October 31, 2008 Ms. Katherine Dinella Vice President The Bank of New York Mellon - Securities Lending

Exhibit 99.B(g)(3)(iii)

October 31, 2008

Xx. Xxxxxxxxx Xxxxxxx

Vice President

The Bank of New York Mellon - Securities Lending

00 Xxx Xxxx, 00xx Floor

New York, NY 10286

Dear Xx. Xxxxxxx:

Pursuant to the terms and conditions of the Securities Lending Agreement and Guaranty dated August 7, 2003 and the Subscription Agreement dated August 8, 2003 (the “Agreements”), we hereby notify you of the addition of ING U.S. Government Money Market Fund and ING U.S. Government Money Market Portfolio, each a series of ING Series Fund, Inc. and ING Variable Portfolios, Inc., respectively, (together, the “Funds”), to be included on the Amended Exhibit A to the Agreements.  This Amended Exhibit A supersedes the previous Amended Exhibit A dated October 22, 2008 and is attached hereto.

Please signify your acceptance to provide services under the Agreements with respect to the Funds by signing below. If you have any questions, please contact me at (000) 000-0000.

			Sincerely,
			By:	/s/ Xxxx Xxxxx
			Name:	Xxxx Xxxxx
			Title:	Senior Vice President
				ING Series Fund, Inc.
				ING Variable Portfolios, Inc.
ACCEPTED AND AGREED TO:
The Bank of New York Mellon
By:	Xxxxxxx X. Xxxxx
Name:	Xxxxxxx X. Xxxxx
Title:	Managing Director, Duly Authorized

0000 X. Xxxxxxxxxx Xxxxx Xx.
Scottsdale, AZ 00000-0000 Tel: 000-000-0000
Fax: 000-000-0000
xxx.xxxxxxxx.xxx ING Series Fund, Inc.
ING Variable Portfolios, Inc.

AMENDED EXHIBIT A

with respect to the

SECURITIES LENDING AGREEMENT AND GUARANTY AND

SUBSCRIPTION AGREEMENT

Fund		BNY Account Number (domestic/global)
ING Asia Pacific High Dividend Equity Income Fund		470269
ING Equity Trust
ING Equity Dividend Fund		471164
ING Financial Services Fund		464731
ING Fundamental Research Fund		464290
ING Index Plus LargeCap Equity Fund		464713
ING Index Plus LargeCap Equity Fund II		464714
ING Index Plus LargeCap Equity Fund III		464715
ING Index Plus LargeCap Equity Fund IV		464716
ING Index Plus LargeCap Equity Fund V		464717
ING Index Plus LargeCap Equity Fund VI		464718
ING Index Plus LargeCap Equity Fund VII		464748
ING Index Plus LargeCap Equity Fund VIII		TBD
ING Index Plus LargeCap Equity Fund IX		TBD
ING Index Plus LargeCap Equity Fund X		TBD
ING Index Plus LargeCap Equity Fund XI		TBD
ING Index Plus LargeCap Equity Fund XII		TBD
ING LargeCap Growth Fund		464733
ING MidCap Opportunities Fund		464741
ING Opportunistic LargeCap Fund		464288
ING Real Estate Fund		464746
ING SmallCap Opportunities Fund		464743
ING SmallCap Value Multi-Manager Fund		NWQ Sleeve – 464788 KAR Sleeve – 470532 IIM Sleeve – 470533
ING Value Choice Fund		464786
ING Funds Trust
ING Classic Money Market Fund		464008
ING GNMA Income Fund		464012
ING High Yield Bond Fund		464010
ING Institutional Prime Money Market Fund		464048
ING Intermediate Bond Fund		464006
ING Global Advantage and Premium Opportunity Fund		464792 domestic 464790 global 464791 composite
ING Global Equity Dividend and Premium Opportunity Fund		464767

2

Fund		BNY Account Number (domestic/global)
ING Infrastructure Development Equity Fund		471149
ING International High Dividend Equity Income Fund		IIM – 471086 IIMA Europe – 471088 IIM Asia/Pacific – 471090
ING Investors Trust
ING AllianceBernstein Mid Cap Growth Portfolio		058102
ING American Funds Asset Allocation Portfolio		471146
ING American Funds Bond Portfolio		471173
ING American Funds Growth Portfolio		464755
ING American Funds Growth-Income Portfolio		464753
ING American Funds International Portfolio		464761
ING American Funds World Allocation Portfolio		471391
ING BlackRock Large Cap Growth Portfolio		279607
ING BlackRock Large Cap Value Portfolio		279608
ING BlackRock Inflation Protected Bond Portfolio		470551
ING Disciplined Small Cap Value Portfolio		464711
ING Evergreen Health Sciences Portfolio		464704
ING Evergreen Omega Portfolio		464706
ING FMRSM Diversified Mid Cap Portfolio		058404
ING Franklin Income Portfolio		464703
ING Franklin Mutual Shares Portfolio		470549
ING Xxxxxxxx Xxxxxxxxx Founding Strategy Portfolio		470550
ING Focus 5 Portfolio		Composite – 471087 Large Cap Market 10 – 471096 U.S. Blue-Chip 10 – 471094 Int’l Blue-Chip 75 – 471144 Small Cap 40 – 471170 25 Fund – 471098
ING Global Real Estate Portfolio		464280
ING Global Resources Portfolio		058085
ING Xxxxxxx Xxxxx Commodity Strategy Portfolio		471201
ING International Growth Opportunities Portfolio		279604
ING Janus Contrarian Portfolio		058401/279601
ING JPMorgan Emerging Markets Equity Portfolio		058096
ING JPMorgan Small Cap Core Equity Portfolio		279610
ING JPMorgan Value Opportunities Portfolio		464582
ING Xxxxxx Xxxx Foreign Portfolio		279606
ING Xxxx Xxxxx Value Portfolio		058400/279600
ING LifeStyle Aggressive Growth Portfolio		464998
ING LifeStyle Conservative Portfolio		471092
ING LifeStyle Growth Portfolio		464996
ING LifeStyle Moderate Growth Portfolio		464994
ING LifeStyle Moderate Portfolio		464992
ING Limited Maturity Bond Portfolio		058082
ING Liquid Assets Portfolio		058081
ING Lord Xxxxxx Affiliated Portfolio		058220
ING Xxxxxxx Growth Portfolio		058101

3

Fund		BNY Account Number (domestic/global)
ING Xxxxxxx International Opportunities Portfolio		464576
ING MFS Total Return Portfolio		058100
ING MFS Utilities Portfolio		464584
ING Multi-Manager International Small Cap Portfolio		Fund – 471209 Xxxxxxxx Sleeve – 471203 American Century Sleeve - 471327
ING Xxxxxxxxxxx Active Asset Allocation Portfolio		471395
ING Xxxxxxxxxxx Main Street Portfolio®		058099
ING PIMCO Core Bond Portfolio		058103
ING PIMCO High Yield Portfolio		464018
ING Pioneer Equity Income Fund		470567
ING Pioneer Fund Portfolio		464578
ING Pioneer Mid Cap Value Portfolio		464580
ING Stock Index Portfolio		464701
ING X. Xxxx Price Capital Appreciation Portfolio		058084
ING X. Xxxx Price Equity Income Portfolio		058087
ING Xxxxxxxxx Global Growth Portfolio		058095
ING Xxx Xxxxxx Capital Growth Portfolio		279609
ING Xxx Xxxxxx Global Franchise Portfolio		279605
ING Xxx Xxxxxx Global Tactical Asset Allocation Portfolio		471115
ING Xxx Xxxxxx Growth and Income Portfolio		058090
ING Xxx Xxxxxx Real Estate Portfolio		058086
ING VP Index Plus International Equity Portfolio		464492
ING Xxxxx Fargo Small Cap Disciplined Portfolio		464795
ING Mayflower Trust
ING International Value Fund		Xxxxxxx Sleeve – 464212 IIM Sleeve – 471400 Composite - 471399
ING Mutual Funds
ING Asia-Pacific Real Estate Fund		471156
ING Disciplined International SmallCap Fund		464294
ING Diversified International Fund		464292
ING Emerging Countries Fund		464214
ING Emerging Markets Fixed Income Fund		464296
ING European Real Estate Fund		471148
ING Foreign Fund		464202
ING Global Bond Fund		464773
ING Global Equity Dividend Fund		464751
ING Global Natural Resources Fund		464210
ING Global Real Estate Fund		464220
ING Global Value Choice Fund		464218
ING Greater China Fund		464286
ING Index Plus International Equity Fund		464282
ING International Capital Appreciation Fund		464282
ING International Equity Dividend Fund		470552
ING International Growth Opportunities Fund		464206
ING International Real Estate Fund		464298

4

Fund		BNY Account Number (domestic/global)
ING International SmallCap Multi-Manager Fund		464216
ING International Value Choice Fund		464278
ING Russia Fund		464208
ING Partners, Inc.
ING American Century Large Company Value Portfolio		464544
ING American Century Small-Mid Cap Value Portfolio		464515/464521 Composite - 464501
ING Baron Asset Portfolio		464556
ING Baron Small Cap Growth Portfolio		464504
ING Columbia Small Cap Value II Portfolio		Team II, Sleeve 1 – 464785 Team I, Sleeve II – 471330 Composite – 471329
ING Xxxxx New York Venture Portfolio		464546
ING Fidelity® VIP Contrafund® Portfolio		464564
ING Fidelity® VIP Equity-Income Portfolio		464568
ING Fidelity® VIP Growth Portfolio		464570
ING Fidelity® VIP Mid Cap Portfolio		464566
ING Index Solution 2015 Portfolio		471152
ING Index Solution 2025 Portfolio		471154
ING Index Solution 2035 Portfolio		471158
ING Index Solution 2045 Portfolio		471159
ING Index Solution Income Portfolio		471151
ING JPMorgan Mid Cap Value Portfolio		464506
ING Xxxx Xxxxx Partners Aggressive Growth Portfolio		464518
ING Xxxxxxxxx Xxxxxx Partners Portfolio		464598
ING OpCap Balanced Value Portfolio		464542
ING Xxxxxxxxxxx Global Portfolio		464508
ING Xxxxxxxxxxx Strategic Income Portfolio		464548
ING PIMCO Total Return Portfolio		464510
ING Pioneer High Yield Portfolio		464032
ING Solution 2015 Portfolio		464590
ING Solution 2025 Portfolio		464594
ING Solution 2035 Portfolio		464596
ING Solution 2045 Portfolio		464574
ING Solution Growth and Income Portfolio		471082
ING Solution Growth Portfolio		471083
ING Solution Income Portfolio		464586
ING X. Xxxx Price Diversified Mid Cap Growth Portfolio		464534
ING X. Xxxx Price Growth Equity Portfolio		464530
ING Xxxxxxxxx Foreign Equity Portfolio		464200
ING Xxxxxxxxx Value Portfolio		464522
ING UBS U.S. Large Cap Equity Portfolio		464520
ING Xxx Xxxxxx Xxxxxxxx Portfolio		464512
ING Xxx Xxxxxx Equity and Income Portfolio		464536
ING Risk Managed Natural Resources Fund		464763

5

Fund		BNY Account Number (domestic/global)
ING Separate Portfolios Trust
ING SPorts Core Fixed Income Fund		470568
ING SPorts Core Plus Fixed Income Fund		470569
ING Series Fund, Inc.
Brokerage Cash Reserves		464062
ING 130/30 Fundamental Research Fund		464599
ING Alternative Beta Fund		471392
ING Balanced Fund		464764
ING Corporate Leaders 100 Fund		471161
ING Global Target Payment Fund		471174
ING Global Science and Technology Fund		464750
ING Growth and Income Fund		464723
ING Index Plus LargeCap Fund		464726
ING Index Plus MidCap Fund		464727
ING Index Plus SmallCap Fund		464725
ING Money Market Fund		464064
ING Small Company Fund		464729
ING Strategic Allocation Conservative Fund		464722
ING Strategic Allocation Growth Fund		464720
ING Strategic Allocation Moderate Fund		464719
ING Tactical Asset Allocation Fund		471160
ING U.S. Government Money Market Fund		471239
ING Strategic Allocation Portfolios, Inc.
ING VP Strategic Allocation Conservative Portfolio		464420
ING VP Strategic Allocation Growth Portfolio		464418
ING VP Strategic Allocation Moderate Portfolio		464416
ING Variable Funds
ING VP Growth and Income Portfolio		464402
ING Variable Portfolios, Inc.
ING BlackRock Global Science and Technology Portfolio		464422
ING Global Equity Option Portfolio		471397
ING International Index Portfolio		471167
ING Xxxxxx Brothers U.S. Aggregate Bond Index® Portfolio		471169
ING Morningstar® U.S. GrowthSM Index Portfolio		471206
ING Opportunistic LargeCap Growth Portfolio		464404
ING Opportunistic LargeCap Value Portfolio		464424
ING Xxxxxxx™ Global Large Cap Index 85% Portfolio		471202
ING Xxxxxxx™ Large Cap Index Portfolio		471172
ING Xxxxxxx™ Mid Cap Index Portfolio		471168
ING Xxxxxxx™ Small Cap Index Portfolio		471166
ING U.S. Government Money Market Portfolio		471237
ING VP Index Plus LargeCap Portfolio		464406
ING VP Index Plus MidCap Portfolio		464408
ING VP Index Plus SmallCap Portfolio		464410
ING VP Small Company Portfolio		464414

6

Fund		BNY Account Number (domestic/global)
ING WisdomTreeSM Global High-Yielding Equity Index Portfolio		471145
ING Variable Products Trust
ING VP International Value Portfolio		464464
ING XX XxxXxx Opportunities Portfolio		464444
ING VP SmallCap Opportunities Portfolio		464450
ING VP Balanced Portfolio, Inc.		464428
ING VP Intermediate Bond Portfolio		464400
ING VP Money Market Portfolio		464412

7