X0303 4 2009-07-28 0001305014 ASHLAND INC. ASH 0001072302 CHAMBERS LAMAR M 50 E. RIVERCENTER BOULEVARD COVINGTON KY 41012-0391 1 Chief Financial Officer Restricted Stock 2009-07-28 4 J 0 5000 0 D 14000 D Common Stock 2009-07-28 4 A 0 5000 0 A 5055 D Common Stock 2009-07-28 4 F 0 1623 31.65 D 3432 D Reflects the lapsing of restrictions on Restricted Common Stock acquired pursuant to Ashland's stock incentive plans as approved by the shareholders and exempt pursuant to Rule 16b-3. Common Stock acquired pursuant to the lapsing of the restrictions on Restricted Common Stock acquired pursuant to Ashland's Stock Incentive Plans as approved by the shareholders and exempt pursuant to Rule 16b-3. Payment of tax liability by withholding incident to the receipt of the vesting of shares of Restricted Common Stock acquired pursuant to Ashland's Stock Incentive Plans as approved by the shareholders and exempt pursuant to Rule 16b-3. /s/David B. Mattingly, Attorney-in-Fact 2009-07-30