Item 7.01. Regulation FD Disclosure

On December 4, 2008, Ashland Inc. ("Ashland") will include the information contained in Exhibit 99.1 on the "Investor Center" section of its website located at www.ashland.com. Ashland is furnishing the information pursuant to the Securities and Exchange Commission's ("SEC") Regulation FD. The information contained in Exhibit 99.1 includes five years (fiscal years 2004 - 2008) of supplemental financial information concerning Ashland and its consolidated subsidiaries. Such fiscal year information does not include Hercules Incorporated, Ashland's wholly owned subsidiary acquired through a subsidiary merger transaction effective November 13, 2008. 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.

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 exhibit from its website at any time.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits 99.1 5-Year Supplemental Financial Information posted to Ashland Inc.'s website.

-2-