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Chambers Elected CFO by Ashland Inc. Board

   Ashland Inc. logo. (PRNewsFoto) (Newscom TagID: prnphotos051745)

COLUMBUS, OH UNITED STATES
    COVINGTON, Ky., May 15 /PRNewswire-FirstCall/ -- At its meeting today,
the board of directors of Ashland Inc. (NYSE: ASH) elected Lamar M.
Chambers senior vice president and chief financial officer, effective June
1. Chambers, currently vice president and controller, succeeds J. Marvin
Quin, who is retiring after 36 years of service.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )

    Chambers joined Ashland in 1976. His wide range of responsibilities has
included a variety of positions in global financial accounting and
analysis, as well as operational roles with Ashland's former petroleum and
transportation construction businesses. He became controller in 2004 and
will continue to handle those additional responsibilities until a
replacement is named.

    A native of Marietta, Ga., he earned a bachelor's degree in business
administration from the University of West Georgia in 1976. He is also a
graduate of the Executive Development Program at Indiana University's Kelly
School of Business and a member of the American Institute of Certified
Public Accountants.

    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 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:
    NewsCom: 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, Jim Vitak, +1-614-790-3715,
    jevitak@ashland.com, or Investors, Eric Boni, +1-859-815-4454,
    enboni@ashland.com, both of Ashland Inc.