August 8, 2013
COVINGTON, Ky. - Ashland Inc. (NYSE: ASH) today announced offers (each an "exchange offer" and collectively the "exchange offers") to exchange all of its outstanding 3.000% Senior Notes due 2016 (the "Original 2016 Notes") for its 3.000% Senior Notes due 2016, which have been registered under the Securities Act of 1933, as amended (the "Securities Act") (the "Exchange 2016 Notes"), 3.875% Senior Notes due 2018 (the "Original 2018 Notes") for its 3.875% Senior Notes due 2018, which have been registered under the Securities Act (the "Exchange 2018 Notes"), 4.750% Senior Notes due 2022 (the "Original 2022 Notes") for its 4.750% Senior Notes due 2022, which have been registered under the Securities Act (the
"Exchange 2022 Notes") and 6.875% Senior Notes due 2043 (the "Original 2043 Notes" and, together with the Original 2016 Notes, the Original 2018 Notes and the Original 2022 Notes, the "Original Notes" and each an "Original Note") for its 6.875% Senior Notes due 2043, which have been registered under the Securities Act (the "Exchange 2043 Notes" and, together with the Exchange 2016 Notes, the Exchange 2018 Notes and the Exchange 2022 Notes, the "Exchange Notes").
The exchange offers will expire at 5:00 p.m., New York City time, on September 9, 2013, subject to Ashland's right to extend the expiration date for any exchange offer. Tender of Original Notes may be withdrawn at any time prior to the expiration date. The terms of the Exchange Notes are substantially
identical to the terms of the corresponding series of the Original Notes, except that the Exchange Notes are registered under the Securities Act and the transfer restrictions, registration rights and payment of additional interest in case of non-registration applicable to the Original Notes do not apply to the Exchange Notes.
The terms of the exchange offers and other information relating to Ashland are set forth in the prospectus dated August 8, 2013 (the "Prospectus") and the related letter of transmittal. Holders of the Original Notes may obtain the Prospectus and related letter of transmittal through U.S. Bank National Association, which is serving as the exchange agent in connection with the exchange offers. U.S. Bank National
Association's address, telephone number and facsimile number are as follows:
U.S. Bank National Association
U.S. Bank West Side Flats Operations Center
60 Livingston Ave.
St. Paul, MN 55107
Attention: Specialized Finance
Reference: Ashland Inc.
Telephone number: (800) 934-6802
Facsimile number: (651) 466-7372
This press release shall not constitute an offer to exchange nor a solicitation of an offer to exchange the Original Notes. The exchange offers
are being made only pursuant to the Prospectus and the related letter of transmittal and only to such persons and in such jurisdictions as is permitted under applicable law.
About Ashland
In more than 100 countries, the people of Ashland Inc. provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Our chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment. Visit ashland.com to see the innovations we offer
through our four commercial units - Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials and Ashland Consumer Markets.
C-ASH
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(TM)Trademark of Ashland or its subsidiaries, registered in various countries
FOR FURTHER INFORMATION:
Media Relations
Gary Rhodes
+1 (859) 815-3047
glrhodes@ashland.com
Investor Relations
Jason Thompson
+1 (859) 815-4454
jlthompson@ashland.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Ashland Inc. via Thomson Reuters ONE
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