EXHIBIT (d)(27)(i)
AMENDED SCHEDULE A
TO THE
RESTATED EXPENSE LIMITATION AGREEMENT
ING EQUITY TRUST
OPERATING EXPENSE LIMITS
MAXIMUM OPERATING EXPENSE LIMIT
(AS A PERCENTAGE OF AVERAGE NET ASSETS)
---------------------------------------
NAME OF FUND Class A Class B Class C Class I Class Q
------------ ------- ------- ------- ------- -------
ING Convertible Fund 1.60% 2.25% 2.25% N/A 1.50%
Initial Term Expires May 31, 2004
ING Equity and Bond Fund 1.60% 2.25% 2.25% N/A 1.50%
Initial Term Expires May 31, 2004
ING Large Company Value Fund 2.75% 3.50% 3.50% N/A 2.75%
Initial Term Expires May 31, 2004
ING LargeCap Growth Fund 1.45% 2.10% 2.10% 1.10% 1.35%
Initial Term Expires May 31, 2004
ING MidCap Opportunities Fund* 1.50% 2.20% 2.20% 1.20% 1.35%
Initial Term Expires January 1, 2004
ING MidCap Value Fund 1.75% 2.50% 2.50% 1.50% 1.75%
Initial Term Expires May 31, 2004
ING SmallCap Value Fund 1.75% 2.50% 2.50% 1.50% 1.75%
Initial Term Expires May 31, 2004
ING Tax Efficient Equity Fund 1.45% 2.20% 2.20% N/A N/A
Initial Term Expires May 31, 2004
____
HE
*BEGINNING JANUARY 1, 2004, THE EXPENSE LIMITS FOR ING MIDCAP OPPORTUNITIES FUND
WILL BE AS FOLLOWS:
CLASS A CLASS B CLASS C CLASS I CLASS Q
------- ------- ------- ------- -------
ING MIDCAP OPPORTUNITIES FUND* 1.75% 2.45% 2.45% 1.45% 1.60%
INITIAL TERM EXPIRES MAY 31, 2004
