Exhibit 99.B(d)(2)(O)(iv)
[ING FUNDS LOGO]
February 26, 2004
VIA FACSIMILE AND UPS NEXT DAY AIR
Janus Capital Management, LLC
00 Xxxx Xx. 0xx xxxxx
Xxxxx, XX 00000
Re: Portfolio Management Agreement
To Whom It May Concern:
Pursuant to Section 16 of the Portfolio Management Agreement (the
"Agreement") between Janus Capital Management, LLC, ING Investors Trust
(formerly known as The GCG Trust), and Directed Services, Inc., this letter
serves as notice of termination of the Agreement with respect to the ING Janus
Growth and Income Portfolio effective as of May 2, 2004.
Sincerely,
/s/ Xxxx Xxxxxxxxx
Xxxx Xxxxxxxxx
Directed Services, Inc.
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Investros Trust
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
