4 REASONS  FOR  THE  OFFER,  ESTIMATED  NET  PROCEEDS  AND  TOTAL  EXPENSES
(i) Reasons  for the offer See “Use  of Proceeds”  wording  in Base  Prospectus
(ii) Estimated  total expenses The terms  of the Public  Offer  do not provide  for any
expenses  and/or  taxes  to be charged  to any purchaser
of the Certificates
5 INFORMATION  CONCERNING  THE  UNDERLYING
The return  on the Certificates  is linked  to the performance  of the underlying  Index.  The levels  of the Index  may
go down  as well as up throughout  the life of the Certificates.  Fluctuations  in the levels  of the Index  will affect  the
value  of the Certificates.
Information  and details  of the past and further  performance  of the Index  and its volatility  can be obtained  from
Bloomberg  (Bloomberg  code:   CAC  <Index>).
6 PERFORMANCE  OF RATE  OF EXCHANGE
If the underlying  of the Certificate  is denominated  and/or  quoted  in another  currency  than the Settlement  Currency
of the Certificate,  the Certificate  is exposed  to the currency  exchange  rate risk of the currency  of the underlying  and
the Settlement  Currency.  Information  about  past and further  performance  of such currency  can be obtained  from  the
website  http://www.bloomberg.com/markets/currencies/,  or any successor  website.
7 POST-ISSUANCE  INFORMATION
Post-issuance  information  will be made  available  on the website  of the Issuer  www.ingturbo.fr,  or any succesor  website.  There  is no assurance  that the Issuer  will continue  to provide  such information  for the life of the
Certificates.

### Language ###
English

### Assessment ###
A user might want to know where to find currency exchange rate information mentioned in section 6.

### Query ###
Where can I check historical foreign exchange rates online?
Where can I check historical foreign exchange rates online?