Exhibit (h)(32)(i)
SCHEDULE A
WITH RESPECT TO THE
RESTATED EXPENSE LIMITATION AGREEMENT
ING EQUITY TRUST
OPERATING EXPENSE LIMITS
GUARANTEE MAXIMUM OPERATING EXPENSE LIMIT
NAME OF FUND MATURITY DATE (AS A PERCENTAGE OF AVERAGE NET ASSETS)*
------------ ------------- ----------------------------------------
Class A Class B Class C Class Q
------- ------- ------- -------
ING Principal Protection Fund October 11, 2006 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund II January 31, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund III June 5, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund IV October 8, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund V January 22, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund VI April 22, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund VII June 26, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund VIII** October 15, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund IX** January 15, 2009 1.75% 2.50% 2.50% 1.75%
/s/ HE
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HE
Approved by the Board of Trustees on May 9, 2001 for ING Principal Protection
Fund; on November 2, 2001 for ING Principal Protection Fund II; on February 26,
2002 for ING Principal Protection Fund III; on May 24, 2002 for ING Principal
Protection Fund IV; on August 20, 2002 for ING Principal Protection Fund V; and
on November 22, 2002 for ING Principal Protection Fund VI, ING Principal
Protection Fund VII, ING Principal Protection Fund VIII and ING Principal
Protection Fund IX.
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* Effective through to the Guarantee Maturity Date, thereafter this limit is
subject to change if the Agreement is extended as contemplated in Section 3.
** This Schedule A will be effective with respect to this Fund upon the
effective date of the post-effective amendment to the Trust's Registration
Statement with respect to the Fund.