X0303 4 2011-05-16 0001305014 ASHLAND INC. ASH 0001378228 Harris Theodore L 5200 BLAZER PARKWAY DUBLIN OH 43017 1 Senior Vice President Restricted Stock 2011-05-16 4 J 0 5000 0 D 25000 D Common Stock 2011-05-16 4 A 0 5000 0 A 8228 D Common Stock 2011-05-16 4 F 0 1598 60.21 D 6630 D Common Stock 1605 I 401(k) 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 A. Rines, Attorney-in-Fact 2011-05-18