AMENDED CUSTODIAL UNDERTAKING IN CONNECTION WITH MASTER REPURCHASE AGREEMENT

Exhibit 99.B(h)(8)(iii)

AMENDED

CUSTODIAL UNDERTAKING IN CONNECTION

WITH MASTER REPURCHASE AGREEMENT

THIS AMENDED CUSTODIAL UNDERTAKING IN CONNECTION WITH MASTER REPURCHASE AGREEMENT (the “Agreement”), dated as of November 3, 2003, is by and between each Investment Company and/or Portfolio Series or Fund of each Investment Company Identified on Schedule A hereto (“Buyer”), ▇▇▇▇▇▇▇, ▇▇▇▇▇ & Co. (“Seller”), and The Bank of New York (“Custodian”).

W I T N E S S E T H:

WHEREAS, Buyer, Seller and Custodian are parties to that certain Custodial Undertaking in Connection with Master Repurchase Agreement dated as of March 13, 2003 (the “Custodial Undertaking Agreement”); and

WHEREAS, Buyer, Seller and Custodian desire to amend the Custodial Undertaking Agreement to add the portfolio series or funds set forth on Exhibit I (the “Added Funds”), and further to change Schedule A and Schedule III to reflect the addition of such Added Funds, as set forth herein.

NOW, THEREFORE, for and in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Buyer, Seller and Custodian agree that the Custodial Undertaking Agreement is hereby amended as follows:

1. Schedule A shall be replaced in its entirety with the attached Schedule A thereby adding the Added Funds.

2. Schedule III shall be replaced in its entirety with the attached Schedule III thereby adding the account information relating to Added Funds.

IN WITNESS WHEREOF, the parties have executed this Agreement, as of the day and year first above noted, to be effective November 3, 2003.

Buyer:	Each Investment Company and/or Portfolio Series or Fund of each Investment Company Identified on Schedule A

	By:	/s/ ▇▇▇▇▇▇ ▇. Naka
	Title: ▇▇▇▇▇▇ ▇. Naka, Senior Vice President

Seller:	▇▇▇▇▇▇▇, Sachs & Co.

	By: ▇▇▇▇▇▇ ▇. Foutiere

	Title:


Custodian:	The Bank of New York

	By:	/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇

	Title: Vice President

EXHIBIT I

ADDED FUNDS — NOVEMBER 3, 2003

ING SERIES FUND, INC.

ING International Growth Portfolio

ING VARIABLE PORTFOLIOS, INC.

ING VP International Equity Portfolio

SCHEDULE A

LIST OF ALL FUNDS AS OF NOVEMBER 3, 2003

ING GET FUNDS	ING VP BALANCED PORTFOLIO, INC.
ING GET Fund — Series D
ING GET Fund — Series E	ING STRATEGIC ALLOCATION PORTFOLIOS, INC.
ING GET Fund — Series G	ING VP Strategic Allocation Growth Portfolio
ING GET Fund — Series H	ING VP Strategic Allocation Balanced Portfolio
ING GET Fund — Series I	ING VP Strategic Allocation Income Portfolio
ING GET Fund — Series J
ING GET Fund — Series K	ING ▇▇ ▇▇▇▇ PORTFOLIO
ING GET Fund — Series L
ING GET Fund — Series M	ING VP MONEY MARKET FUND
ING GET Fund — Series N	ING VP Money Market Portfolio
ING GET Fund — Series P
ING GET Fund — Series Q	ING VARIABLE FUNDS
ING GET Fund — Series R	ING VP Growth and Income Portfolio
ING GET Fund — Series S
ING GET Fund — Series T	ING VARIABLE PORTFOLIOS, INC.
ING GET Fund — Series U	ING VP Growth Portfolio
ING GET Fund — Series V	ING VP Index Plus LargeCap Portfolio
	ING VP Index Plus MidCap Portfolio
ING SERIES FUND, INC.	ING VP Index Plus SmallCap Portfolio
Brokerage Cash Reserves	ING VP International Equity Portfolio
ING Aeltus Money Market Fund	ING VP Small Company Portfolio
ING Balanced Fund	ING VP Value Opportunity Portfolio
ING Bond Fund
ING Classic Principal Protection Fund I
ING Classic Principal Protection Fund II
ING Classic Principal Protection Fund III
ING Classic Principal Protection Fund IV
ING Government Fund
ING Growth and Income Fund
ING Growth Fund
ING Index Plus LargeCap Fund
ING Index Plus MidCap Fund
ING Index Plus Protection Fund
ING Index Plus SmallCap Fund
ING International Growth Fund
ING Small Company Fund
ING Strategic Allocation Balanced Fund
ING Strategic Allocation Growth Fund
ING Strategic Allocation Income Fund
ING Value Opportunity Fund

SCHEDULE III

LIST OF ALL FUNDS’ ACCOUNT INFORMATON

Account Information for Delivery of Buyer’s Securities and Cash

ABA#: ▇▇▇▇▇▇▇▇▇

GLA/111-567 (only for Tri Party Repo’s)

Bank/Custodian: The Bank of New York

ACCOUNT NAME	ACCOUNT NUMBER	CID	ORG-CODE
Brokerage Cash Reserve	464062	901468-1989	▇▇▇-▇▇▇-▇▇▇
ING Aeltus Money Market Fund	464064	901468-1997	▇▇▇-▇▇▇-▇▇▇
ING Balanced Fund	464764	901468-1245	▇▇▇-▇▇▇-▇▇▇
ING Bond Fund	464068	901468-1261	▇▇▇-▇▇▇-▇▇▇
ING Classic Principal Protection Fund	464707	901468-2527	▇▇▇-▇▇▇-▇▇▇
ING Classic Principal Protection Fund II	464708	901468-2535	▇▇▇-▇▇▇-▇▇▇
ING Classic Principal Protection Fund III	464709	901468-2896	▇▇▇-▇▇▇-▇▇▇
ING Classic Principal Protection Fund IV	464710	901468-2381	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series D	464612	901468-1326	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series E	464614	901468-1652	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series G	464616	901468-1601	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series H	464618	901468-1318	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series I	464620	901468-1628	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series J	464622	901468-1636	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series K	464624	901468-1776	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series L	464626	901468-1784	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series M	464628	901468-1792	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series N	464630	901468-1806	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series P	464632	901468-2071	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series Q	464634	901468-2098	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series R	464636	901468-2101	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series S	464638	901468-2128	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series T	464640	901468-2136	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series U	464642	901468-2144	▇▇▇-▇▇▇-▇▇▇
ING GET Fund Series V	464644	901468-2152	▇▇▇-▇▇▇-▇▇▇
ING Government Fund	464076	901468-1660	▇▇▇-▇▇▇-▇▇▇
ING Growth and Income Fund	464723	901468-1164	▇▇▇-▇▇▇-▇▇▇
ING Growth Fund	464762	901468-1172	▇▇▇-▇▇▇-▇▇▇
ING Index Plus LargeCap Fund	464726	901468-1369	▇▇▇-▇▇▇-▇▇▇
ING Index Plus MidCap Fund	464727	901468-1202	▇▇▇-▇▇▇-▇▇▇
ING Index Plus Protection Fund	464712	901468-1814	▇▇▇-▇▇▇-▇▇▇
ING Index Plus SmallCap Fund	464725	901468-1210	▇▇▇-▇▇▇-▇▇▇
ING International Growth Fund	464204	901468-1946	▇▇▇-▇▇▇-▇▇▇
ING Small Company Fund	464729	901468-1148	▇▇▇-▇▇▇-▇▇▇
ING Strategic Allocation Balanced Fund	464719	901468-1970	▇▇▇-▇▇▇-▇▇▇
ING Strategic Allocation Growth Fund	464720	901468-1954	▇▇▇-▇▇▇-▇▇▇
ING Strategic Allocation Income Fund	464722	901468-1962	▇▇▇-▇▇▇-▇▇▇

ACCOUNT NAME	ACCOUNT NUMBER	CID	ORG-CODE
ING Value Opportunity Fund	464730	901468-1199	▇▇▇-▇▇▇-▇▇▇
ING VP Balanced Portfolio, Inc.	464428	901468-2055	▇▇▇-▇▇▇-▇▇▇
ING ▇▇ ▇▇▇▇ Portfolio	464400	901468-1113	▇▇▇-▇▇▇-▇▇▇
ING VP Growth and Income Portfolio	464402	901468-1105	▇▇▇-▇▇▇-▇▇▇
ING VP Growth Portfolio	464404	901468-1059	▇▇▇-▇▇▇-▇▇▇
ING VP Index Plus LargeCap Portfolio	464406	901468-1377	▇▇▇-▇▇▇-▇▇▇
ING VP Index Plus MidCap Portfolio	464408	901468-1067	▇▇▇-▇▇▇-▇▇▇
ING VP Index Plus SmallCap Portfolio	464410	901468-1075	▇▇▇-▇▇▇-▇▇▇
ING VP International Equity Portfolio	464460	901468-2004	▇▇▇-▇▇▇-▇▇▇
ING VP Money Market Portfolio	464412	901468-2063	▇▇▇-▇▇▇-▇▇▇
ING VP Small Company Portfolio	464414	901468-2012	▇▇▇-▇▇▇-▇▇▇
ING VP Strategic Allocation Balanced Portfolio	464416	901468-2039	▇▇▇-▇▇▇-▇▇▇
ING VP Strategic Allocation Growth Portfolio	464418	901468-2020	▇▇▇-▇▇▇-▇▇▇
ING VP Strategic Allocation Income Portfolio	464420	901468-2047	▇▇▇-▇▇▇-▇▇▇
ING VP Value Opportunity Portfolio	464424	901468-1083	▇▇▇-▇▇▇-▇▇▇

AMENDED CUSTODIAL UNDERTAKING IN CONNECTION WITH MASTER REPURCHASE AGREEMENT

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