Summary of ASHLAND INC. - Yahoo! Finance

Item 7.01. Regulation FD Disclosure

On October 28, 2008, Ashland Inc. will include the information contained in exhibits 99.1-99.15, and graphic images thereof, on the "Investor Center" section of its website located at www.ashland.com, or in employee communications.

Ashland is furnishing the information pursuant to the Securities and Exchange Commission's ("SEC") Regulation FD. The information contained in exhibits 99.1-99.14 is summary information concerning key metrics for Ashland's operating segments. The information contained in exhibit 99.15 is summary information concerning certain working capital components, expressed as a percentage of annualized sales for Ashland on a monthly basis for September 2008, as used for certain internal measurement purposes. The information is intended to be considered in the context of Ashland's SEC filings and other public announcements that Ashland may make from time to time. Included in the financial information are the effects of changes in Ashland's accounting methodology as a result of the implementation of Ashland's enterprise resource planning ("ERP") system. The new ERP system allows Ashland to report business results from certain foreign jurisdictions (which were previously on different computer systems) at the same time as North American operations. Previously this information was available only on a one-month lag. As a result of this change, operations in these non-North American jurisdictions generated thirteen months of business results in fiscal 2007. The change had an effect on business results reported in August and September 2007 and will continue to have an effect on any 12 month rolling average business results that contain August and September 2007 information. A summary of the effect on the rolling averages for September 2008 results is as follows:

Exhibit                                       September 2008
        Ashland Distribution Sales / Shipping
 99.1   Day                                     No Change
 99.2   Ashland Distribution Revenue            No Change
        Ashland Distribution Revenue - 12
        Month Rolling Average                   No Change
        Ashland Distribution Gross Profit - 3
 99.3   Month Rolling Average                   No Change
        Ashland Distribution Gross Profit -
        12 Month Rolling Average                No Change
        Ashland Performance Materials Sales /
 99.4   Shipping Day                            No Change
 99.5   Ashland Performance Materials Revenue   No Change
        Ashland Performance Materials Revenue
        - 12 Month Rolling Average              No Change
        Ashland Performance Materials Gross
 99.6   Profit - 3 Month Rolling Average        No Change
        Ashland Performance Materials Gross
        Profit - 12 Month Rolling Average        No Change
        Ashland Water Technologies Sales /
 99.7   Shipping Day                            No Change
 99.8   Ashland Water Technologies Revenue      No Change
        Ashland Water Technologies Revenue -
        12 Month Rolling Average                No Change
        Ashland Water Technologies Gross
 99.9   Profit - 3 Month Rolling Average        No Change
        Ashland Water Technologies Gross
        Profit - 12 Month Rolling Average       No Change
        Valvoline Premium Lubricants % of
 99.10  Branded Volume                          No Change
 99.11  Valvoline Revenue                       No Change
        Valvoline Revenue - 12 Month Rolling
        Average                                 No Change
        Valvoline Gross Profit - 3 Month
 99.12  Rolling Average                         No Change
        Valvoline Gross Profit - 12 Month
        Rolling Average                         No Change
 99.13  Valvoline Lubricant Sales Gallons       No Change
 99.14  VIOC 12 Month Rolling Average Sales     No Change

By filing this report on Form 8-K, Ashland makes no admission as to the materiality of any information in this report. Ashland reserves the right to discontinue the availability of the data in the attached exhibits.

Item 9.01. Financial Statements and Exhibits

 (d)   Exhibits
99.1   Website data concerning Ashland Distribution's average sales per shipping
       day
99.2   Website data concerning Ashland Distribution's revenue
99.3   Website data concerning Ashland Distribution's gross profit
99.4   Website data concerning Ashland Performance Materials' average sales per
       shipping day
99.5   Website data concerning Ashland Performance Materials' revenue
99.6   Website data concerning Ashland Performance Materials' gross profit
99.7   Website data concerning Ashland Water Technologies' average sales per
       shipping day
99.8   Website data concerning Ashland Water Technologies' revenue
99.9   Website data concerning Ashland Water Technologies' gross profit
99.10  Website data concerning Valvoline's premium lubricants % of branded volume
99.11  Website data concerning Valvoline's revenue
99.12  Website data concerning Valvoline's gross profit
99.13  Website data concerning Valvoline's lubricant sales gallons
99.14  Website data concerning Valvoline Instant Oil Change's twelve month
       rolling average sales

99.15 Website data concerning Ashland Inc.'s operating segment trade working capital