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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 5jFgl5E1bH8tMnMyiPI5lA==

<SEC-DOCUMENT>0001181431-07-030671.txt : 20070508
<SEC-HEADER>0001181431-07-030671.hdr.sgml : 20070508
<ACCEPTANCE-DATETIME>20070508172349
ACCESSION NUMBER:		0001181431-07-030671
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20070507
FILED AS OF DATE:		20070508
DATE AS OF CHANGE:		20070508

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CADIZ INC
		CENTRAL INDEX KEY:			0000727273
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				770313235
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		777 SOUTH FIGUEROA STREET
		STREET 2:		SUITE 4250
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90017
		BUSINESS PHONE:		213-271-1600

	MAIL ADDRESS:	
		STREET 1:		777 SOUTH FIGUEROA STREET
		STREET 2:		SUITE 4250
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CADIZ LAND CO INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PACIFIC AGRICULTURAL HOLDINGS INC
		DATE OF NAME CHANGE:	19920602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARIDTECH INC
		DATE OF NAME CHANGE:	19880523

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ING CAPITAL LLC
		CENTRAL INDEX KEY:			0001279842
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12114
		FILM NUMBER:		07829231

	BUSINESS ADDRESS:	
		STREET 1:		1325 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		6464246241

	MAIL ADDRESS:	
		STREET 1:		1325 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ING GROEP NV
		CENTRAL INDEX KEY:			0001039765
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12114
		FILM NUMBER:		07829232

	BUSINESS ADDRESS:	
		STREET 1:		AMSTELVEENSEWEG 500, 1081 KL AMSTERDAM
		STREET 2:		PO BOX 810, 1000 AV
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			0000
		BUSINESS PHONE:		01131205418534

	MAIL ADDRESS:	
		STREET 1:		AMSTELVEENSEWEG 500, 1081 KL AMSTERDAM
		STREET 2:		PO BOX 810, 1000 AV
		CITY:			AMSTERDAM
		STATE:			P7
		ZIP:			0000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd157607.xml
<DESCRIPTION>MAY 7, 2007 FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-05-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000727273</issuerCik>
        <issuerName>CADIZ INC</issuerName>
        <issuerTradingSymbol>CDZI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001039765</rptOwnerCik>
            <rptOwnerName>ING GROEP NV</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>AMSTELVEENSEWEG 500, 1081 KL</rptOwnerStreet1>
            <rptOwnerStreet2>PO BOX, 810, 1000 AV</rptOwnerStreet2>
            <rptOwnerCity>AMSTERDAM</rptOwnerCity>
            <rptOwnerState>P7</rptOwnerState>
            <rptOwnerZipCode>0000</rptOwnerZipCode>
            <rptOwnerStateDescription>NETHERLANDS</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001279842</rptOwnerCik>
            <rptOwnerName>ING CAPITAL LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1325 AVENUE OF THE AMERICAS</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10019</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2007-05-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2901</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>23.0816</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1330731</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">ING Groep N.V. sold 2,901 shares at a price of $23.0816 a share, which equals a gross aggregate consideration of $66,960.</footnote>
        <footnote id="F2">ING Groep N.V. is the indirect parent company of ING Capital LLC through a chain of wholly-owned subsidiaries.</footnote>
    </footnotes>

    <remarks>Other Reporting Owner Name/Address: ING Capital LLC, 1325 Avenue of the Americas, New York, NY 10029.</remarks>

    <ownerSignature>
        <signatureName>Geoff Arens</signatureName>
        <signatureDate>2007-05-08</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Nicole Ponzoa, attorney-in-fact</signatureName>
        <signatureDate>2007-05-08</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Timothy Meehan, attorney-in-fact</signatureName>
        <signatureDate>2007-05-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.1
<SEQUENCE>2
<FILENAME>rrd139118_156562.htm
<DESCRIPTION>POWER OF ATTORNEY
<TEXT>
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<HEAD>
<TITLE>
rrd139118_156562.html
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</HEAD>
<BODY>
<PRE>
<p>ING GROUP<p><br>ING Groep N.V.<p><br>POWER OF ATTORNEY<p><br>BY THIS POWER OF ATTORNEY, ING Groep N.V., a holding company duly organized and<br>existing under the laws of The Netherlands, with registered office address at<br>Amstelveenseweg 500, 1081 KL Amsterdam, The Netherlands ("ING Groep"), hereby<br>makes, constitutes and appoints each of:<p><br>Robert Ross (Vice President, ING Financial Services LLC);<br>Timothy M. Meehan (Director and Assistant General Counsel, ING Financial<br>Holdings Corporation);<br>Nicole Ponzoa (Vice President and Assistant General Counsel, ING Financial<br>Holdings Corporation); and<br>Kathleen Gorman (Corporate Secretary, ING Financial Holdings Corporation)<p><br>(each an "Attorney" and together the "Attorneys"), with two of them together having<br>full power and authority in ING Groep's name, place and stead, to sign, execute,<br>certify, swear to, acknowledge, deliver and file any and all documents which they<br>reasonably deem appropriate or necessary in connection with 
the preparation,<br>execution and filing of the 'Ownership and Trading Reports' to be filed with the<br>U.S. Securities and Exchange Commission ("SEC") on Form 3, Form 4 or Form 5, with<br>such modifications and amendments as any such attorneys may deem desirable.<p><br>ING Groep hereby agrees to ratify and confirm anything lawfully done or purported<br>to be done by the Attorneys pursuant to this Power of Attorney.<p><br>This Power of Attorney can be revoked at any time and shall in any event be of no<br>further effect after May 3, 2008.<p><br>This Power of Attorney and all rights and obligations thereunder shall be governed<br>by and construed in accordance with the laws of the Netherlands. All disputes that<br>may arise from or in connection with this Power of Attorney shall be submitted to<br>the jurisdiction of a competent court in the Netherlands to the exclusion of all<br>other authorities.<p><br>The Attorneys have no right of substitution.<p><br>IN WITNESS WHEREOF, this Power of Attorney has been dul
y executed on May 3, 2007.<p><br>ING Groep N.V.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ING Groep N.V.<p><br>By: /s/ W. A. Brouwer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: /s/ Pieter van Lierop<br>W.A. Brouwer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pieter van Lierop<br>Senior Legal Counsel&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assistant General Counsel<p><br>
</PRE>
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</DOCUMENT>
</SEC-DOCUMENT>
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