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Ashland Inc. Board Declares Regular Quarterly Dividend

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

COLUMBUS, OH UNITED STATES
    COVINGTON, Ky., July 16 /PRNewswire-FirstCall/ -- The board of
directors of Ashland Inc. (NYSE: ASH) today declared the regular quarterly
cash dividend of 27.5 cents per share on the company's common stock,
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 Sept. 15, 2008, to shareholders of
record at the close of business on Aug. 20, 2008. As of June 30, 2008,
there were 63,005,458 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 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 Relations: Jim Vitak, +1-614-790-3715,
    jevitak@ashland.com, Investor Relations: Eric Boni,
    +1-859-815-4454 enboni@ashland.com, both of Ashland Inc.