Exhibit 99.B(d)(1)(B)(i) FIRST AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT

                                                        Exhibit 99.B(d)(1)(B)(i)

               FIRST AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT

                               ING INVESTORS TRUST

     This First Amendment, effective as of September 2, 2004, amends the
Investment Management Agreement (the "Agreement") dated August 21, 2003 between
ING Investors Trust (the "Trust"), a Massachusetts business trust and ING
Investments, LLC, an Arizona limited liability company (the "Manager"), with
regards to ING American Funds Growth Portfolio, ING American Funds Growth-Income
Portfolio and ING American Funds International Portfolio, each a Series of the
Trust, and any future Series of the Trust that may become party to the
Agreement.

                               W I T N E S S E T H

     WHEREAS, the parties desire to amend the Agreement and agree that the
amendment will be effective as of September 2, 2004.

     NOW, THEREFORE, the parties agree as follows:

     1.   Section 8 of the Agreement is hereby amended by inserting the words
"Board approved" in front of "trade association dues."

     2.   In all other respects, the Agreement is hereby confirmed and remains
in full force and effect.

     IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed as of the day and year first above written.


                               ING INVESTORS TRUST


                               By:   /s/ Xxxxxx X. Naka
                                     ------------------
                                     Xxxxxx X. Naka
                                     Senior Vice President


                               ING INVESTMENTS, LLC


                               By:   /s/ Xxxxxxx X. Xxxxxx
                                     ---------------------
                                     Xxxxxxx X. Xxxxxx
                                     Executive Vice President