Ashland Inc. : Ashland Inc. board declares regular quarterly dividend

    Ashland Inc. : Ashland Inc. board declares regular quarterly dividend

January 30, 2013

COVINGTON, Ky.  - The  board of  directors  of Ashland  Inc. (NYSE:  ASH)  has 
declared a quarterly cash  dividend of 22.5 cents  per share on the  company's 
common stock.  The dividend  is payable  March 15,  2013, to  shareholders  of 
record at the close of business on February 15, 2013. As of December 31, 2012,
there were 78,979,725 shares of Ashland common stock outstanding.

In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the
specialty chemicals, technologies  and insights to  help customers create  new 
and improved products for  today and sustainable  solutions for tomorrow.  Our 
chemistry is at work every day in a wide variety of markets and  applications, 
including architectural coatings, automotive,  construction, energy, food  and 
beverage,  personal  care,  pharmaceutical,   tissue  and  towel,  and   water 
treatment. Visit ashland.com to see the innovations we offer through our  four 
commercial units - Ashland Specialty Ingredients, Ashland Water  Technologies, 
Ashland Performance Materials and Ashland Consumer Markets.

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C-ASH

FOR FURTHER INFORMATION:
Media Relations:
Gary Rhodes
+1 (859) 815-3047
glrhodes@ashland.com

Investor Relations:
Jason Thompson
+1 (859) 815-4454
jlthompson@ashland.com

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Source: Ashland Inc. via Thomson Reuters ONE
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