Ashland Inc. to Webcast Presentation to Investment Community

COVINGTON, Ky., Jun 17, 2004 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. (NYSE: ASH) today announced that on Monday, June 21, at 12:45 p.m. (EDT) it will conduct a live audio webcast of its mid-year business update and Chemical sector overview with the investment community. Participants include James J. O'Brien, Ashland Inc. chairman and chief executive officer, and Gary C, Cappeline, president and chief operating officer, Chemicals.

(Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )

The webcast, which will last approximately one hour, 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 Following the live event, an archived version of the webcast will be available on the Ashland website for 12 months.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 Windows MediaPlayer software and a 28.8 Kbps connection to the Internet.

Ashland Inc. (NYSE: ASH) is a Fortune 500 transportation construction, chemicals and petroleum company providing products, services and customer solutions throughout the world. To learn more about Ashland, visit www.ashland.com .

SOURCE Ashland Inc.

Media, Jim Vitak, +1-614-790-3715, or jevitak@ashland.com , or
Investor Relations, Bill Henderson, +1-859-815-4454, or
wehenderson@ashland.com , both of Ashland Inc.
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http://www.ashland.com