Ashland Inc. Announces Webcast of Second-Quarter Earnings Presentation to Securities Analysts

Ashland Inc. Announces Webcast of Second-Quarter Earnings Presentation to Securities AnalystsCOVINGTON, Ky., April 16 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) today announced that on Tuesday, April 29, at 10 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, 2008, the second quarter of Ashland's 2008 fiscal year. The company's results will be issued earlier in the day at 8 a.m.

In attendance at the presentation will be: James J. O'Brien, chairman and chief executive officer; J. Marvin Quin, senior vice president and chief financial officer; Frank L. "Hank" Waters, vice president and president, Ashland Performance Materials and Ashland Water Technologies; Lamar M. Chambers, vice president and controller; Eric N. Boni, director, investor relations; and Michael A. Meade, assistant controller, external financial reporting.

The webcast, which will last approximately 60 minutes, will be accessible through Ashland's Investor Relations website, www.ashland.com/investors. Following the live event, an archived version of the webcast will be available on the Ashland website for 12 months.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.

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 www.ashland.com.

FORTUNE 500 is a trademark of Time Inc.

SOURCE: Ashland Inc.

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.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Ashland's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.