ING Prime Rate Trust
Supplement dated August 29, 2008 to the
25,000,000 Common Shares Prospectus and
5,000,000 Common Shares Prospectus
each dated June 30, 2008
Effective July 18, 2008, Curtis F. Lee is no longer a portfolio manager of ING Prime Rate Trust. All references to Mr. Lee relating to ING Prime Rate Trust are hereby deleted in their entirety.
ING Prime Rate Trust
Supplement dated August 29, 2008
ING Prime Rate Trust
Statement of Additional Information
dated June 30, 2008
Effective July 18, 2008, Curtis F. Lee is no longer a portfolio manager of ING Prime Rate Trust. All references to Mr. Lee relating to ING Prime Rate Trust are hereby deleted in their entirety.