Item 7.01. Regulation FD Disclosure

On July 1, 2009, Ashland Inc. ("Ashland") announced in an employee communication that Peter H. Rijneveldshoek, Vice President, Ashland and President, Ashland Performance Materials, will retire from Ashland effective July 31, 2009. Effective July 1, 2009, Mr. Rijneveldshoek will no longer be an executive officer of Ashland. Ashland also announced that Theodore L. Harris, currently Vice President, Ashland and President, Global Supply Chain; Environmental, Health and Safety; and Information Technology, has been appointed the additional title of President, Ashland Performance Materials effective July 1, 2009.

Ashland is furnishing the information pursuant to the Securities and Exchange Commission's ("SEC") Regulation FD. By filing this report on Form 8-K, Ashland makes no admission as to the materiality of any information in this report.