 2009 have been arrived at after considering provision for Non Performing Assets and Standard Assets (as per the guidelines issued by the Reserve Bank of India), Taxation, Pension, Gratuity, Leave, Bonus, Depreciation on Fixed Assets and other expenses.

4. Exceptional items for the previous year ended March 31, 2008 represents sale of a Non-Banking Asset resulting in pro-tax profit of Rs 18.38 crores and divestment of the Bank´s holdings in ING Investment Management (India) Pvt Ltd (IIM) resulting in pre-tax profit of Rs 1.99 crores.

5. The Bank adopted Basel II framework as on March 31, 2009. Due to the revised guidelines, previous year Capital Adequacy Ratio (CAR) figures are not comparable. The CAR computed as per the Basel I guidelines is at 11.68%.

6. The consolidated figures of ING Vysya Bank Ltd and its subsidiary ING Vysya Financial Services Ltd are:

Gross Income - Rs 2788.03 Crores
Net Profit after Tax - Rs 189.18 Crores
Earnings per Share
Basic - Rs 18.45
Diluted - Rs 18.37

7. The Board of Directors have proposed a dividend @ 20% for the year.

8. Comparative figures for the previous periods have been regrouped / rearranged / reclassified, where required, to conform to current classification.

K R Ramamoorthy
Chairman