September 28, 2010 Christopher Kurtz Vice President, Finance ING Investment Management Co. Hartford, CT 06103-3602 Dear Mr. Kurtz:

(d)(3)(ii)

September 28, 2010

Xxxxxxxxxxx Xxxxx

Vice President, Finance

ING Investment Management Co.

00 Xxxxx Xxxxx Xxxxxx

Hartford, CT 06103-3602

Dear Xx. Xxxxx:

Pursuant to the Sub-Advisory Agreement dated August 1, 2003, as amended (the “Agreement”), between ING Investments, LLC and ING Investment Management Co. (IIM), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING Index Plus International Equity Fund (the “Fund”), a series of ING Mutual Funds, effective on or about September 28, 2010, subject to shareholder approval, 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 above-mentioned Fund to Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fee indicated for the Fund, is attached hereto. The remaining terms and conditions set forth in the Agreement will remain unchanged.

Please signify your acceptance to act as Sub-Adviser under the Agreement with respect to the Fund by signing below.

Very sincerely,

/s/ Xxxx Xxxxx

Xxxx Xxxxx

Senior Vice President

ING Investments, LLC

ACCEPTED AND AGREED TO: ING Investment Management Co.
By:		/s/ Xxxxxxxxxxx Xxxxx
Name:		Xxxxxxxxxxx Xxxxx
Title:		VP Finance, Duly Authorized

0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx ING Investments, LLC

AMENDED SCHEDULE A

with respect to the

SUB-ADVISORY AGREEMENT

between

ING INVESTMENTS, LLC

and

ING INVESTMENT MANAGEMENT CO.

Series		Annual Sub-Adviser Fee
		(as a percentage of average daily net assets)
ING Global Bond Fund		0.18%
ING Global Natural Resources Fund		0.4500% of first $50 million of assets 0.3375% for assets in excess of $50 million
ING Index Plus International Equity Fund		0.20%