Exhibit 99.B(h)(1)(i)
[ING FUNDS LOGO]
April 11, 2006
Xxxx Xxxxx
Senior Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxxx:
Pursuant to the Administration Agreement dated May 1, 2002, between ING
Series Fund, Inc. 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 130/30 Fundamental Research Fund, a newly established
series of ING Series Fund, Inc. (the "Fund"), effective April 11, 2006, 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
Fund to AMENDED SCHEDULE A of the Agreement. The AMENDED SCHEDULE A, with the
annual administration fees indicated for each series, is attached hereto.
AMENDED SCHEDULE A has also been updated (1) to reflect name changes of ING
Growth and Income Fund to ING Equity Income Fund, ING Technology Fund to ING
Global Science and Technology Fund, and ING Index Plus Protection Fund to ING
Classic Index Plus Fund; and (2) by the removal of ING Classic Principal
Protection Fund I, ING Classic Principal Protection Fund II, ING Classic
Principal Protection Fund III, ING Classic Principal Protection Fund IV and ING
Value Opportunity Fund as these funds were recently dissolved or merged into
other funds.
Please signify your acceptance to act as Administrator under the Agreement
with respect to the aforementioned Fund.
Very sincerely,
/s/ Xxxxxx X. Xxxx
Xxxxxx X. Xxxx
Executive Vice President
ING Series Fund, Inc.
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: /s/ Xxxx Xxxxx
-------------------------------
Xxxx Xxxxx
Senior Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Series Fund, Inc.
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
WITH RESPECT TO THE
ADMINISTRATION AGREEMENT
BETWEEN
ING SERIES FUND, INC.
AND
ING FUNDS SERVICES, LLC
ADMINISTRATIVE SERVICES FEE
SERIES (AS A PERCENTAGE OF MANAGED ASSETS)
------ -----------------------------------
Brokerage Cash Reserves 0.08%
ING 130/30 Fundamental Research Fund 0.08%
ING Balanced Fund 0.08%
ING Equity Income Fund 0.08%
ING Global Science and Technology Fund 0.08%
ING Growth Fund 0.08%
ING Index Plus LargeCap Fund 0.08%
ING Index Plus MidCap Fund 0.08%
ING Classic Index Plus Fund 0.08%
ING Index Plus SmallCap Fund 0.08%
ING Small Company Fund 0.08%
ING Strategic Allocation Balanced Fund 0.08%
ING Strategic Allocation Growth Fund 0.08%
ING Strategic Allocation Income Fund 0.08%
