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Ashland Inc. Board Declares Regular Quarterly Dividend

   Ashland Inc. logo. (PRNewsFoto)

COLUMBUS, OH USA
    COVINGTON, Ky., Nov. 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 (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 December 15, 2006, to shareholders of
record at the close of business on November 27, 2006. As of October 31,
2006, there were 64,238,433 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.


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.