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Ashland Inc. Board Declares Regular Quarterly Dividend

   Ashland Inc. logo. (PRNewsFoto)

COLUMBUS, OH USA
    COVINGTON, Ky., Jan. 24 /PRNewswire-FirstCall/ -- Meeting late today,
the board of directors of Ashland Inc. (NYSE: ASH) declared the regular
quarterly cash dividend of 27.5 cents per share on the company's common
stock (listed on the New York and Chicago stock exchanges), equivalent to
an annual dividend of $1.10 per share.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )
    This dividend will be payable on March 15, 2007, to shareholders of
record at the close of business on Feb. 19, 2007. As of Dec. 31, 2006,
there were 62,637,469 shares outstanding.
    Ashland Inc., a diversified, global chemical company, provides quality
products, services and solutions to customers in more than 100 countries. A
FORTUNE 500 company, it operates through four wholly owned divisions:
Ashland Performance Materials, Ashland Distribution, Valvoline and Ashland
Water Technologies. To learn more about Ashland, visit http://www.ashland.com.
    FORTUNE 500 is a trademark of Time Inc.


SOURCE Ashland Inc.




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Related links:
  • http://www.ashland.com
    Photo Notes:http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
  • http://www.prnewswire.com/comp/065263.html /
    CONTACT:
    Media Relations, Jim Vitak, +1-614-790-3715,
    or jevitak@ashland.com, or Investor Relations, Dean Doza,
    +1-859-815-4454, or lddoza@ashland.com, both of Ashland Inc.