Today, two ING Clarion Funds: ING Clarion Global Real Estate Income Fund (NYSE: IGR) and ING Clarion Real Estate Income Fund (NYSE: IIA), celebrated their transfer from the American Stock Exchange to the New York Stock Exchange. The funds will continue to trade under their current ticker symbols: IGR and IIA, respectively.

ING Clarion Real Estate Securities Chief Executive Officer T. Ritson Ferguson, joined by senior executives from the company, commemorated today’s transfer by ringing The Opening BellSM.

"We are committed to maintaining a highly visible and orderly secondary market for our fund shares. We believe the transfer of shares to the NYSE is in the best interest of our shareholders," said Ritson Ferguson, CEO of ING Clarion Real Estate Securities. "We also believe Bear Wagner will do an excellent job as specialist for both IGR and IIA."

The listings of the two ING Clarion Real Estate Income funds bring the total number of AMEX transfers to the NYSE to five thus far in 2007. Year-to-date, 31 new closed-end funds IPOs have joined the New York Stock Exchange with a total market value of $26.3 billion. The total market cap of the more than 500 NYSE-listed closed-end funds is $206.4 billion (year-to-date).

“We welcome ING Clarion Real Estate Income Fund and ING Clarion Global Real Estate Income Fund to the NYSE roster of listed closed-end funds,” said NYSE Euronext CEO John A. Thain. “The transfer of ING Clarion funds to the NYSE further underscores the value of an NYSE listing. We look forward to our continued partnership with ING and providing the shareholders of its funds with superior market quality, liquidity and visibility.” -NYSE