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

COVINGTON, Ky., July 17 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) today announced that on Wednesday, July 26, at 11 a.m. (EDT), it will conduct a live webcast of its third-quarter earnings presentation to the investment community. The presentation will cover results for the quarter ended June 30, the third quarter of Ashland's 2006 fiscal year. The company's results will be issued at 8 a.m. on July 26.

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; Daragh L. Porter, vice president, finance, and treasurer, with responsibility for investor relations; and William A. Thompson, assistant controller.

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 Following the live event, an archived version of the webcast will be available on the Ashland website for 12 months.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. (NYSE: ASH) is a FORTUNE 500 chemical and transportation construction company providing products, services and customer solutions throughout the world. To learn more about Ashland, visit www.ashland.com.

FORTUNE 500 is a registered trademark of Time Inc.

SOURCE Ashland Inc.
CONTACT: Media Relations: Jim Vitak, +1-614-790-3715, or
jevitak@ashland.com, or Investor Relations: Daragh Porter, +1-859-815-3825, or
dlporter@ashland.com, both of Ashland Inc.
Web site: http://www.ashland.com
http://www.ashland.com/investors
(ASH)