Ashland Inc. Announces Webcast of Fiscal Second-Quarter Earnings Presentation

COVINGTON, Ky., Apr 13, 2009 (GlobeNewswire via COMTEX News Network) -- Ashland Inc. (NYSE:ASH) today announced that on Thursday, April 30, at 9 a.m. (EDT), it will conduct a live webcast of its second-quarter earnings presentation to the investment community. The presentation will cover results for the quarter ended March 31, 2009, the second quarter of Ashland's 2009 fiscal year. The company's results will be issued earlier in the day.

In attendance at the presentation will be: James J. O'Brien, chairman and chief executive officer; Lamar M. Chambers, senior vice president and chief financial officer; Paul C. Raymond III, vice president and president, Ashland Hercules Water Technologies; and Eric N. Boni, director, investor relations.

The webcast, which will last approximately 60 minutes, will be accessible through Ashland's Investor Relations website, http://investor.ashland.com.

Following the live event, an archived version of the webcast will be available on the Ashland website for 12 months. Minimum requirements to listen to the webcast include the free Windows MediaPlayer software and a 28.8 Kbps connection to the Internet.

Schedule this webcast into MS-Outlook calendar (click open when prompted):http://apps.shareholder.com/PNWOutlook/t.aspx?m=36385&k=6D88FE79

Ashland Inc. (NYSE:ASH) provides specialty chemical products, services and solutions for many of the world's most essential needs and industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Consumer Markets (Valvoline) and Ashland Distribution. To learn more about Ashland, visit www.ashland.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Shareholder.com; Ashland Inc.

Media Relations:
         Jim Vitak
         (614) 790-3715
         jevitak@ashland.com

         Investor Relations:
         Eric Boni
         (859) 815-4454
         enboni@ashland.com

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