AMENDMENT AGREEMENT AMENDMENT AGREEMENT, effective as of May 1, 2002 by and between Portfolio Partners, Inc., (to be renamed ING Partners, Inc.) a company organized under the laws of the state of Maryland (the "Company") and Investors Bank & Trust...

                                                           Exhibit 99.(g)(1)(i)

                               AMENDMENT AGREEMENT

     AMENDMENT AGREEMENT, effective as of May 1, 2002 by and between Portfolio
Partners, Inc., (to be renamed ING Partners, Inc.) a company organized under the
laws of the state of Maryland (the "Company") and Investors Bank & Trust
Company, a Massachusetts trust company ("Investors Bank").

     WHEREAS the Company and Investors Bank entered into a Custodian Agreement
dated December 14, 2001 as amended from time to time (the "Custodian
Agreement"); and

     WHEREAS, the Company and Investors Bank desire to amend the Custodian
Agreement as set forth below.

     NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein set forth, the parties hereto agree as follows:

1.   AMENDMENTS.


     (a)  APPENDIX A to the Custodian Agreement is hereby amended by deleting
          such APPENDIX A in its entirety and replacing it with APPENDIX A
          attached hereto as Exhibit I.

2.   MISCELLANEOUS.

     (a)  Except as amended hereby, the Custodian Agreement shall remain in full
          force and effect.

     (b)  This Amendment may be executed in two or more counterparts, each of
          which shall be deemed an original, but all of which together shall
          constitute one and the same instrument.

                  [Remainder of Page Intentionally Left Blank]


INVESTORS BANK & TRUST COMPANY          PORTFOLIO PARTNERS, INC.

By: /s/ Xxxxxx X. Xxxxxx                By: /s/ Xxxxxx X. Xxxxxxxxxxx
   ---------------------------             --------------------------

Name: Xxxxxx X. Xxxxxx                  Name: Xxxxxx X. Xxxxxxxxxxx
     -------------------------               ------------------------

Title: Managing Director                Title: President
      ------------------------                -----------------------



                                                                       EXHIBIT I

                                   APPENDIX A

Series of Portfolio Partners, Inc. (to be renamed ING Partners, Inc. effective
May 1, 2002):

                  MFS Emerging Equities Portfolio

                  MFS Research Growth Portfolio

                  MFS Capital Opportunities Portfolio

                  Xxxxxxx International Growth Portfolio

                  X. Xxxx Price Growth Equity Portfolio

                  Xxxxxxx Xxxxx Capital Growth Portfolio

                  Salomon Brothers Capital Portfolio

                  OpCap Balanced Value Portfolio

                  Xxxxxxx Tactical Asset Allocation Portfolio
                  (to be renamed UBS Tactical Asset Allocation Portfolio)

                  DSI Enhanced Index Portfolio

                  Salomon Brothers Investors Value Portfolio

                  Xxxxx Growth Portfolio

                  Xxxxx Aggressive Growth Portfolio

                  JPMorgan Mid Cap Value

                  Baron Small Cap Growth

                  Xxx Xxxxxx Xxxxxxxx

                  MFS Global Growth

                  PIMCO Total Return

                  American Century Small Cap Value